Business Services Industry
Tandberg Television ASA wins USD23.7m video-on-demand software order from cable TV operator
Nordic Business Report, March 15, 2007
NORDIC BUSINESS REPORT-15 March 2007-Tandberg Television ASA wins USD23.7m video-on-demand software order from cable TV operator(C)1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com
The Norwegian digital video solutions provider Tandberg Television ASA said on Thursday (15 March) that it has received a major order for video-on-demand (VOD) software from a leading cable television operator.
The order, which has a minimum purchase commitment of USD23.7m, covers multiple products and services scheduled for delivery throughout 2007 and 2008.
Tandberg Television is in the process of being acquired by Swedish telecomms solutions provider Ericsson (Nasdaq: ERIC).
Tandberg Television has offices around the world and regional headquarters in Southampton in the United Kingdom, Atlanta, Georgia and Hong Kong. Tandberg Television is listed on the Oslo Stock Exchange under the ticker TAT.
One British pound (GBP) is worth approximately 1.93 US dollars (USD).
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