Mumbai: OpenTV Corp. has acquired Ruzz TV Pty Ltd, a privately-held company based in Sydney, Australia that provides turnkey software solutions for television broadcasters. The terms of the deal were not disclosed.
"Ruzz TV is an innovative provider of high-quality technology solutions for broadcasters," said OpenTV chief executive officer Ben Bennett. "With this acquisition, we are excited to complement our products and offer broadcasters around the world the right components to manage their workflow and content processes quickly and efficiently."
Ruzz TV’s key technology provides broadcasters with a platform that enables the optimization of broadcast play-out operations by seamlessly integrating mission-critical systems and components supplied by multiple vendors. The platform allows for the rapid deployment of highly flexible solutions across a broad range of operational areas, covering the business, technical and operational requirements of the broadcaster. It also manages the actual assembly and transmission of the stream of pictures and sounds that are broadcast to television viewers, from scheduling and sales, to acquisition, production, assembly, play-out, transmission and distribution. In addition, Ruzz TV is a leading developer of solutions that support content management and delivery across a wide range of platforms and formats, as well as the platform-wide synchronization of schedules and metadata.
Ruzz TV was founded in 1999 by Robert Rutherford and has ten employees based in Sydney, Australia. Rutherford will continue as MD and CTO with Ruzz TV following the acquisition.
