Espial to gain end-to-end, cloud-hosted
video service;
ARRIS will continue providing media
gateways, media players, support and solution delivery in
collaboration with Espial
Transforming the viewing experience worldwide, Espial today
announced an agreement to acquire ARRIS’s Whole Home Solution (WHS)
platform.
The transaction will include:
- WHS infrastructure, client and server
software solutions
- A talented team of WHS development and
operations personnel, primarily located in Kirkland,
Washington
- A 24x7x365 Network Operations Center
(NOC) and two WHS cloud data center operations (geo redundant)
- ARRIS will continue providing media
gateways, media players, support and solution delivery
Espial will support current – and look to accelerate future –
roadmaps for more than 40 WHS service provider customers spanning
the US, Canada, and Latin America.
Terms and conditions of the pending acquisition were not
disclosed. The transaction, which is subject to customary closing
conditions, is expected to close in Q3, 2016.
Following this transition, ARRIS will continue to partner with
Espial to support WHS with joint integration and co-marketing
activities. The two companies also intend to establish a reseller
agreement. Espial and ARRIS have a long history of successfully
working together, with their most recent collaboration – for
Portugal’s NOS – marking Europe’s first RDK 4K commercial launch
earlier this month
Executive Quotes
“WHS expands our solution portfolio with a cloud-hosted
Video-as-a-Service platform that is complimentary to and will
leverage Espial’s current solutions for next-generation IP video
services,” said Jaison Dolvane, CEO, Espial. “By driving service
velocity and innovation for our service provider customers, we
expect to help them improve subscriber satisfaction, reduce churn
and increase revenue. Espial gains a broad base of new customer
relationships and further scales our world-class integration,
operations, and software development teams. We look forward to
collaborating with ARRIS to enhance the Whole Home Solution,
strengthen support, and expand the customer base going
forward.”
“Combining the WHS technology and ARRIS team with Espial will
broaden the capability of the overall organization and accelerate
the pace of innovation. This speed is needed to meet increasing
customer and consumer demand. ARRIS will continue to focus our
R&D investment on the greater broadband and video ecosystem,
dedicated to enabling next-gen entertainment and communication
experiences that are connected and personalized,” said Bruce
McClelland, President Network & Cloud and Global Services,
ARRIS. “We will work closely with Espial to make this a
seamless experience for our customers, and we will partner with
Espial to support WHS, including a strong roadmap of new innovative
devices. We believe this signifies our confidence in Espial’s value
proposition for WHS customers, employees, and consumers.”
Customer Quotes
“ARRIS selected a strong partner in Espial to advance the WHS,”
said Cash Hagen, Chief Technology Officer, WOW! Internet, Cable
& Phone. “Espial's solutions for next-generation IP video
combined with the cloud-hosted WHS will help WOW continue
delivering market leading video services to our subscribers. We’re
excited about the future of the WHS solution and look forward to
working with Espial and ARRIS to enhance it further.”
“The WHS addresses important needs of Comporium’s subscribers,
but the competition we face is escalating rapidly,” said Jack
Holladay, Executive Vice President, Technology. “We believe the
combination of Espial and ARRIS will bring both speed and
competitive advantage to Comporium’s video offering going
forward.”
About Whole Home Solution (WHS)
The Whole Home Solution is an end-to-end, turn-key IP Video
solution. WHS enables service providers to deliver feature-rich
video and telephony services, multi-room advanced DVR services,
Wi-Fi®, DOCSIS®, and other services. Subscribers can access an
extended range of content and TV everywhere options, as well as
rich personalized experience. The ARRIS Whole Home Solution
products are available on ARRIS DCX-3635 Gateways, the IP Media
Player IP815, and Media Player MP2050 and MP2150.
About Espial (www.espial.com)
With Espial, video service providers create responsive and
engaging subscriber viewing experiences incorporating powerful
content discovery and intuitive navigation. Service providers
achieve ‘Web-speed’ innovation with Espial’s flexible, open
software leveraging RDK and HTML5 technologies. This provides
competitive advantage through an immersive and personalized user
experience, seamlessly blending advanced TV services with OTT
content. With customers spanning six continents, Espial is
headquartered in Ottawa, Canada, has R&D centers in Montreal,
Silicon Valley, Cambridge UK, and Lisbon, and sales/support offices
in N. America., Europe and Asia. For more information, visit
www.espial.com.
About ARRIS (www.arris.com)
ARRIS International plc. (NASDAQ:ARRS) is a world leader in
entertainment and communications technology. Our innovations
combine hardware, software, and services across the cloud, network,
and home to power TV and Internet for millions of people around the
globe. The people of ARRIS collaborate with the world's top service
providers, content providers, and retailers to advance the state of
our industry and pioneer tomorrow's connected world. For more
information, visit www.arris.com.
Forward Looking Statements
This press release contains information that is forward looking
information with respect to Espial within the meaning of Section
138.4(9) of the Ontario Securities Act (forward looking statements)
and other applicable securities laws. In some cases,
forward-looking information can be identified by the use of terms
such as "may", "will", "should", "expect", "plan", "anticipate",
"believe", "intend", "estimate", "predict", "potential", "continue"
or the negative of these terms or other similar expressions
concerning matters that are not historical facts. In particular,
statements or assumptions about, perceived future benefits and
synergies of the proposed acquisition and possible new customer and
partner relationships, our position or ability to capitalize on
such perceived benefits and synergies, existing or future
opportunities for the company and products, execute on new market
opportunities, maintain existing Whole Home Solution user base and
secure new customer wins, and any other statements regarding
Espial's, Arris’ or their customers’ objectives (and strategies to
achieve such objectives), future expectations, beliefs, goals or
prospects, are or involve forward-looking information.
Forward-looking information is based on certain factors and
assumptions. While the company considers these assumptions to be
reasonable based on information currently available to it, they may
prove to be incorrect. Forward-looking information, by its nature
necessarily involves known and unknown risks and uncertainties. A
number of factors (many of which are beyond our control and current
expectation or knowledge) could cause actual results to differ
materially from those in the forward-looking statements or could
cause our current objectives and strategies to change, including
but not limited to:
- our ability to complete the proposed
acquisition (which is subject to conditions beyond Espial’s
control) and successfully integrate the Whole Home Solution product
line and associated Arris personnel into Espial operations;
- Our ability to capitalize on the
perceived benefits and synergies of the proposed acquisition;
- Our ability to maintain Whole Home
Solution user base and supply existing and new customers and
partners with our products and services, including Whole Home
Solution, and avoid being displaced by competitive offerings;
- our ability to effectively grow our
integration and support capabilities, execute on market
opportunities, develop our distribution channels and generate
increased demand for our products;
- economic conditions and technological
change; and
- unanticipated changes in our costs,
regulatory changes or litigation.
Additional risks and uncertainties affecting Espial can be found
in Management’s Discussion and Analysis of Results of Operations
and Financial Condition and its Annual Information Form for the
fiscal years ended December 31, 2014 and 2015 on SEDAR at
www.sedar.com. If any of these risks or uncertainties were to
materialize, or if the factors and assumptions underlying the
forward-looking information were to prove incorrect, actual results
could vary materially from those that are expressed or implied by
the forward-looking information contained herein and our current
objectives or strategies may change. Espial assumes no obligation
to update or revise any forward looking statements, whether as a
result of new information, future events or otherwise, except as
required by law. Readers are cautioned not to place undue reliance
on these forward-looking statements that speak only as of the date
hereof.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160629005333/en/
Espial:Kirk Edwardson, +1 613-301-3423Director of
Marketingkedwardson@espial.comorARRIS:Jeanne Russo, +1
215-323-1880Global Strategic
Communicationsjeanne.russo@arris.com
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