(PRWEB) January 7, 2009
CompleteTV, a UK company developing innovative set top technology for new generation Over-the-Top IPTV services, has announced the acquisition of the IPR and assets of CIMA Technologies (Hong Kong).
As an IPTV set top box developer, CIMA has been focused on both the IPTV and hospitality markets. CIMA has developed some highly competitive technology with its Elegance and Industria set top products and supporting software in the area of IPTV integrated web browsing and Adobe™ Flash Player user interfaces.
The CIMA development team in China will enable CompleteTV to accelerate its Over-the-Top development plans and also ensure the company can achieve a greater number of custom developments for new and existing customers.
Graham Skelton, CEO of CompleteTV, said "The true value of CIMA to the CompleteTV operation is the access to high quality and extremely cost effective development and test resources in China. The Over-the-Top IPTV market has a wide range of requirements; the acquisition of the staff, IPR and assets of CIMA will help to maintain our leadership in Over-the-Top IPTV and reaffirms CTV's position as a truly global player."
CompleteTV has established a Hong Kong office that will be headed up by Angus Kirkwood, who will become CompleteTV's Vice President of Asia Operations.
CTV will continue to support the existing CIMA customer base with both CIMA and CTV products and will immediately embark on a product consolidation strategy to optimise the product line for various target markets.
In 2009 CTV will invest and grow the development and testing facility in China to support new, large volume contracts.
CompleteTV is a privately held IPTV technology and services provider founded in 2004. The company is aiming to lead in the delivery of Over-the-Top IPTV through the development of innovative set top technology providing TV viewers an unparalleled video view of the web. CompleteTV Set Top Media Centers enable TV viewers worldwide to access multimedia content from both protected and free sources from a simple broadband connection and without need for PC systems or skills.
About CIMA Technologies:
CIMA is an IPTV and hybrid (IPTV + DVB) set top box provider offering IPTV, VOD, VoIP and DVB applications. CIMA has engineering and manufacturing facilities located right in the heart of China's high technology zones of Shenzhen & Dongguan.