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Eastlink will gain the benefit of scale from Espials Elevate cloud based SaaS platform and be able to leverage an industry-leading innovation roadmap for video and entertainment services in the delivery of an immersive video experience.
The continuous innovation roadmap of Espials Elevate SaaS cloud platform, further provides us with the ability to stay competitive and increase customer engagement.
The Espial products, which would be merged comprises of G4 STB Client software and UX, Espials Media Service Platform Cloud back-up tool and its G4 HTML5 UX (which includes ActiveVideo applications for legacy set-tops).
Transforming the viewing experience worldwide, Espial today announced a Software License and Distribution Agreement with ARRIS International plc to integrate and resell Espials product portfolio, further extending ARRISs expansive portfolio of IP Video solutions for global service providers.
WHS expands our solution portfolio with a cloud-hosted Video-as-a-Service platform that is complementary to and will leverage Espials current solutions for next-generation IP video services, said Jaison Dolvane, CEO, Espial.
The number of common shares of Espial outstanding as of August 10, 2016 was 37,368,234 and the number of shares in Espials public float as of August 10, 2016 was 32,211,915.