TMCnet - World's Largest Communications and Technology Community


May 14, 2007

IPTV Provider Espial Seeking IPO

By Spencer D. Chin, TMCnet Web Editor

Looking to grow its business in an expanding market, Internet protocol television provider Espial (News - Alert) Group Inc. has filed a preliminary prospectus with securities regulatory authorities in Canada for an initial public offering, according to Canadian online press reports.
This offering will reportedly be underwritten by a syndicate of underwriters led by GMP Securities L.P. and Genuity Capital Markets G.P.
Espial provides open, modular, customizable, and carrier-grade IPTV middleware and applications that are deployed with communications and entertainment service providers globally. The company announced in March that its Evo IPTV middleware had reached 1 million subscribers.
Espial's IPTV (News - Alert) service platform, which can be purchased as separate components or as part of a pre-integrated client-server solution, includes Evo Client, Evo Server, Evo Future-Proof Framework (FPF), Evo SkinTones, and applications such as Electronic Program Guide, Video on Demand, Interactive Content Portal, Games, and Evo Browser.
Despite some growing pains, global IPTV equipment sales topped $1 billion last year, and are expected to continue growing rapidly through 2010, say market analysts.
Spencer Chin is a contributing editor for TMCnet. To see more of his articles, please visit his columnist page.
Don't forget to check out TMCnet’s White Paper Library, which provides a selection of in-depth information on relevant topics affecting the IP Communications industry. The library offers white papers, case studies and other documents which are free to registered users.

Technology Marketing Corporation

35 Nutmeg Drive Suite 340, Trumbull, Connecticut 06611 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments: tmc@tmcnet.com.
Comments about this site: webmaster@tmcnet.com.


© 2019 Technology Marketing Corporation. All rights reserved | Privacy Policy