Digital Utilities Ventures Acquires TORQ Communications
Jan 17, 2013 (Close-Up Media via COMTEX) --
Digital Utilities Ventures, Inc, a provider of Internet Protocol video transport systems, announced it has finalized the merger to acquire 100 percent of TORQ Communications.
Garry McHenry, CEO of Digital Utilities, said, "TORQ has network and interconnections with major network providers worldwide and will allow the DUTV distribution of video content to be a powerhouse that is dedicated to surpassing consumers' expectations, both with the innovative content, and new vertical markets for Internet Protocol Television (IPTV). The merger will be a major corporate component that allows a new look and feel of the Vizzage brand."
According to McHenry, the company will focus on merging both new and existing technologies to bring forth innovation in the marketplace that will provide IPTV centered products that will enable a whole new kind of programming to reach audiences everywhere. The end result is Vizzage will demonstrate the powerful ability to be moved by innovative, dynamic programming that challenges the imagination and reinforces the idea that life is an amazing experience.
"Most of all I want to thank our loyal investors and supporters that have waited so long for this merger to be completed. It took much longer than anyone had expected but fortunately we have successfully completed this deal and look forward to moving full speed ahead this year with our IPTV vision and technologies," concluded McHenry.
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