Verizon Invests and Organizes around Next-generation Video

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1Q 2014 | IN-1018355

 

Verizon Buys UpLynq, EdgeCast, and OnCue

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Verizon recently acquired the OnCue assets from Intel, which includes a gateway set-top box designed, at least in part, around a virtual cable offering (able to be delivered over an unmanaged network), a layer of software that offers personalization, and some service aggregation components. Intel previously ignored the industry warning signs, and felt that it could be successful where so many others had failed: by persuading content companies to dismantle the existing distribution chain.

This acquisition adds momentum around Verizon’s video portfolio. Verizon's VDMS group spent the majority of 2013 reinventing itself, somewhat outside of the spotlight. Late in the year the acquisition of UpLynq was announced, (a multiscreen platform that was built into WATCH ABC and WATCH Disney), followed by the EdgeCast CDN. Historically, VDMS offered services to other smaller carriers around their TV services.

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