Friday, January 9, 2015

Infonetics: Shift to Generic Hardware and Virtualization Pressuring Video Equipment Prices

Global broadcast and streaming video equipment revenue decreased 4 percent to $810 million in the first half of 2014 (1H14), with nearly all product segments down, according to a new report from Infonetics Research. “The cost of encoding and transcoding platforms continues to come down, pressuring video and broadcast equipment revenue as pay-TV providers move to generic hardware platforms and, ultimately, network functions virtualization (NFV)...

Corning Acquires TR Manufacturing for Interconnect Components

Corning completed its previously announced acquisition of TR Manufacturing, which supplies fiber-optic and copper cable/component interconnects and electro-mechanical assemblies to OEMs. TR Manufacturing has its main activities in Fremont, California. “We welcome our talented new colleagues to Corning,” said Clark S. Kinlin, executive vice president, Corning Optical Communications. “Together, we look forward to extending Corning’s position as a...