SEATTLE – Canadian telco Telus, along with manufacturer Cisco, have invested US$16 million in Widevine Technologies, a provider of downloadable content protection and digital forensics solutions aimed at IP video operators.
Widevine’s products enable the acquisition of premium broadcast and video-on-demand (VOD) content from all major studios and broadcasters. The company currently has over ninety telco, cable, satellite and internet service operator customers.
"When we looked at the overall market for content protection it became clear that Widevine was by far the most advanced vendor in the space. Widevine provides Telus with maximum flexibility with a proven solution spanning our technical and business requirements for wireline and wireless services," said Mathew George, vice-president, Telus Ventures. "We believe Widevine is the right choice not only for Telus, but for all other telecommunications operators looking to deliver entertainment content — which creates an exciting investment opportunity."
Telus is in the early stages of launching its digital IPTV service, which includes a VOD function.
