Symmetricom Unloads Video-Quality Measurement Unit To Cheetah

Author:
Updated:
Original:

Symmetricom has sold its video-quality measurement business to Pittsburgh-based Cheetah Technologies for $2.25 million in cash.
Under the terms of the agreement, Cheetah Technologies will acquire the assets related to Symmetricom's Quality of Experience product line and will hire most of the 14 employees on Symmetricom's QoE team. The sale is expected to close by mid-March, subject to closing conditions.
"The sale of QoE allows us to focus on strengthening our core business and extending our time and frequency value proposition into additional markets," Symmetricom president and CEO Dave Côté said in announcing the deal. "We are pleased that the innovative QoE technology will be continued by a company whose core business is in cable video content, and we plan to work closely with Cheetah to support our employees and customers through the transition."
Symmetricom launched the video-monitoring solution, V-Factor, in January 2008. Symmetricom developed V-Factor based on technology from two acquisitions: Paris-based QoSmetrics and Genista, a video-quality measurement firm based in Singapore.
According to Symmetricom, 21 MSOs, telcos and programmers have deployed or are in trials to deploy the Symmetricom QoE platform. Vendors that provide competing solutions include JDSU, IneoQuest Technologies and Mixed Signals.
Privately held Cheetah Technologies provides network management solutions that provide status, performance and quality monitoring. The company is owned by the Pittsburgh-based investment firms The Hawthorne Group and Rosetta Capital.

Related