Minerva Networks is the one IPTV middleware operation that’s been making hay this past year or so and it has just announced results that say it has received new service contracts from 45 US regional operators in the past 12 months.
Minerva says this will increase its customer base by over 80%. Minerva’s says that now its software powers 100 IPTV deployments globally and puts much of the growth down to broadband operators that needed either HD, or DVR capability.
‘We’re very proud of the results we achieved in 2006,’ said Mauro Bonomi, CEO of Minerva Networks, ‘Service providers recognize that their success depends on a robust, proven platform that delivers the service reliability and scalability they need. These service providers are now in a position to accelerate their growth when next-generation HD STBs with PVR capabilities become available in the second quarter this year.’
Minerva reckons that over 20 operators swapped out existing IPTV middleware systems to take Minerva’s iTVManager.
Faultline has been touting Minerva as one of the key IPTV players for acquisition, but so far no word has reached us of any impending transaction.