Aventura Set to Offer IPTV Services

Aventura, a video surveillance products provider, is set to join the list of companies offering IPTV services on the internet and this came as a result of its recent acquisition of the technology and marketing rights for IPTV solution for broadcasters and content providers from US-based IPWebTV.
IPWebTV is an industry leading designer, developer and manufacturer of streaming media, fixed and mobile solutions for the broadcast, satellite and internet protocol (IP) marketplace and by acquiring such rights Aventura believes that that it stands to attract more benefits from the internet market.
The report of Infonetics Research probably is what prompted Aventura to take such bold step. According to the report, worldwide subscribers are predicted to increase to 53 million by 2009 with service providers investing rapidly on IPTV content and transport equipment. The report also projects $26 billion in capex expenditures for IPTV infrastructure in 2009.
Craig Waltzer, chief executive at Aventura said that "The IPTV broadcast technology acquired by Aventura from IPWebTV is the first strategic purchase towards the company's future direction. Aventura plans to capitalize on its new property by marketing custom infrastructure solutions to internet service providers and content
service providers. Aventura will operate the business under a newly formed wholly-owned subsidiary IPWebTV, a Florida Corporation."