Media pioneers invest in UXP Systems.
M2 EQUITYBITES-April 10, 2015-Media pioneers invest in UXP Systems
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UXP Systems said that cable and media pioneers John Malone and John Risley have personally invested in the privately held company, to accelerate the growth of the business with telco, cable and satellite service providers.
UXP Systems' MINT platform is powering major operators as they transition to a user-centric, digital world of connectivity and connected life services.
"Focusing on a seamless user experience, where any individual can get access to a personalized set of services through their broadband operator, is an emerging sweet spot for the industry," said Malone.
John Risley is a Canadian entrepreneur and Malone's business partner in the recent merger of Caribbean-based operators Cable & Wireless and Columbus communications.
"UXP Systems saw early on that in transitioning from traditional TV and communications to broadband services with new business models, the focus needed to shift from set-tops and handsets to the users themselves," said Risley. "New age service providers have entire ecosystems that are centered around user IDs, which instantly unlock your personalized services on any screen. We see operators moving in this direction with the added value of broadband connectivity for these ecosystems."
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