Welcome!

@CloudExpo Authors: Pat Romanski, Elizabeth White, Yeshim Deniz, Liz McMillan, Zakia Bouachraoui

News Feed Item

SeaChange Announces Resignation of Peter Feld from the Board of Directors

SeaChange International (Nasdaq: SEAC), a leading global multi-screen video software innovator, today announced that effective January 25, 2013, Mr. Peter Feld has resigned from the SeaChange Board of Directors.

“Upon joining the SeaChange Board of Directors in December of 2010, my goal was to work collaboratively with my fellow directors to significantly improve financial performance, strategically re-position the Company to focus on the core software business, and to create and enhance value for the benefit of all shareholders,” commented Peter Feld. “Since that time we have accomplished a great deal. Under the leadership of Chief Executive Officer Raghu Rau, we have significantly strengthened the management team, exited two non-core businesses, reduced costs, and developed market-leading products for multi-screen video and advanced advertising solutions that are positioned for future success."

“On behalf of our management team and the entire Company, I thank Peter for his valuable service and contributions to SeaChange and its shareholders,” stated Raghu Rau, CEO, SeaChange. “He has been an integral part of our strategic and financial transformation and has helped to put the Company on a path to long-term, profitable growth and value creation.”

Tom Olson, Chairman of the Board of Directors, SeaChange, added “The Board of Directors and I thank Peter for his vital contributions over the past two years. His involvement brought a renewed sense of urgency and focus to delivering improved results and serving the best interests of the Company and its shareholders. We wish Peter well in his future endeavors.”

Mr. Feld’s resignation brings the number of directors serving on the SeaChange board to six. At this time, the Company does not intend to fill the vacancy created as a result of Mr. Feld’s resignation.

About SeaChange International
Ranked among the top 250 software companies in the world, SeaChange International (NASDAQ: SEAC) enables transformative multi-screen video services through an open, cloud-based, intelligent software platform trusted by cable, IPTV and mobile operators globally. Personalized and fully monetized video experiences anytime on any device, in the home and everywhere, are the product of the Company’s superior video platform, advertising and in-home offerings.

SeaChange’s hundreds of customers are many of the world’s most powerful media brands including all major cable operators in the Americas and Europe, and the largest telecom companies in the world. Headquartered in Acton, Massachusetts, SeaChange is TL 9000 certified and has product development, support and sales offices around the world. Visit www.schange.com.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

CloudEXPO Stories
Apps and devices shouldn't stop working when there's limited or no network connectivity. Learn how to bring data stored in a cloud database to the edge of the network (and back again) whenever an Internet connection is available. In his session at 17th Cloud Expo, Ben Perlmutter, a Sales Engineer with IBM Cloudant, demonstrated techniques for replicating cloud databases with devices in order to build offline-first mobile or Internet of Things (IoT) apps that can provide a better, faster user experience, both offline and online. The focus of this talk was on IBM Cloudant, Apache CouchDB, and related open source tools and open standards.
In this presentation, you will learn first hand what works and what doesn't while architecting and deploying OpenStack. Some of the topics will include:- best practices for creating repeatable deployments of OpenStack- multi-site considerations- how to customize OpenStack to integrate with your existing systems and security best practices.
"Peak 10 is a national cloud data center solutions managed services provider, and part of that is disaster recovery. We see a growing trend in the industry where companies are coming to us looking for assistance in their DR strategy," stated Andrew Cole, Director of Solutions Engineering at Peak 10, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
The now mainstream platform changes stemming from the first Internet boom brought many changes but didn’t really change the basic relationship between servers and the applications running on them. In fact, that was sort of the point. In his session at 18th Cloud Expo, Gordon Haff, senior cloud strategy marketing and evangelism manager at Red Hat, will discuss how today’s workloads require a new model and a new platform for development and execution. The platform must handle a wide range of recent developments, including containers and Docker, distributed resource management, and DevOps tool chains and processes. The resulting infrastructure and management framework must be optimized for distributed and scalable applications, take advantage of innovation stemming from a wide variety of open source projects, span hybrid environments, and be adaptable to equally fundamental changes happen...
Charles Araujo is an industry analyst, internationally recognized authority on the Digital Enterprise and author of The Quantum Age of IT: Why Everything You Know About IT is About to Change. As Principal Analyst with Intellyx, he writes, speaks and advises organizations on how to navigate through this time of disruption. He is also the founder of The Institute for Digital Transformation and a sought after keynote speaker. He has been a regular contributor to both InformationWeek and CIO Insight and has been quoted or published in Time, CIO, Computerworld, USA Today and Forbes.