Harvard International partners with ANT to deliver technology led STB innovationWednesday, May 25th, 2011
Harvard International plc (LSE AIM:HAR) today announced a partnership with ANT plc (LSE AIM: ANTP), a leading provider of software and services for the delivery of digital TV, to design and develop software for the next generation of set-top box (STB) products. These will provide HD DTR (high definition digital television recorder) functionality and enable the delivery of services that combine digital media with broadband internet access using the ANT Galio Platform.
Following last year’s strategic review, Harvard has been investing heavily in expanding its technical capability in both software and hardware design, and the agreement with ANT further enhances this core development platform.
The partnership will address the growing demand from retailers and consumers, in both the UK and Australia, for branded and own label STBs, which provide access to new HD TV digital services through products which are well designed, easy to use and affordable.
These higher specification, market-leading HD TV products will be launched in the second half of this year.
Harvard Chief Executive, Mike Ashley, commented: “Harvard’s partnership with ANT is a further step forward in our development of industry leading digital STB’s. We are pleased with the progress made so far and excited by the opportunities that we see ahead for this venture, and others to follow”.
ANT Chief Executive, Simon Woodward, commented: “ANT’s unique solution to the TV industry’s demand for merged traditional and Internet TV services positions us at the heart of TV industry growth. We are delighted to be working with Harvard in developing a range of high tech, consumer friendly, products which will help redefine the functionality of the STB.”