WYPLAY ANNOUNCES ITS THIRD CONSECUTIVE PROFITABLE YEAR, 2 SUCCESSFUL LAUNCHES AND AN INTERNATIONAL EXPANSION.
For the quarter ending December 2013, Wyplay, creator of software solutions for leading pay-TV operators, announces its third consecutive profitable year with consolidated revenues of €12 million and a 30% turnover increase.
Furthermore, 2013 has been for Wyplay the year of 2 successful launches and an international expansion:
- Wyplay created the first independent open source solution; Frog By Wyplay, based on its Wyplay Modular Solution already deployed to millions of STBs. More than 40 companies have already joined Frog as early adopters.
- Canal+ started in November 2013 the software update of its multi-million deployed connected set-top box. Canal+ is the first Frog By Wyplay operator.
- Wyplay opened offices in India, in Latin America and a new facility in Sophia Antipolis, France.
“Our company’s profitability continues and this growth confirms our good technological positioning” said Wyplay CEO Jacques Bourgninaud. “It reinforces the value of Frog By Wyplay, our open source initiative aiming to free all actors in the TV ecosystem from being locked into proprietary solutions”.
With a solid financial structure and a full time workforce of 180 professionals, Wyplay has the necessary resources in 2014 to expand to south-east Asia, strengthen its technology differentiators and support Frog by Wyplay – to meet the increasing demand for advanced connected TV software.