Wyplay announces its third consecutive profitable year, 2013
Creator of software solutions for leading pay-TV operators, Wyplay has announced its third consecutive profitable year with consolidated revenues of €12 million and a 30% turnover increase.
Furthermore, in 2013, Wyplay has created the first independent open-source solution; Frog By Wyplay, based on its Wyplay Modular Solution already deployed to millions of STBs. Wyplay has also opened offices in India, in Latin America and a new facility in Sophia Antipolis, France.
Jacques Bourgninaud, CEO, Wyplay, said, “Our company’s profitability continues and this growth confirms our good technological positioning. 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 Southeast Asia, strengthen its technology differentiators and support Frog By Wyplay – to meet the increasing demand for advanced connected TV software.
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