Accedo Broadband Winner of Red Herring 100 Award
Berlin, Germany, April 3 2009 – Red Herring today announced that Accedo Broadband was named a winner of the Red Herring 100 Europe, an award given to the top 100 private technology companies based in the EMEA (Europe, Middle East and Africa) region each year.
Accedo provides the largest available multi-platform portfolio of IPTV content and applications, Accedo Application Portfolio”, containing, for example, IPTV games, quizzes, puzzles, video art, comics, karaoke, lifestyle, niche sports, weather, Web 2.0 and communication services. Accedo’s Funspot® gaming service is the most widely deployed IPTV gaming service in the world reaching more than 4 million households in more than 25 countries.
“We are delighted to receive this recognition of our company.” said Michael Lantz, CEO of Accedo Broadband. “The IPTV and Connected TV industry is still in its early stages and we have structured our company for a rapid and cost-efficient growth over the coming years. With the help of our unique distribution platform for IPTV applications, we can cost-efficiently scale our business globally.”
“During a difficult year, Red Herring still received an impressive list of submissions from companies across the EMEA region, clearly demonstrating Europe’s role as a major center of innovation in the global technology sector,” said Red Herring Managing Director, Farley Duvall. “The exceptional accomplishments of European technology startups and entrepreneurs are a testament to the rapid advancements being made in building the European innovation ecosystem.”
Red Herring’s lists of top private companies are an important part of the publication’s tradition of identifying new and innovative technology companies and entrepreneurs. Companies like Google, eBay, and Skype were spotted in their early days by Red Herring editors, and touted as leaders that would change the way we live and work.
Red Herring’s editorial staff rigorously evaluated several hundred private companies through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy, and dedication to research and development.
Red Herring has honored the Red Herring 100 Europe Finalist companies at its Red Herring Europe 2009 Conference, which was held March 31- April 2, at the Berlin Radisson Hotel. This intimate, 2 1/2 day event will explore how European firms are leading the charge in many technology sectors, gaining a competitive advantage, and driving entrepreneurial success in ways that create business opportunities for challengers and incumbents alike.
ABOUT ACCEDO BROADBAND
Accedo Broadband is a leading provider of interactive content and applications for IPTV and Connected TV. Accedo provides the largest available multi-platform portfolio of IPTV content and applications. Accedo is a privately held company founded by telecom and media entrepreneurs Michael Lantz and Fredrik Andersson primarily backed by Swedish VC Industrifonden. Accedo is headquartered in Stockholm, Sweden with branch offices in London, San Francisco and Hong Kong.
For more information, visit www.accedo.tv.