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Teleste and Ikusi have signed a collaboration agreement for the Spanish and Latin American markets

Teleste | January 25, 2011 | Press Release

  • The agreement focuses on business solutions for cable and telecom operators
  • Teleste is an international technology group specialising in broadband video and data communication systems and services.

Teleste and the Spanish company Ikusi have reached a collaboration agreement for the Spanish and Latin American markets. This collaboration will bring together the potential of the two companies with over 50 years experience in the electronic equipment market for processing video and audio signals and the development of solutions for telecommunications services.

Teleste will bring to the collaboration its proven offering of next-generation solutions for digital video, IPTV and broadband communication while Ikusi will provide the collaboration with its extensive service capabilities and geographic coverage, both in the Spanish and Latin America markets.
The agreement highlights the strategic importance of the cable and telecommunication operators segment for both of the companies.

Through this collaboration, Ikusi and Teleste will provide an offering which brings together the solutions and services from two of the major European vendors in the telecommunications sector.

Despite their very different geographical origins, the two companies have similar business backgrounds and cultures. Based on this framework of cooperation, new solutions and service models will be developed that increase the value proposition of the Operators for their customers.

ABOUT IKUSI
Ikusi is a multinational provider of integrated solutions in the field of Information Technology and Communication, that is part of the Ormazabal Ikusi Corporation. It offers solutions for information / entertainment management, security, communications and operations intrinsic to sectors such as airports, railways, traffic and tunnels, hospitality, administration, financial services and major infrastructure. It also offers systems and solutions for remote control and for the collection and distribution of TV signals in both the professional market (TV operators) and for residential users.

The Ikusi trademark was founded in 1967, although its origins date back to 1949 when its founder and current President, Angel Iglesias, started his business activity, which would eventually lead to the Ikusi Group. Today it has a team of 1,000 highly qualified professionals, dedicating 4% of its turnover to R + D + i, with an extensive distribution network in major international markets.

Apart from Spain, Ikusi is present in 9 other countries (Australia, Chile, Colombia, France, Germany, Mexico, Portugal, Russia and The United Arab Emirates), noteworthy is its presence in Mexico, where its two subsidiaries, Ikusi Mexico and Micronet, total one third of the Group’s workforce.

The Ikusi Group turnover was EUR 142 million in 2009, of which approximately 47% comes from international markets.
Website:  www.ikusi.com for more information.

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