Wipro Technologies, the global IT services business of Wipro Limited (NYSE: WIT) has announced that the company has signed a partnership agreement with Philips to offer Blu-ray middleware and solution development services around Philips’ developed Blu-ray technology. Wipro enters the Blu-ray market with sub-licensing rights to offer Blu-ray middleware to its customers.
The entry barrier in this space is high due to the significant dormant period before a company can enter into this market. Through this partnership with Philips, Wipro will be able to reduce the time-to-market for its customer requirements.
“Philips is happy to have this cooperation with Wipro in place” stated Frederic Guillanneuf, Director IP Licensing, Philips Intellectual Property and Standards. “Philips is strongly committed to Blu- ray Disc(BD); the engagement with Wipro, a major supplier of embedded software, will successfully support the further development of the BD market.”
Commenting on this exclusive licensing agreement, Nagamani Murthy, Vice President, Mobile, Automotive and Consumer Electronics Group, Wipro Technologies said, “We are happy to enter the Blu-ray market with technology as developed by Philips, a leader in Blu-ray technology. The Philips middleware stack has established market credibility and it is a significant addition to our portfolio of Digital TV IPs and solutions. With this partnership, Wipro can create hybrid devices – those that integrate Digital TVs, Set Top Boxes and Media players like the Blu-ray for our customers and also provide niche solutions that will help them create a mark of distinction in the market”.
Wipro has been working with leading Consumer Electronics customers, providing product design services in the areas of digital home entertainment products and has developed and deployed several Digital TV compliant solutions across the United States, Europe and Japan.
Wipro with its wide spectrum of competencies in the Consumer Electronics domain has more than 30 licenses for its Digital TV middleware stacks such as ATSC, OpenCable, DVB-T/C/S/CI, MHEG-5 and ISDB-T/S.
Wipro Technologies, a division of Wipro Limited (NYSE:WIT) is the first PCMM Level 5 and SEI CMM Level 5 certified global IT services organization. Wipro Technologies was recently assessed at Level 5 for CMMI V 1.2 across offshore and onsite development centers. Wipro is one of the largest product engineering and support service providers worldwide. Wipro provides comprehensive research and development services, IT solutions and services, including systems integration, information systems outsourcing, package implementation, software application management, and datacenter managed services to corporations globally.
In the Indian market, Wipro is a leader in providing IT solutions and services for the corporate segment in India, offering system integration, network integration, software solutions and IT services.
Wipro also has a profitable presence in niche market segments of consumer products and lighting. In the Asia-Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro’s ADS’ are listed on the New York Stock Exchange, and its equity shares are listed in India on the Stock Exchange – Mumbai, and the National Stock Exchange.