SSDS and UVSG Form Strategic Partnership

Strategic Insights -

SSDS Inc., a leading provider of enterprise-wide solutions for network computing infrastructures, has entered into a long-term strategic relationship with United Video Satellite Group (UVSG). As part of this partnership, UVSG has made an initial investment in SSDS, with an option to acquire a controlling interest in the company. This relationship positions both companies at the forefront of providing services to the networks that comprise the Information Superhighway.

The partnership will allow SSDS to leverage UVSG's extensive network of satellite communications, serving cable television systems, home satellite dish owners, radio networks, data communication networks, and private businesses nationally and internationally. In return, UVSG will benefit from SSDS' expertise in network computing infrastructures, which will enhance their technology offerings and increase their competitiveness in the market.

Key Takeaways:

  • SSDS and UVSG have formed a long-term strategic partnership, with UVSG investing in SSDS with an option to acquire a controlling interest.
  • The partnership positions both companies at the forefront of providing services to the networks that comprise the Information Superhighway.
  • SSDS brings its expertise in network computing infrastructures, which will enhance UVSG's technology offerings and increase their competitiveness in the market.
  • UVSG companies, such as Prevue Networks, SpaceCom Systems, Superstar Satellite Entertainment, and UVI, will benefit from the partnership.
  • SSDS has enjoyed impressive growth, with revenues increasing by an average of over 50% per year since its establishment in 1986.
  • The company is headquartered in Englewood, CO, with 18 offices nationwide and over 250 employees.

Statistics:

  • SSIDS' average annual revenue growth rate: over 50%
  • Number of SSIDS' offices nationwide: 18
  • Number of SSIDS employees: over 250
  • Number of cable homes served by Prevue Networks: nearly 60 million
  • Number of homes served by UVSG companies: more than 40 million
  • Number of employees at SSIDS' headquarters in Englewood, CO: over 250

Sources:

  • SSDS Inc.
  • United Video Satellite Group (UVSG)