Concurrent (NASDAQ:CCUR), a provider of high-performance Linux and storage solutions, said Friday that NOS, a communications and entertainment company in Portugal, has deployed its Aquari software-defined storage solution to enable cloud-based digital video recording services related to their new UMA personalized TV service. UMA features intelligent voice controls, personalized recommendations, consumer-driven video recording of broadcast programs, and cross-device video streaming to televisions and Internet connected devices. The new service pairs Aquari’s scale-out storage capabilities with Concurrent’s Upshift content delivery solution to support high-capacity video recording and streaming. Concurrent’s solution is fully integrated with software developed by NOS to support business management, content management, and visually-rich consumer-facing user interfaces.
The stock decreased 1.80% or $0.1 on September 13, hitting $5.47. About 24,788 shares traded hands. Concurrent Computer Corp (NASDAQ:CCUR) has risen 6.80% since February 8, 2016 and is uptrending. It has underperformed by 9.69% the S&P500.
Concurrent Computer Corporation is a software and solutions firm that develops applications on a foundation of high performance Linux and storage technologies. The company has a market cap of $52.49 million. The Company’s business is composed of two divisions: services and products. It currently has negative earnings. The Company’s content delivery solutions consist of software, hardware and services for streaming video content to various consumer devices and storing and managing content in the network.
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