Neotion Presents New CAM with Built In NFC According to BAC Report21 Sep 2011 • by Natalie Aster
LONDON –Neotion, together with its partner Alcineo, has recently presented a new Conditional Access Module with Near Field Communication technology. This module allows high security wireless data exchange between TV and mobile devices, which means that transactions like monthly subscriptions, various payments, online purchases, identity certification, and more can be effected with no risk of piracy or copyright theft.
2011 marked a milestone of over 100 million people using mobile payment. NFC already allows linkage with PayPal and Google Wallet. Now the technology provides virtual ticket (like train tickets or cinema tickets) or card services in a testing mode. New CAM with built in NFC opens a new era in pay TV market.
Neotion financial performance is improving due to well-thought management and favorable market conditions. French digital market is one of the most active in Europe. Integrated digital televisions have attracted more than 200 thousand households. Neotion increased its revenues by 400% in 2010 (they amounted to EUR 27.5 M), and was able to generate positive net incomes (EUR 1.8 M comparing to EUR -7.4 M in 2009).
Founded in 2000 and headquartered in Cedex (France), Neotion engages in development, manufacture and marketing of technology solutions for digital TV market. The company has a strong R&D team with about 40 people in it. Neotion is present in Europe, Asia and North America, but its main revenue generator is France.
Full description of Neotion business, its strong and weak points, financial performance and future prognosis can be found in the report “NEOTION Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis” recently published by Market Publishers Ltd.
Title: NEOTION Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis
Date: Sep, 2011
An analysis of the overall France Media Industry and the competitive market landscape can be found in the report “France Media Industry Comparative Analysis and Companies Ranking”
More company reports featuring SWOT and financial information, industry and competitors analysis can be found in Company Reports Catalog.
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