On May 10, 2012, SeaChange completed the sale of its broadcast server and storage business to the new independent company XOR Media.


XOR Media develops high-performance, open, IT storage, specialized for media applications and private cloud data centers used by broadcasters, content providers, and media companies. Formerly SeaChange Broadcast, XOR Media carries over an installed base of over 300 top-tier customers; 12,000 channels on air; and 11PB of managed data. It operates globally with over 180 employees. XOR Media's product line includes open, cloud-capable, and media-optimized technologies already trusted by hundreds of broadcasters around the world: ingest and playout codecs MediaClient and MediaServer; and the prizewinning, shared grid, and scalable Universal MediaLibrary storage. For more information visit www.xor-media.com.