Tivus, Inc. (TIVU) Continues to Grow through Partnerships
More than many developing companies, the growth of Tivus has been based upon agreements and partnerships with recognized industry leaders, and the past year has been one of the most active in the company’s history. In November of last year, Tivus announced a major supply agreement with European electronics producer Vestel Group, through Vestel’s Master North America Distributor, CVS International Ltd. Vestel Group, through the many companies that comprise the group, is a huge producer and distributor of consumer electronics in Europe. Vestel’s European market share accounts for 25% of the total digital set-top box market, 21% of the total…