Low Float Stock to Double Next Week, Powering Virgin's New Tablet/Smartphone TV Service!
Concurrent (CCUR) has developed industry leading MediaHawk multi-screen video delivery platform! Virgin Media (VMED) the largest cable TV company in UK just chose CCUR's MediaHawk over the competing products of much larger companies like Cisco (CSCO) and Seachange (SEAC). Arris (ARRS) which is currently in process of acquiring Motorola Home Solutions for $2.35 billion from Google (GOOG) is located very close to CCUR in Atlanta and has been rumored to be interested in acquiring CCUR by spending some of its pocket change. Cost to acquire CCUR at current share price of $7.76 would only be $46.79 million, which is only 0.75x revenue compared to CSCO and SEAC trading with enterprise values of 1.9x revenue, which would value CCUR at $15.60 per share! CCUR holds world's largest VOD market share with each of 50mm homes across four continents. CCUR about to revolutionize industry with upcoming launch of their patented cloud based network DVR technology that will make today's physical DVR devices obsolete!