i3 micro technology becomes Tilgin
i3 micro technology, a leading global provider of IP residential gateways and set-top boxes to operators and service providers, announces that it is changing its name today to Tilgin. The new name derives from the Swedish word “tillgång”, meaning access. Changing the company’s name is a necessary step on the way towards increased international focus as well as preparation for the company’s listing plans on the Stockholm stock exchange later this year.
Tilgin employs 100 professionals focused on developing and marketing products for next generation Triple Play solutions deployed by broadband operators and service providers around the globe. Through the Mood series of IP set-top boxes and the Vood series of home gateways for Voice over IP and broadband Internet access, Tilgin has established itself as a leader in the area of high-quality solutions for Triple Play services to the residential market.
Tilgin is targeting traditional incumbents and emerging Telcos, primarily in Europe, Middle East and North America. The company’s business is growing rapidly, through the swift deployment of Triple Play technology. Last year’s revenue grew by 400% and sales so far this year have continued on a similar trajectory. According to CEO Jan Werne, shipments are quickly moving from smaller volume field trials to massive large-scale commercial deployments of IP based Triple Play offerings. Part of preparing for continued strong growth, Tilgin also raised 67 MSEK in a private placement in December 2005.
“Our success is based on many different aspects of the solutions we deliver. Leading edge technology with lowest cost of ownership, combined with a cool design, all contribute in making Tilgin the preferred partner for our customers and partners,” says Beth Topolovsky, COO of Tilgin.
Tilgin’s network-oriented customer premises equipment enables operators to provide high-quality revenue generating solutions that are easy to deploy, use and manage. All Tilgin solutions are designed to offer the lowest possible cost of operations. Examples are: designing the equipment to be cost-efficiently auto-provisioned and managed, enabling subscribers to easily and dynamically manage and upgrade their services via self-service portals, providing helpdesk staff with status and statistics reports to help solve issues remotely.
“The past years have been very exciting. When we began our journey, IP based broadband services were limited to Internet surfing. Today, our products are used by service providers around the globe to deliver Communication, Entertainment and Information services that will drive their new IP based business,” says Jan Werne, CEO of Tilgin.