Yahoo! and Vestel Group Partner to Deliver Yahoo! Connected TV Across Europe

Published on Friday, 03 September 2010 04:34 Written by TradersHuddle Staff

SUNNYVALE, Calif. & MANISA, Turkey-( Business Wire )-

Yahoo! (NASDAQ:YHOO) and Vestel Group, the largest TV manufacturer in Europe, today announced that consumers across Europe will soon be able to easily access thousands of content sources, movies, TV shows, social networks, videos, and other kinds of Internet content through Yahoo! Connected TV. Vestel and partner OEM brands will ship Yahoo! Connected TV to consumers in more than 40 countries across Europe starting in Q1 2011.

The Vestel Group of companies is a strong, leading player in European and global markets for consumer electronics, white-label goods and digital products accounting for 16% of the LCD TV market and 25% of the digital set-top-box market in Europe. With its proven technology and design and development competencies, Vestel is one of the world’s leading OEM and ODM producers.

“As a leader in the consumer electronics space, Vestel is committed to delivering the highest quality entertainment experiences across devices to our consumers. Yahoo! has a proven track record of enabling a powerful developer community and delivering the best Internet TV experiences to millions of users around the world,” said Turan Erdogan, board member and president of sales, marketing and R&D, Vestel Group. “Through this partnership, we provide customers with a high-quality, easy to use, well-known platform for delivering Internet apps directly to our connected products.”

“Yahoo! is transforming the television experience for millions of consumers around the world. Vestel’s innovative consumer electronics products combined with Yahoo!’s industry-leading Connected TV platform allow consumers to experience the Internet and television together in ways they never have before,” said Rich Riley, senior vice president and managing director, Yahoo! EMEA. “This is the future of television.”

With Yahoo! Connected TV, consumers can launch TV widgets or apps with a click of a button, which will give them direct access to thousands of entertainment sources, movies, TV shows, videos, and other kinds of Internet content on demand. They can stream the latest movies on Coolroom®; get local and global updates from Sky News and BILD News; browse the latest sports scores on BILD mein Klub; listen to music on Putpat; shop on eBay^®; play games on PlayJam; and keep up with their friends on Twitter^® and Facebook^® — all while watching TV.

With new Web-based development interfaces, publishers can easily create widgets with the Yahoo! TV Widget Development Kit (WDK).

About Vestel Group

The Vestel Group is composed of 25 companies operating in manufacturing, technology development, marketing, and distribution fields in the consumer electronics, digital technologies, and household appliances, with € 3.7 billion turnover. Vestel is the largest TV manufacturer in Europe accounting for 16% of the LCD TV, as well as 25% of the digital set-top boxes markets in Europe. www.vestel.com.tr

About Yahoo!

Yahoo! attracts hundreds of millions of users every month through its innovative technology and engaging content and services, making it one of the most visited Internet destinations and a world-class online media company. Yahoo!'s vision is to be the center of people's online lives by delivering personally relevant, meaningful Internet experiences. Yahoo! is headquartered in Sunnyvale, California.

As an Internet-connected TV pioneer, Yahoo! is a trusted partner to leading TV manufacturers around the world including Sony, Samsung, LG TV, Vizio, Vestel, HiSense and others. Consumers can easily interact with high-quality Internet content and services while they watch TV from the comfort of their living room.

For more information, visit pressroom.yahoo.com or the company's blog, Yodel Anecdotal (yodel.yahoo.com).

For additional information about Yahoo! Connected TV, including images, please visit: connectedtv.yahoo.com/newsroom

Yahoo! is the trademark and/or registered trademark of Yahoo! Inc.

All other names are trademarks and/or registered trademarks of their respective owners.

VestelSengul Soytas, 90 (530) This e-mail address is being protected from spambots. You need JavaScript enabled to view it. .trorYahoo! Global CommunicationsCory Pforzheimer, This e-mail address is being protected from spambots. You need JavaScript enabled to view it.