KIT digital fortifies APAC presence, targets Social TV trend

KIT digital, a Prague-based specialist in digital video management and delivery, has taken a number of steps to strengthen its position in the booming Asia Pacific market, including relocating its regional headquarters to Singapore, and has also announced a new joint Social TV solution with Dutch-headquartered firm Civolution.

The company has made a number of new appointments to its APAC executive team: Nicole Dixon has been named MD of Asia-Pacific, while Daniel Thunberg has been appointed SVP of Sales and Marketing of Asia-Pacific, and Natasha Roberton has been named VP of Marketing of Asia-Pacific.

New customers wins include: a major telco and a major media and television organisation in South East Asia, which have both opted to provide over-the-top, multi-device video services through the Cosmos platform and Connected Device Framework; its selection by Thai satellite operator Channel 3 to upgrade existing traditional broadcast infrastructure; and a contract to manage and launch Bloomberg’s first broadcast channel in Mongolia.

In separate news, KIT digital has also developed a Social TV solution in partnership with Eindhoven-based Civolution, integrating the latter’s Automatic Content Recognition (ACR) technology ‘SyncNow’ into its Cosmos video management software, which will now deliver second screen interactivity to consumers with non-connected TV sets.

KIT digital recently posted a GAAP net loss of US$ 24.9mn for the first three months of this year, and announced new measures designed to get its finances under control and boost growth – more details here.

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