Amino buys Booxmedia to boost “TV everywhere” offer

Amino buys Booxmedia to boost “TV everywhere” offer

Amino buys Booxmedia to boost “TV everywhere” offer

IPTV company Amino has acquired Booxmedia, the Finland-based cloud TV platform provider, for an initial consideration of €7.9m.

Amino hopes the acquisition will enable the company to offer “TV everywhere” solutions to new market segments in OTT multiscreen TV.

Founded in Helsinki in 2009, Booxmedia is a Software-as-a-Service (SaaS) cloud TV platform provider.  Its core product suite enables operators and service providers to launch “TV everywhere” services using an “off the shelf” cloud platform, removing the need to build their own bespoke technology infrastructure.

The solution encompasses media capture, encoding, transcoding, storage and delivery and provides ready-to-deploy “TV as an app” for iOS, Android and Windows mobile devices as well as any browser enabled devices, including smart TVs, games consoles, set-top boxes and home gateways.

“This important acquisition is closely aligned with our stated strategy and vision of the future of entertainment and the major industry shift towards TV viewing anytime, anyplace, anywhere,” comments Donald McGarva, Chief Executive Officer of Amino Technologies. “Complementary to our current offering, we will now also be able to provide a new, proven and scalable solution to additional markets both within the mobile space and the wider OTT marketplace.”

Tags: ,

We welcome reader discussion and request that you please comment using an authentic name. Comments will appear on the live site as soon as they are approved by the moderator (within 24 hours). Spam, promotional and derogatory comments will not be approved

Post your comment

Facebook, Instagram and Sky case study: Game of Thrones

BT at IBC: 'unlocking the power of fibre IPTV'

IP&TV News tries out 4G Broadcast at the FA Cup Final

Thomas Riedl: “Google TV has evolved into Android TV”

Tesco and blinkbox: what went wrong?

Reed Hastings and 2030: is he right?