Amino Acquires Cloud TV Player Booxmedia

Acquisition intended to bolster Amino's TV Everywhere capabilities.

May 20, 2015

1 Min Read

CAMBRIDGE, UK -- Amino, leaders in IPTV, today announces that it has acquired Booxmedia, the Finland-based cloud TV platform provider, enabling the company to offer “TV everywhere” solutions to new market segments in OTT multiscreen TV.

Industry analysts forecast major growth in TV viewing on mobile devices with predictions of a 13-fold increase over the next five years. Looking further ahead, analysts predict mobile video will account for more than 20 per cent of total viewing minutes by 2025.

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.

Amino Technologies plc (London: AMO)

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