Motive Television, the digital-terrestrial TV technology company backed by former CME CEO Len Fertig and former Chrysalis TV chief Mick Pillsworth, has entered into an agreement to acquire Dunfermline, Scotland-based technology company NXVision from its liquidator for Â£10,000 (12,000) in cash.
NXVision had developed a Âplace-shiftingÂ technology to allow internet connected devices and mobile phones to capture and display programming available on a home set-top box or internet-connected TV. Motive, which holds global distribution rights outside Spain and Italy to Bestv, a platform designed to enable the delivery of on-demand to non-connected DTT set-tops, plans to form a joint venture with NXVisionÂs founders to exploit the latterÂs assets and integrate its technology with the Bestv platform.
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20 April 2018 @ 15:43:36 UTC