Spanish digital TV and video delivery solutions provider Agile Content has announced the acquisition of Wi-Fi firm Fon Technology.
Agile Content is in the midst of significant growth, and said that the deal complements its strategy of consolidating the video technology space.
Fon’s technology is deployed by Tier 1 operators around the world, and delivers secure, flexible and scalable Wi-Fi solutions.
Agile Content said that adding Fon’s tech would “enhance the way multimedia is consumed via its B2B2C offering.”
The company added that it would integrate Fon’s Wi-Fi tech with its TV service offering to bring ‘scalable and cost-efficient video solutions’ to customers.
Hernán Scapusio, CEO of Agile Content, said: “The agreement with Fon is designed to deliver value to our customers and their end users, as well as drive growth from a business perspective as we further consolidate our position in the European TV market and telco industry.
The collaboration between the three companies – Agile Content, Edgeware and now, Fon – advances our B2B2C service strategy. Together, we’re well-positioned to enhance the experience of multimedia consumption in the home technology space, support leading operators, and serve more than 50 million households worldwide with competitive TV services.”
The acquisition will see Agile Content boost its monetisation unit, with Fon CEO Alex Puregger joining as the group’s new chief monetisation officer. He said: “I am excited to encourage the development of Agile Content’s B2B2C offering and integrate Fon within the larger Agile Content family. It gives Fon an environment to grow and collaborate with the best-of-the-best in order to help operators across the video landscape address customers’ evolving needs.”
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