Amino Technologies’ streaming subsidiary 24i has announced the acquisition of Danish pay TV platform Nordija.
Nordija’s advanced platform has been deployed by customers including Telenor Sweden, TET (formerly Lattelecom), Vodafone Iceland, T-Mobile Netherlands, Swisscom Broadcast, Waoo, Boingo Wireless, ZAP in sub-Saharan Africa and SETAR in the Caribbean. In total, the customer serves more than 2.5 million end-user devices.
24i CEO Joachim Bergman, said: “Nordija’s solid base of Pay TV clients rightly value its robust and stable platform and the expertise of its staff. Our companies share a common vision of a market that’s swiftly embracing the TV as a Service (TVaaS) model, offloading the day-to-day burden of managing and maintaining their end-to-end technology platform to expert partners like us. 24i is already making this vision a reality for customers like Youfone and Kabelnoord, and will now combine the expertise of the two companies to drive the development of our TVaaS offering, enabling us to rapidly scale it to a wider audience in our key markets.”
Nordija CEO Thomas Christensen, who now becomes 24i’s CTO and Head of TV Platforms, said: “Nordija was founded on the belief that great solutions come from great collaboration. We are excited to get started on our collaboration with the 24i team. Culturally, 24i and Nordija are a great fit and by joining forces we’ll be able to quicken the pace at which our combined platform develops to meet the needs of increasingly demanding video consumers.”
The acquisition follows up a failed attempt from Amino Technologies to buy the assets of MobiTV after the firm filed for chapter 11 bankruptcy. The company was outbid by TiVo, which has agreed to pay US$18.5 million for the company.
The pros and cons of FAST digitaltveurope.com/comment/the-pr…
20 June 2021 @ 13:38:00 UTC