Espial completes ANT acquisition

Canada-based TV software specialist Espial has completed the acquisition of UK-based ANT Software. After initially entering into a co-operation agreement with ANT last November, Espial has purchased all of the outstanding shares of ANT in exchange for all cash consideration of £0.205 per outstanding share. The acquisition values the issued ordinary share capital of ANT […]

Espial to acquire ANT

On-demand TV software specialist Espial is acquiring IPTV technology company ANT. Espial will acquire all outstanding shares in ANT in a deal that values the company at £5 million (€6.1 million). The acquisition is expected to close during the first quarter of 2013. Espial said it hoped the acquisition would lead to increased revenues and […]

ANT offers social media integration

TV software company ANT has added social media functionality to its multiscreen app, ANT Galio Move. Galio Move, which launched last year, now enables viewers to watch TV and interact with social media on the same screen. It also analyses programme metadata to provide links to additional associated online content. ANT Galio Move allows consumers to […]

ANT warns on lower profits

TV software company ANT has warned that revenue and profit for the year are expected to fall short of expectations. In a trading statement, ANT said that despite benefiting from a “significant royalty payment from a customer toll out” would not compensate fully for the fact that “licence bookings are significantly down on the prior […]

GlobalSat licenses ANT HbbTV platform

Chinese satellite and terrestrial reception equipment producer GlobalSat has licensed TV software specialist ANT’s Galio HbbTV platform to develop a range of HbbTV-compliant set-top boxes. GlobalSat’s boxes are currently deployed across Europe, the Middle East, Latin America, North Africa and Australia. Sean Kim, vice-president and general manager for Asia and Russian Markets at ANT said: […]

ANT says revenues for year are ahead of expectations

UK-based IPTV software specialist ANT says its revenues for the financial year will be ahead of expectations thanks to higher than expected royalty receipts in 2011. ANT said that revenues for the year are expected to be about £4.45 million (€5.31 million), up from £4.35 million in 2010, and loss before tax is expected to […]