Amino to acquire Set-Top Box Division from Tilgin AB

November 20, 2008

Source: Amino

£2.5m acquisition improves Amino's scale and product range

Amino Communications, the world leading IPTV platform supplier, announced today that it has signed a sales and purchase agreement for the acquisition of Tilgin AB's IPTV Set-Top Box (STB) division.

The purchase of Tilgin IPTV, which offers a range of H.264 HD IPTV STBs within its "Mood" product line, will further enhance Amino's award-winning product portfolio and add new software functionality across its entire range.
The acquisition will also give Amino immediate access to additional middleware solutions - such as Ericsson and Nokia Siemens Networks - as well as extending the Group's customer reach. Amino expects to enjoy R&D cost synergies delivered through the development and maintenance of common ST Micro based STBs.

"Tilgin IPTV is the perfect acquisition for Amino, delivering an extended product portfolio with exciting leading-edge features as well as valuable middleware partners and wider customer reach." said Andrew Burke, CEO of Amino. "The market is demanding consolidation coupled with innovation and Amino is ideally placed to deliver this elusive mix as the shape and nature of the IPTV industry evolves."

Based in Kista (north of Stockholm), Sweden, Tilgin IPTV is a leading edge technology player within the European IPTV market with a proven record in delivering large quantities of products and advanced systems having sold and delivered almost 500,000 STBs.

New features stemming from the acquisition will include picture-in-picture, whole-home connectivity and green-power: all designed to satisfy a growing market demand.


Submit a Company

Submit News

Submit a Job

Submit an Event