Published on: May 20, 2015
Booxmedia acquisition : TV Everywhere
Amino has announced the acquisition of Booxmedia, a Finnish provider of end-to-end CloudTV solutions, combining mobile and home viewing. Although small in group terms, the acquisition is strategically sensible in our view, bringing significant incremental capabilities in the fast-growing mobile TV segment. Following the acquisition we leave forecasts unchanged, but believe the deal significantly enhances the outlook for longer-term growth.