Published on: July 30, 2019
Further moves into software
Amino has announced the signing of a collaboration agreement with mobitv, a US-based streaming TV and video platform, for Amino to deliver mobitv’s MOBITV CONNECT IPTV service on upcycled legacy devices. We believe the agreement delivers a strong addition to the Amino ecosystem and mobitv is an attractive partner. We make no changes to estimates following the announcement. Following the recent 24i acquisition, the mobitv agreement demonstrates further momentum in Amino’s move towards a more software-centric business model in our view. It should also enhance the group’s competitive positioning in legacy-device upcycling.
