Published on: May 27, 2021
Strengthening the position in software
Amino has announced the acquisition of Danish streaming and Pay TV platform specialist Nordija A/S for a total consideration of €5.3m. A strong fit with Amino’s existing software business in our view – particularly with 24i, the deal brings additional scale, expertise and a blue-chip client base to the Amino platform. We increase forecasts following the announcement, with FY 22E revenue and adjusted EPS increased by 6% and 2% respectively.