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Amino to Acquire IPTV STB Division from Tilgin
Amino
has signed a sales and purchase agreement for the acquisition of
Tilgin AB's
IPTV 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.
Based in Kista, 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 a cquisition will include picture-in-picture, whole-home connectivity and green-power: all designed to satisfy a growing market demand.
Posted on Nov 20, 2008
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