Seznam.cz has acquired a 35% stake in Mautilus, a company based in the Czech city of Brno that develops applications for smart devices.
It will now cooperate with Mautilus in mostly building video technologies and developing INIO.TV, a multiscreen OTT application.
Commenting on the deal, Pavel Zima, CEO of Seznam.cz , said: We have experienced how demanding and costly it is to develop applications for various TV platforms. A tool which can get one application into various smart devices – from TVs to smart watches – is very useful for our future. We have content which we want to make easily accessible on various devices. INIO.TV will make it possible and moreover, being part of Mautilus offers us the possibility to participate in the solution with our technology”.
Discussing other areas of cooperation, Marek Nový, Seznam.cz’s business development manager, added: “Mautilus has the ability to implement new technologies in video services, and that is why we have decided to support Mautilus, and together offer not only unique content, but also first-rate technologies”.