Cambridge-based IPTV box developer Amino Communications has acquired AssetHouse Technologies, the on demand entertainment company that emerged from the BT Colchester trials in the late 1990s, it was founded in 2000 and was previously held by BT and LMS Capital.
The acquisition is designed to help Amino broaden the range of technologies it supplies to IPTV operators.
At the same time Amino has replaced its long standing CEO Bob Giddy with Andrew Burke, who was CEO of BT Entertainment, and himself a former colleague of Giddy at Amino. Burke was previously a non-executive director of the Amino. 61 year old Giddy is retiring as a full time executive, but will remain on the board, and advise the company on strategic sales and manufacturing relationships in China, India and Russia.
“The opportunities here are enormous and are set to change the delivery of rich media to households,” said Burke. “This is not only an opportunity for service providers to sell more IPTV, it’ marks the next step in consumer content delivery and distribution. Together, Amino and AssetHouse will close the loop between the set-top box and the merchandising, taking IPTV to the next stage.”
Burke is also chairman of Crisp Thinking and non-executive director of IT Forum Foundation and board advisor to Asset House.
