The Cambridge firm has paid €7.9 million for the company.
Donald McGarva, Chief Executive Officer of Amino Technologies plc, said: “This important acquisition is closely aligned with our stated strategy and vision of the future of entertainment and the major industry shift towards TV viewing anytime, anyplace, anywhere.” He said Amino would now be able to provide a proven scaleable solution both within the mobile and wider TV marketplace.
Jukka Sintonen, CEO of Booxmedia, added: “The capabilities of Amino and Booxmedia align very closely with the industry shift towards both home and mobile entertainment consumption. We look forward to working with our new colleagues in increasing the scope and reach of our solutions to the global market.”
Founded in Helsinki in 2009, Booxmedia is a Software-as-a-Service (SaaS) cloud TV platform provider. Its core product suite enables operators and service providers to launch “TV everywhere” services using an “off the shelf” cloud platform, removing the need to build their own bespoke technology infrastructure.
Existing customers include Finnish quad play operator DNA Oy, which offers a “TV everywhere” smartphone and tablet service based on the Booxmedia platform.