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Amino completes Entone acquisition

August 12, 2015 10.22 Europe/London By Robert Briel

animo-headquartersCambridge-based Amino Technologies has completed the acquisition of Entone.

“We are delighted to have completed the acquisition and look forward to integrating Entone into our business,” commented Donald McGarva, CEO of Amino.

“This transformational acquisition broadens our capabilities and market reach globally across IPTV, hybrid broadcast and a range of connected home solutions.

“This deal is closely aligned with our recent acquisition of Booxmedia and is a strong strategic and cultural fit for Amino.

We anticipate the combined group will generate a number of synergies and expect the acquisition to be significantly earnings accretive in the first full year of ownership. We look forward to the future with confidence and are excited by the long-term potential for a bigger, bolder Amino.”

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Related

Filed Under: Finance, Newsline Tagged With: Animo, Entone, UK Edited: 12 August 2015 12:07

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About Robert Briel

Arnhem-based Robert covers the Benelux, France, Germany, Austria and Switzerland as well as IPTV, web TV, connected TV and OTT. Email Robert at rbriel@broadbandtvnews.com.

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