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Amino eyes MobiTV purchase

May 11, 2021 12.32 Europe/London By Julian Clover

Amino Technologies has revealed its one of the companies interested in acquiring the assets of Mobi TV.

The Cambridge-based software firm announced its intentions in a regulatory statement.

Mobi entered voluntary Chapter 11 in the United States in March, saying it would use the proceedings for a period of restructuring.

Its TV-as-a-Service solution allows operators to ugrade their pay-TV offering to consumers while reducing the available bandwidth.

Amino says the acquision would give it TVaaS capability in the United States, but the process would require investment over a 6-12 month period.

An auction process for Mobi’s assets will begin later today (Tuesday) amid multiple bidders.

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Filed Under: Editor's Choice, Newsline Edited: 12 May 2021 13:09

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About Julian Clover

Julian Clover is a Media and Technology journalist based in Cambridge, UK. He works in online and printed media. Julian is also a voice on local radio. You can talk to Julian on X @julianclover, or by email at jclover@broadbandtvnews.com.

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