Amino Technologies has announced plans to close its Swedish office as part of ongoing cost savings.
Jim Lomax is returning to Pace after a nine-year absence. He has been appointed SVP sales & marketing following a brief spell at Amino Communications.
Amino Technologies says it expects to turn a small profit in the first half of 2012.
A good momentum in Western Europe and an improved performance in the United States has contributed to both higher revenues and profit for Amino Technologies.
Amino Communications CEO Andrew Burke is to step down from the set-top developer. In a statement the Cambridge-based company said Burke would leave the Company with immediate effect to pursue other opportunities.
Amino Communications has sold and shipped its four millionth set-top box. The device, an M540 PVR IPTV set-top box, will be deployed by Glashart Media, an Amino customer for the past six years.
Amino Communications has named Kevin Lingley in the new role of chief technologist. Lingley has been with the Cambridge-based IPTV/OTT specialist for the past two years and has played a key role, both in the development of the Freedom OTT platform and developing the country’s relationship with Intel.
Amino Technologies has delivered a 36.2% increase in revenues, reporting £24.7 million (€27.98m) for the six months to May 31, 2011.
Amino Technologies has received a further order from Telecom Italia as part of the rollout of the telco’s Cubovision ‘all in one’ multimedia broadband service.
Dutch based Stoneroos has developed the new user interface (UI) for FttH provider Glashart Media. The new TV menu looks much more attractive and has an integrated Electronic Program Guide (EPG) and Personal Video Recorder (PVR) functionality.