Espial Group has agreed to buy troubled Cambridge software developer ANT in a deal worth just £5 million (€6.16 million).
Troubled set-top software developer ANT has effectively put itself up for sale after difficulties in bringing long-term projects significantly eroded margins.
ANT has said it expects 2012 revenues to fall short of market expectations after a significant drop in product licences.
ANT, a provider of software and services for the delivery of digital TV, has announced that German set-top box manufacturer Smart electronic has licensed its ANT Galio HbbTV Platform.
Cambridge-based digital TV developer ANT has reported a pre-tax loss of £310,000 for the first half of 2011, a 43% reduction on 2010’s £510,000 (€581,700) figure.
Cambridge-based software and services provider ANT is launching Galio Move, extending the company into the multiscreen sphere.
Cambridge-based digital TV software provider ANT has confirmed that Freesat has licensed its ANT Galio technology for use in future satellite receivers.
New market opportunities from connected TV helped ANT significantly reduce its losses in the first six months of 2010.
TechnoTrend Görler has announced a partnership with ANT, a provider of software and services for digital TV.
The mainstream adoption of web-based TV services helped push Cambridge-based middleware provider ANT into profitability for the second half of 2009.