Amino has announced the acquisition of Booxmedia, a Finnish provider of end-to-end CloudTV solutions, combining mobile and home viewing. Although small in group terms, the acquisition is strategically sensible in our view, bringing significant incremental capabilities in the fast-growing mobile TV segment. Following the acquisition we leave forecasts unchanged, but believe the deal significantly enhances the outlook for longer-term growth.

20 May 2015
Booxmedia acquisition: TV Everywhere

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Booxmedia acquisition: TV Everywhere
Aferian plc (AFRN:LON) | 2.2 0 (-4.3%) | Mkt Cap: 2.50m
- Published:
20 May 2015 -
Author:
Blaine Tatum -
Pages:
3 -
Amino has announced the acquisition of Booxmedia, a Finnish provider of end-to-end CloudTV solutions, combining mobile and home viewing. Although small in group terms, the acquisition is strategically sensible in our view, bringing significant incremental capabilities in the fast-growing mobile TV segment. Following the acquisition we leave forecasts unchanged, but believe the deal significantly enhances the outlook for longer-term growth.