The proposed $73m acquisition of Entone and associated £21m fundraising represents a significant step for Amino Technologies. Entone, a provider of broadcast hybrid TV and connected home products, broadens Amino’s product set, substantially expands its North American footprint and consolidates a direct competitor. There is obvious execution risk associated with such a large transaction and the acquisition has emptied Amino’s cash reserves but we would argue that the opportun
03 Aug 2015
Interims & acquisition: Transformational deal
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Interims & acquisition: Transformational deal
Aferian plc (AFRN:LON) | 0.8 0 (-3.1%) | Mkt Cap: 0.86m
- Published:
03 Aug 2015 -
Author:
David Johnson -
Pages:
12 -
The proposed $73m acquisition of Entone and associated £21m fundraising represents a significant step for Amino Technologies. Entone, a provider of broadcast hybrid TV and connected home products, broadens Amino’s product set, substantially expands its North American footprint and consolidates a direct competitor. There is obvious execution risk associated with such a large transaction and the acquisition has emptied Amino’s cash reserves but we would argue that the opportun