Amino acquires 24i

July 16, 2019
Amino Communications has acquired the privately held Amsterdam-based 24i Media, a provider of online video solutions and services. "The fast-growing 24i is a great strategic ...

Amino Communications has acquired the privately held Amsterdam-based 24i Media, a provider of online video solutions and services.

"The fast-growing 24i is a great strategic acquisition for us, moving us closer to a decisive market leadership position. Not only does 24i's leadership in UI/UX and TV/online video apps complement our product lineup, but 24i also shares our vision of where the industry is headed, and the agility and culture of innovation required to get it there profitably," said Amino CEO Donald McGarva."

24i's technology framework and portfolio of products and services are used by entertainment brands including NPO, iflix, KPN, PureFlix, RTE, NLZIET, Fox Sports, Globo and Sinclair Broadcasting Services. The 24i acquisition is intended to provide the Amino Group with a broader and deeper product set, development capability, complementary skills and a greater geographical reach through offices in Amsterdam, Netherlands; Brno, Czech Republic; Los Angeles; Madrid, Spain; New York; and São Paulo, Brazil.

Martijn van Horssen, 24i's CEO said: "In a rapidly changing industry, Amino and 24i are joining forces to innovate and create disruptive video experiences. With our combined technology stacks and highly professional and motivated teams, our post-acquisition mission remains exactly the same: to provide the solutions and services that innovate video experiences across all TV platforms on any device to enable Amino customers to deliver valuable consumer engagements."

"The broadcast and online video market is undergoing rapid change, but not every media business is at the same place on the disruption curve taking the industry from broadcast and hardware to streaming and cloud-hosted video platforms," said McGarva. "It's our strategic aim to provide solutions to media businesses and operators at many points along the curve. The acquisition of 24i and its products, services and people enable us to do this better, as we continue to enable exciting next generation video experiences and services."        

About the Author

BTR Staff

EDITORIAL
STEPHEN HARDY
Editorial Director and Associate Publisher
[email protected]
MATT VINCENT
Senior Editor
[email protected]
SALES
KRISTINE COLLINS
Business Solutions Manager
(312) 350-0452
[email protected]
JEAN LAUTER
Business Solutions Manager
(516) 695-3899
[email protected]

Sponsored Recommendations

How AI is driving new thinking in the optical industry

Sept. 30, 2024
Join us for an interactive roundtable webinar highlighting the results of an Endeavor Business Media survey to identify how optical technologies can support AI workflows by balancing...

Advances in Fiber & Cable

Oct. 3, 2024
November 7, 2024 1:00 PM ET / 12:00 PM CT / 10:00 AM PT / 6:00 PM GMT Duration: 1 hour Already registered? Click here to log in. A certificate of attendance...

The AI and ML Opportunity

Sept. 30, 2024
Join our AI and ML Opportunity webinar to explore how cutting-edge network infrastructure and innovative technologies can meet the soaring demands of AI memory and bandwidth, ...

On Topic: Optical Players Race to Stay Pace With the AI Revolution

Sept. 18, 2024
The optical industry is moving fast with new approaches to satisfying the ever-growing demand from hyperscalers, which are balancing growing bandwidth demands with power efficiency...