Wednesday, November 19, 2008

Amino Acquires Tailfin's IPTV Set-top Box Division

Amino Communications agreed to acquire Tilgin AB's IPTV Set-Top Box (STB) division for GBP 2.5 million. Tilgin offers a range of H.264 HD IPTV STBs. In addition, the acquisition will also give Amino immediate access to additional middleware solutions -- such as Ericsson and Nokia Siemens Networks -- as well as extending the Group's customer reach. Amino said expects to enjoy R&D cost synergies delivered through the development and maintenance of common ST Micro based STBs.

Tilgin is based in Kista (north of Stockholm), Sweden. The company has shipped over 500,000 STB to date.


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