Amino eyes MobiTV purchase
MAY 11, 2021 12.32 EUROPE/LONDON BY JULIAN CLOVER

Amino Technologies has revealed its one of the companies interested in acquiring the assets of Mobi TV.

The Cambridge-based software firm announced its intentions in a regulatory statement.

Mobi entered voluntary Chapter 11 in the United States in March, saying it would use the proceedings for a period of restructuring.

Its TV-as-a-Service solution allows operators to ugrade their pay-TV offering to consumers while reducing the available bandwidth.

Amino says the acquision would give it TVaaS capability in the United States, but the process would require investment over a 6-12 month period.

An auction process for Mobi’s assets will begin later today (Tuesday) amid multiple bidders.