Announced
Completed
Financials
Tags
Acquisition
Netherlands
Online and Social Platforms
online video platform
Private
Completed
Friendly
Majority
Single Bidder
Synopsis
Amino Technologies, a technology provider for modern TV experiences, completed the acquisition of 24i Media, an online video specialist, for €21.4m ($23.8m). "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 line-up, 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," Donald McGarva, Amino Chief Executive Officer.
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