Amino Technologies (AMO ) said its operating company, 24i, has expanded its deployment with Kabelnoord, a leading provider of Pay TV and fiber to the home in the Netherlands.
The software-led global media technology firm that delivers modern TV experiences detailed that the deployment will enable 24i to launch streaming applications for Smart TVs.
Amino said Kablenoord's decision to expand its partnership with 24i for additional services ‘reflects the deep and highly successful deployment of 24i’s end-to-end solution in 2018.’
To date, the partnership has ‘rapidly’ delivered high demand digital services to Kablenoord's customers including live TV, pause, restart and catch up functionality, the company noted.
Kabelnoord said that with the expanded partnership its customers will now be able to watch over-the-top (OTT) internet content on Smart TVs without needing any additional hardware.
Shares in Amino Technologies have increased by nearly 5% in value over the past month. The stock was trading flat at 158p during late morning trading following the announcement.
Commenting on the expanded partnership, Donald McGarva, CEO of Amino Technologies stated: "24i is deeply embedded within Kablenoord's digital offering, providing a truly end-to-end software service that has been highly successful since deployment in 2018.
This additional Smart TV functionality that 24i has enabled Kablenoord to launch in record time and efficient cost is emblematic of the benefits of our software led business model.”
Wybren Lieuwes, System & Network Architect at Kabelnoord, said:"As the market shifts to OTT, we want to ensure that our customers enjoy cutting-edge interactive TV experiences, 24i has been an invaluable partner in our journey. Having previously deployed a multi-vendor solution, we were very aware of the integration and other challenges of that model.
The 24i end-to-end solution has helped us launch modern TV services while benefiting from one point of contact and avoiding the headache of multi-vendor solutions. We are pleased to be continuing our partnership with 24i to add to our OTT offering. When it comes to OTT services, it's important to find the right partner and 24i is definitely the right fit for us."
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