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Amino to buy Entone for USD 73 million

Amino to buy Entone for USD 73 million

21 July 2015 Market news, News

Global IPTV STB company Amino Technologies has conditionally agreed to acquire Entone for a total of USD 73.0 million, or GBP 46.7 million. Amino said that Entone, a provider of cloud TV and connected home products, will help increase its global footprint and scale and consolidate a direct competitor. Amino expects EBIT synergies of GBP 1.0 million in first full year of ownership.


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