MobiTV raises $21M as it pivots into set top box-free IPTV for the living room MobiTV, one of the first companies (est. 1999) to bring TV services to mobile devices, has raised some funding as it moves into a late-stage pivot to bring..

Amino Acquires Booxmedia, The Cloud-TV Platform Founded By Ex-Nokians, For €7.9M Booxmedia, the Finnish cloud-TV platform founded by ex-Nokians, has seen an exit today. The Helsinki-headquartered company has been acquired by Cambridge, U.K.-based and AIM-listed IPTV provider Amino for €7.9 million.The acquisition price inititia Read more ... lly comprises €7.2m in cash and €0.7m in Amino shares, but will be topped up by €2.6m, shared equally between cash and stock, dependent on Booxmedia meeting revenue targets over the next three years.Founded in 2009 but based on an idea and (and some technology) developed at Nokia from 2007, Booxmedia offers a Software-as-a-Service (SaaS) cloud TV platform to let various kinds of TV providers offer their customers an OTT service.Its core product enables operators and service providers -- think quad-play companies, for example -- to launch “TV everywhere” services via Booxmedia's 'off-the-shelf' cloud platform, negating the need for them to build their own bespoke technology and infrastructure. This includes media capture, encoding, transcoding, storage and delivery.Regards the latter, Booxmedia ...