Amino Technologies PLC has completed the acquisition of Entone Inc. Entone offers broadcast hybrid TV and connected home solutions.
Below are the comments by Donald McGarva, Chief Executive of Amino:
"We are delighted to have completed the acquisition and look forward to integrating Entone into our business. This transformational acquisition broadens our capabilities and market reach globally across IPTV, hybrid broadcast and a range of connected home solutions."
"This deal is closely aligned with our recent acquisition of Booxmedia and is a strong strategic and cultural fit for Amino."
"We anticipate the combined group will generate a number of synergies and expect the acquisition to be significantly earnings accretive in the first full year of ownership. We look forward to the future with confidence and are excited by the long-term potential for a bigger, bolder Amino.”