Minerva Networks buys European over-the-top television platform vendor

Minerva announced it has acquired privately
held TVBLOB. TVBLOB develops software products for the delivery of
entertainment services on consumer electronics devices combining legacy
television with Internet media sources.

The company has deployed its software
platform in partnership with consumer equipment manufacturers.

“The know-how acquired over the past
several years makes TVBLOB one of the main actors in the over-the-top
television landscape,” said Mauro Bonomi, chief executive officer of
Minerva Networks.

The combination of Minerva’s service
management platform with TVBLOB’s over-the-top video solutions will result in
the most advanced and scalable platform for the deployment of television
services across multiple networks and devices.

Like Minerva’s xTVFusion, the BLOBbox
platform is based on the Linux operating system and supports open standards.
TVBLOB’s technology will help Minerva’s service provider customers reach more
devices over more networks and expand monetization opportunities.

“The TVBLOB team is very pleased to
join forces with Minerva to address the global Television-over-IP market
opportunity,” said Pancrazio Auteri, TVBLOB’s co-founder and chief
technology officer.

TVBLOB’s employees will be integrated into
a newly formed Minerva Italia subsidiary.

By Telecomlead.com Team

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