U.K. vendor Amino Technologies is acquiring fellow Brit firm Assethouse Technologies, the on-demand content management and delivery company that sprang forth from BT's Colchester video-on-demand trial during the late 1990s. The company had been owned by BT and LMS Capital, and Amino will pay just over $2.7 million in cash for it.
But, here's the kicker: Amino also is hiring Andrew Burke, the former BT executive behind the telco's BT Vision IPTV service, as its new CEO. Burke was CEO of BT Entertainment from 2004 to 2006, and actually left the company before BT launched the IPTV service whose development he led. At the time, it was believed Burke and others at BT were in a spat over the future role BT would play in the TV business.
The acquisition by set-top box company Amino of an on-demand content engine could help Amino help service providers make sense of the dizzying array of video content now available.
- see this report at IPTV News