MUMBAI: 24i Media (24i), a global TV app developer, announced the acquisition of Mautilus, the Czech TV app agency. Mautilus develops TV apps for multiple platforms, including smart TVs, mobile, HbbTV, as well as for games consoles, set-top boxes.
Along with increasing the production capacity with Mautilus’ engineers, the acquisition strengthens 24i’s technology framework with new products and features. The move will push 24i one step forward to deliver scalable video streaming application technology.
“Mautilus shares our vision and recognises the importance of delivering flawless and immersive experiences for our clients and their end-users. Its solutions strongly complement the broader 24i portfolio and allows us to continue building a global internet TV app powerhouse with the best talent in the industry,” said 24i CEO said.
“We are excited to be adding a tremendously talented team to contribute to our competitive edge. Sharing our values, our culture and our ongoing commitment to bringing state-of-the-art solutions to the new TV industry will allow 24i to bring even more powerful solutions to market. As one company, we will provide customers with truly innovative solutions enabled by cutting-edge technologies,” he added.
Mautilus is 24i’s second acquisition in 2018; the company acquired multiscreen video platform provider Vigour in March. Having experienced rapid growth in 2018, as well as announcing the launch of the Tennis Channel app for Sinclair Broadcasting Group last month, 24i will continue to expand its market position in the coming months.
“The combination will allow us to provide the best solutions to our customers and will be a great home for our technology and team. With our unique blend of multi-platform experience, specific HbbTV expertise and knowledge of addressable TV, we can strengthen and accelerate 24i’s ambition of becoming the most recognised technology provider for developing cutting-edge video applications across all devices. Petr Mazanec, Ivan Bradac and myself, as founders of Mautilus, are really proud to marry our team into the 24i family,” Mautilus CEO Rehor Vykoupil said.
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