Video streaming software company 24i and pay TV services provider Amino have both been acquired by Sapphire Technology Group.
The move follows the announcement that Aferian, the previous owner of both companies, has called in administrators.
Both companies will continue operating under their existing brand and leadership structure, with no changes to customer engagement or service delivery.
Sebastian Braun, CEO of 24i, said: “This marks a decisive new chapter for 24i. Our strategy is clear, our platform is proven, and our customer and partner relationships are strong. Backed by stable private ownership, we are doubling down on execution around our 24i Video Cloud to deliver measurable, sustainable revenue growth for our customers. We are building for the long term, with the stability, focus, and operational discipline our customers and partners are accustomed to.”
Mark Carlisle, CEO of Amino, added: “This investment allows us to intensify our focus on product execution, operational efficiency and customer outcomes. With stable private ownership behind us, we are accelerating innovation across our device and platform portfolio while maintaining the continuity our customers expect.”
