Add-on Acquisition • Internet Software and Services

Aferian Acquires Booxmedia Oy

On May 20, 2015, Aferian acquired internet software and services company Booxmedia Oy for 8M EUR

Acquisition Context
  • This is Aferian’s 1st transaction in the Internet Software and Services sector.
  • This is Aferian’s largest (disclosed) transaction.
  • This is Aferian’s 1st transaction in Finland.

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M&A Deal Summary

Date May 20, 2015
Target Booxmedia Oy
Sector Internet Software and Services
Buyer(s) Aferian
Deal Type Add-on Acquisition
Deal Value 8M EUR

Target Company

Booxmedia Oy

Helsinki, Finland
Booxmedia Oy the Finnish cloud-TV platform.
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Buyer Overview 1

Buyer

Aferian

Cambridge, United Kingdom

Category Company
Founded 1997
Sector Media
Employees92
Revenue 26M GBP (2024)
DESCRIPTION

Aferian is a provider of media and entertainment technology solutions and IPTV services by working with over 250 operators in 100-plus countries. The company enables operators to meet the challenges they face as broadcast TV and online video moves to an all-IP future with managed over-the-top (OTT) offerings. Aferian is an expert in software, hardware, and cloud implementation that is able to deploy its own leading-edge technologies and integrate these with third-party and ‘upcycled’ legacy systems. At the forefront of the evolution of TV Everywhere, It helps operators to provide the features and functionality modern consumers are looking for in a multiscreen, multi-device entertainment world. Aferian was founded in 1997 and is based in Cambridge, England.


Deal Context for Buyer #
Overall 1 of 3
Sector: Internet Software and Services 1 of 2
Type: Add-on Acquisition 1 of 3
Country: Finland 1 of 1
Year: 2015 1 of 2
Size (of disclosed) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-22 Entone

Cupertino, California, United States

Entone, Inc. is a provider of Cloud TV and Connected Home solutions.

Buy $73M