Akimbo abandons set-top box strategy
Akimbo, the US internet-delivered video-on-demand service, is abandoning its set-top box strategy and repositioning itself as a content aggregation partner for IPTV operators.
"We simply want to be in everyone's box," said Akimbo chief executive Thomas Frank as he confirmed Akimbo was quitting its set-top box deal with RCA.
Frank hinted the company Akimbo might be a partner with Apple and its Apple TV device, which bridges the once-separated worlds of personal computer-based content and the TV.
"I could see Apple as a partner, but meanwhile there are other boxes," added Frank.
Last June Akimbo raised $15.5m in an investment round that saw Cisco and AT&T become backers with venture capital group Blueprint Ventures.
Akimbo, the US internet-delivered video-on-demand service, is abandoning its set-top box strategy and repositioning itself as a content aggregation partner for IPTV operators.
"We simply want to be in everyone's box," said Akimbo chief executive Thomas Frank as he confirmed Akimbo was quitting its set-top box deal with RCA.
Frank hinted the company Akimbo might be a partner with Apple and its Apple TV device, which bridges the once-separated worlds of personal computer-based content and the TV.
"I could see Apple as a partner, but meanwhile there are other boxes," added Frank.
Last June Akimbo raised $15.5m in an investment round that saw Cisco and AT&T become backers with venture capital group Blueprint Ventures.
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