ANT, a company which develops software for the delivery of digital TV, has enjoyed a sharp share price rise after announcing a tie up with Taiwanese outfit Skyviia.
Skyviia will license ANT's Galio platform for two new Android-based HbbTV (Hybrid Broadcast Broadband TV) product lines. Android is the computer devices operating system sponsored by Google.
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Sean Kim, General Manager for Asia & Russian markets at ANT said: "The flexibility of the ANT Galio Platform enables Skyviia to offer its customers a turn-key solution to deliver quick-to-market products.
Shares in ANT were up 6.4% in early trading. Over the last 12 months the stock has fallen 20%.
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