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Axel Technologies Closes 2.4m Euro Investment for TV development

Categories: Announcements, Mobile TV
By: , IntoMobile
Saturday, January 24th, 2009 at 1:28 PM

Axel Technologies, a global pioneer in multistandard mobile TV, announced today that they have secured a new 2.4 million euro investment for business and product development. Axel Technologies develops mobile TV technology that will enable device manufactures to bring mobile TV to all portable devices. Their multistandard-multiplatform technology will support all the key mobile TV standards.

The investment will be used to accelerate Axel’s global sales and marketing, and to intensify R&D efforts focused on anticipated developments in the mobile TV market. According to RNCOS, mobile TV subscribers are forecasted to reach 250 million by 2010. Juniper Research estimates that over 330 million people will have mobile TV enabled phones by 2013.

Axels’s technology enables an easy-to-use mobile TV interface to be available on other devices beyond mobile phones as mobile TV functionality now easily can be added to mobile internet devices, portable media players, netbooks or car navigators.

The device manufacturers are now looking for a technology that enables them to manufacture global devices rather than customised solutions for each region or market. With a wider range of different devices available worldwide, operators and broadcasters will have the basis on which to create a successful mobile TV business.

Comment: couldn’t agree more – let’s get more interoperable, multi-standard Mobile TV tech out there as soon as possible! Without it, we are only going to get stovepipe solutions!

You can check out Axel Technologies’ website here.

Thanks to Markus for that update!

About The Author

Ben Robinson

Ben is a 10+ year veteran of the Mobile industry – starting his career when SMS was a still a relatively new concept for most people (!), he has now consulted on everything from bleeding-edge Mobile content, to the next-gen accessories you might view it on. As a result he has a broad and deep knowledge in numerous areas of Mobile – from network operators to device vendors, to infrastructure and middleware vendors (not to mention content delivery) – and has worked for companies in all of these areas! He is based in the UK, a hotbed of activity for mobile, and recently became a father for the second time – as oppose to in his younger years when he was happy spend time tweaking all manner of mobile devices to 'nth' degree, he now looks for services and hardware that provide the most efficient, compact, and reliable improvements to his already manic life! It’s his opinion that Mobile solutions should be there to help to make your life better – if a particular solution (be it service or device) isn’t doing this, he believes you need to ask the very important question of why you continue to use it... His focus at IntoMobile is mainly on Mobile content, services, and infrastructure, particularly as regards the UK market – and with the occasional look at devices. Additionally, using his extensive experience in the industry, he will provide commentary on the industry at large, with regular (and hopefully thought-provoking) articles.