ROK has
acquired 100% of the issued and to be issued share capital of Jalipo Ltd for total
consideration of 600,000 ordinary shares.
Jalipo is a UK Registered IPTV company which offers live streaming of TV content over
the internet. Jalipo is the first online marketplace for TV and video, allowing content
owners to use the internet to offer their channels, video-on-demand and live events
direct to viewers around the world.
“This acquisition is of great strategic importance to ROK,” commented Laurence Alexander,
CEO of ROK, “as it furthers our presence in the mobile TV market. There are significant
synergies between Jalipo’s product offering and our own, which we look forward to
incorporating within and, as a result, enhancing, ROK’s delivery portfolio.”
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