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Metrological Application Platform is a key component of Horizon TV, Liberty Global's revolutionary media and entertainment platform which has been successfully launched in four of its country operations since September 2012. Liberty Global has launched over 125 apps on the platform to date and continues to grow. Rotterdam-based Metrological has been in partnership with Liberty Global since 2010 and was recognized last year as one of the company's most important suppliers.
As part of the investment transaction, Sander Vonk, Director Liberty Global Ventures, will join the board of Metrological. The other members of the board are Robert Jan Lijdsman, advisor at Allen & Overy, Walter Blom, independent advisor and former Chief Financial Officer of Ziggo and Estro Group, and Erwin van Dommelen, Managing Partner at Merapar.
"Our investment in Metrological is testimony to its cutting edge technology and great contribution to our Horizon TV platform,'' said Balan Nair, Executive Vice President and Chief Technology Officer of Liberty Global. "We believe that Metrological is well positioned to address the growing needs of the telecom industry for flexible solutions such as their app platform.''
"Liberty Global's investment reflects the strength of our innovations in the market and with our customers'', said Albert Dahan, Chief Technology Officer of Metrological. "This enables us to bring our business to the next level.''