New York - ROO Group, a provider of online video broadcasting and related services, announced on Tuesday that it will acquire Kamera, a Sweden-based provider of technology that lets partners deliver IPTV channels over mobile and online networks.

Roo paid a $300,000 advance for the rights to acquire Kamera outright during a certain term, and also signed a content distribution deal with the company.

Kamera, which provides services to mobile operators including Vodafone, MSN, Orange and China Mobile, projects revenues of $5.6 million in 2008.

New York-based ROO announced the deal a day after detailing plans to consolidate its operations, and move its headquarters from New York to Dubai.

The plan also included Roo's acquisition of the remaining outstanding stake in Sputnik Agency, and the appointment of Sputnik managing director Gavin Campion as president of ROO Group.

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http://www.kamera.com