XOS Technologies closes sale of Broadband Network business to Jump TV
XOS Technologies has closed the sale of
the assets of its Broadband Network business unit to JumpTV. officially shifting the company’s mission to one focused on coaching technology. The asset purchase agreement between XOS
Technologies and JumpTV originally was announced on July 17, 2007.
“With the closing of this sale, XOS Technologies forges forward with a
strengthened commitment to, and tightened focus on, our original mission
of providing innovative solutions for teams, video personnel, management
and coaches in professional and collegiate sports,” said Rich Ruben, CEO
of XOS Technologies.
Post-closing, XOS Technologies retains its unique brand identity and
continues to operate Coaching Solutions and Facilities Design &
Integration groups out of offices in Billerica, Mass. and Sanford, Fla.