New President for Cloud Service Magine TV

STOCKHOLM: Cloud-based TV service Magine TV has hired former IBM exec Dr. Ambuj Goyal as its president and COO just as the company readies to expand internationally.

Goyal, who has been a member of the Magine TV board since May, worked 32 years with IBM. As the computer company’s general manager of information management and business analytics, Goyal addressed the urgent requirements of international enterprises and governments for efficient ways to store, manage and extract value from information. He also led computer-science research at the IBM Thomas J. Watson Research Center.

Additionally, Kamal Bherwani has been upped from chairman to executive chairman of Magine TV’s board.

“The mission of Magine TV is to become the leading international cloud-based TV service, and our rapid growth in Germany since our April launch has confirmed that users embrace the new opportunities offered by Magine TV to enjoy TV in-sync with their requirements and the realities of their daily lives,” said Mattias Hjelmstedt, the CEO and founder of Magine TV. “Ambuj’s appointment will contribute to the ongoing enhancement of Magine TV for our existing and growing user base, but also accelerate plans for future international rollout and expansion.”

Goyal added: “Magine TV’s cooperative relationship with rights holders and ongoing European successes have proved regular sources of discussion amongst TV industry and technology professionals in the US and other international territories where the service is yet to launch. Such attention reflects the fact that Magine TV is rewriting the rules for how users enjoy the TV that they love. I look forward to playing a role in bringing the benefits and opportunities of Magine TV to new markets in coming months.”