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HybridBox to establish Slovakian subsidiary

IT firm HybridBox will establish a unit in Slovakia to meet demand on local markets, the company announced on Monday. The unit will be wholly owned by HybridBox.

HybridBox was established in June 2010 to develop, produce and sell the HybridBox media informatics technology primarily in the international market. The company’s flagship product can compress the available free, online videos and other contents, the traditional TV and also the local media consumption in a single device, while normal computer functions can be preserved. (LG)