The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website.
ACQUISITION
FDN Database Reference: A0235-231113
Acquirer: Adconion Media Group
ACQ Web: http://www.adconion.com
Location: USA, Santa monica, CA
Region: North America
Description: Independent global audience and content network
Contact 1: Tyler Moebius, CEO
Vendor: Certain assets from privately-held Joost
Vendor Web: http://www.joost.com/
Location: The Netherlands, Leiden
Region: Europe
Description: Online video service
Contact 1: Janus Friis, co-founder
Aprox. Value: Undisclosed
Details: Adconion Media Group has announced that it has acquired certain assets from privately-held Joost, the online video service. Terms of the transaction were not disclosed, but likely would have been a fraction of the money that was invested in the company.
Link: Press Release
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