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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