So much for Sezmi‘s ambitious plans to kill cable TV: the assets of the cloud-based TV delivery platform company were recently acquired by KIT digital for approximately $27 million in a mixture of stock and cash.
Sezmi, founded in 2007 under the name Building B by the former CTO of Sony Music (and later CTO of Sony’s US subsidiary) Phil Wiser and serial entrepreneur Buno Pati, reportedly raised… → Read More
In the midst of a major buying spree, KIT digital has announced another purchase today—Ioko, a software and technology services provider for multi-screen video delivery. KIT Digital, the provider of video asset management software and related services, will pay approximately $74 million in cash and 1,509,805 restricted shares of KIT common stock, with a total deal value of $91.4 million.
Ioko… → Read More
KIT digital, provider of video asset management software and related services, has acquired Italy-based Polymedia for a net consideration of $34.4 million plus performance-based earnouts. Polymedia is the IP video platform-provisioning subsidiary of TXT e-solutions, a company listed on the Italian Stock Exchange.
Thus continues the buying spree of KIT digital. In the past twelve months, it has… → Read More
TechCrunch exclusive – If you’d never heard about KIT digital before, you will after today. The provider of cloud-based video asset management solutions has acquired not one, not two but three social software and video companies.
The company has acquired New York City-based KickApps, Paris-based Kewego, and San Francisco-based Kyte, for aggregate consideration of approximately $77.2 million.
In… → Read More
Online video management software company KIT digital continues its buying spree with the acquisition of Prague, Czech Republic-based Brickbox Digital Media along with its international subsidiaries and affiliates. Brickbox Digital Media is one of Europe’s leading providers of digital video asset management solutions. → Read More
Online video management software company KIT digital has agreed to acquire privately-held Benchmark Broadcast Systems, based in Singapore, for approximately $10 million.
KIT digital’s chairman and CEO, Kaleil Isaza Tuzman, in a statement says they’ve been working on the acquisition for quite some time, and that the deal is testament to the company’s ambition to become leader in video asset… → Read More
Didn’t I just write that the online video publishing market is heating up quickly? Here’s another testament to that notion: KIT digital this morning announced that it has agreed to acquire privately-held competitor Multicast Media for net consideration of approximately $18 million.
The acquisition sum is comprised of $4.9 million in cash and 1.3 million shares of KIT digital common stock, plus… → Read More
Digital video tech provider KIT digital spent about $21 million this year acquiring companies like The Feedroom (which previous investors had put over $60 million into) and Germany’s Nunet. The publicly listed company now says it will be “retiring” both brands next week after successful consolidation and integration of their IP and resources, and concentrate all marketing efforts on the KIT… → Read More
At the beginning of last year, Yahoo made a fairly large acquisition with the purchase of online video distribution and advertising platform provider Maven Networks. Under the terms of the agreement, which we reported as a rumor the same day the papers were signed, the company acquired the startup for approximately $160 million. At the time, the press release touted the acquisition to lead to an… → Read More
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