KIT digital

  • No Cable Killer After All: KIT digital Buys Assets Of Sezmi For $27 Million

    No Cable Killer After All: KIT digital Buys Assets Of Sezmi For $27 Million

    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… Read More

  • KIT Digital Buys IP Video Management And Delivery Company Ioko For $91.4M In Cash And Stock

    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… Read More

  • KIT digital Buys Polymedia For $34.4 Million, Teases Big Upcoming Acquisition

    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… Read More

  • Exclusive: KIT digital Acquires KickApps, Kewego AND Kyte For $77.2 Million

    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… Read More

  • KIT digital Buys Another Digital Video Company, Brickbox, For $10 Million

    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

  • Eying Asia, Kit digital Acquires BenchMark Broadcast Systems

    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… Read More

  • KIT digital Buys Rival Multicast For Approx. $18 Million

    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… Read More

  • KIT Digital To Retire The Feedroom And Nunet, Projects 2009 Revenue Of $46M

    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… Read More

  • Yahoo Kills Maven: From Acquisition To Deadpool In 17 Months (Updated)

    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… Read More

  • Fliqz Raises Another $6 Million For Turnkey Video Platform Solutions

    White label video host Fliqz is adding more funding to its war chest in a Series C round led by Triangle Peak Partners and joined by Mohr Davidow Ventures, which had already invested $5.5 million into the company in a previous round. The third round brings the total financing for the company to $12.2 million. While the name is virtually impossible to remember, Fliqz has a solid offering… Read More