May 9, 2011 3:20 PM
Adconion Media Group has secured nearly $34 million (£21 million) in a financing from Silicon Valley Bank. The ad network, which is based in London, will use the proceeds in support both acquisition and and general operations.
Posted In: Advertising, Marketing, Money, M&A & Venture Capital, Venture Capital, Companies, Joost, adconion, silicon valley bank
Nov 24, 2009 8:45 AM
So Joost’s been put out of its misery and its assets have been acquired by Santa Monica, CA-based online ad network Adconion Media Group. Terms of the deal were not disclosed, but likely would have been pennies on the dollar, compared to the money that was invested in the once…
Posted In: Advertising, Money, M&A & Venture Capital, Mergers & Acquisitions, adconion, joost
Nov 27, 2008 2:10 PM
Thursday was a day among days for the UK newspaper industry and its on-going process of cutting staff and restructuring as newsrooms across the land were told the expect more than 160 cuts in total… —Telegraph Media Group (50): Guardian.co.uk reports that Telegraph Media Group is to cut 50 jobs,…
Posted In: Jobs & Layoffs, Media & Publishing, Newspapers, Companies, Telegraph, Trinity Mirror, adconion, layoffs
Nov 20, 2008 12:13 PM
London-based online ad network Adconion has acquired KTV Digital Media, the Los Angeles-based digital video production and distribution firm. Terms of the deal were not disclosed. With this acquisition, Adconion is forming its own content development and syndication arm to be called RedLever...this arm will develop and distribute branded video…
Posted In: Advertising, Money, M&A & Venture Capital, Mergers & Acquisitions, adconion, ktv digital media, redlever
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