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Kit Digital

KIT Digital Shopping Spree Continues, Buys ioko365 For $91.4 Million

Apr 11, 2011 5:48 PM

Online video services provider KIT Digital is paying $91.4 million for 100 percent of the stock in cloud-based content manager ioko365. This is KIT’s fifth acquisition this year and given that’s been on a fairly constant shopping spree for the last two years, it’s probably not the last.

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Posted In: Media & Publishing, TV, IPTV, Money, M&A & Venture Capital, Mergers & Acquisitions, Social Media, Video, Technologies / Formats, Broadband, ioko365, kit digital

KIT Digital Buys Polymedia For $34.4 Million

Mar 16, 2011 4:02 PM

KIT Digital‘s long (and expensive) shopping spree continues: The online video services provider is paying $34.4 million to purchase Polymedia from Italian owner TXT e-solutions. KIT Digital says Polymedia counts major European telecom operators and media firms including Telecom Italia, Sky Germany, and Ericcson among its customers.

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Social Media, Video, Countries, Europe, kit digital, polymedia

KIT Digital Buys Trio Of Firms, Including KickApps And Kewego

Jan 31, 2011 8:00 AM

Online video services provider KIT Digital is continuing to roll-up other firms in its market. The Prague, Czech Republic-based company is paying $77.2 million to purchase three companies, KickApps, Kewego and Kyte, in moves it says will help it become a “one-stop shop” for corporations’ video needs.

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Social Media, Video, Countries, Europe, kewego, kickapps, kit digital, kyte

Kit Digital Acquires Singapore Rival Benchmark Broadcast For $9.5 Million

May 17, 2010 10:05 AM

Online video services provider KIT Digital has acquired Benchmark Broadcast Systems for $9.5 million. This is the Prague, Czech Republic-based company’s second acquisition within the past two months. In March, it bought rival video player Multicast, which was its sixth purchase within the last few years. Kaleil Isaza Tuzman, KIT…

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Posted In: Media & Publishing, TV, IPTV, Money, M&A & Venture Capital, Mergers & Acquisitions, Countries, Asia, benchmark broadcast systems, kit digital

Video Services Consolidation: KIT Digital Buys Multicast for About $18 Million

Mar 15, 2010 7:59 AM

The slow-burn consolidation and shakeout of the online video services space continues. KIT Digital, the online video tools player now based in Prague, Czech Republic (it jumped from NYC to Dubai to now Prague in last 2-3 years), has done another acquisition, its sixth in recent years: it has bought…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, kit digital, multicast

FeedRoom Acquired By KIT Digital For Mere $10 Million in Stock; After $61 Million Funding

Oct 5, 2009 1:10 PM

TheFeedRoom, the grandaddy of online video and streaming services companies, has been acquired by international video tech provider KIT Digital, for about $10 million, all in stock. FeedRoom has been around since 1999, and has raised at least $61 million since launching. Also, KIT is announcing another acquisition: German video…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Countries, Europe, Germany, kit digital, thefeedroom

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