Blinkx agrees to buy VC-backed Rhythm NewMedia for $65 mln

San Francisco-based internet media platform Blinkx has inked an agreement to acquire Rhythm NewMedia for $65 million. Headquartered in Mountain View, Calif., Rhythm is a mobile video advertising technology company, focused exclusively on smartphones and tablets. Its backers include QuestMark Partners, Lightspeed Venture Partners, Morgenthaler Ventures and Rembrandt Venture Partners.

4 December 2013•7 mins read
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