KIT Digital Buys The FeedRoom
KIT Digital Inc. (Nasdaq: KITD) has acquired The FeedRoom, a New York-based provider of online video solutions for media companies. The deal is valued at just under $10 million in stock. The FeedRoom had raised over $65 million in venture capital and debt financing, from firms like BEV Capital, NewSpring Capital and Velocity Equity Partners.
7 October 2009•8 mins read
