Kitara Media acquires VC-backed Health Guru Media
Digital media and tech company Kitara Media Corp. has bought Health Guru Media. No financial terms were disclosed, however, according to terms of the deal, Health Guru Media stockholders will receive a total of 18 million shares of Kitara Media stock. Also, Kitara Media CEO Robert Regular will remain in place while Joshua Silberstein, CEO of Health Guru Media, will become president. Based in New York, Health Guru Media operates Healthguru.com, an online video resource site for consumers. Health Guru's backers included Western Technology Investment, Castile Ventures and Village Ventures.
4 December 2013•3 mins read
