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July 20, 2007
NetNetNet.TV Finalizes 26M Swiss Franc Buyout of Incite Media
NetNetNet.tv has finalized a purchase agreement with Incite Media for 26M Swiss Francs. The acquisition of Incite Media was financed by Festus FD in Liechtenstein.
Incite Media is a Swiss-based company that specializes in Customer Relationship Management and Digital Asset Management across a number of media platforms. Incite Media sells brand advertisers and retailers a media platform from content creation and display, where they are able to take digital assets and create true divergent media. Netnetnet.tv will display these media assets on its screens, on mobile
phones and across the internet putting the advertisements directly where the decision to buy is taken and therefore with less divergence losses.
Says Richard Walker, CEO of Netnetnet.tv: "Incite Media's digital media management and content delivery technology will help our strategy to become the premier out-of-home advertising medium."
Read - announcement
Posted on July 20, 2007 07:10 PM | Posted to | Permalink
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