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August 12, 2007
JumpTV and Getupdated Do Some M&A
Canadian Internet TV broadcaster JumpTV says it has acquired web only cycling sport broadcaster Cycling TV based in the UK for about $5, reports dmwmedia.com. Just last month the London and Toronto listed company also bought XOS Technologies Inc., for $60.25 million in cash and 3 million retention warrants for employees
Sweden's Getupdated, an Internet marketing and SEO company, is expanding internationally with several acquisitions. It announced last week its purchase of Florida-based eTrafficJams. No disclosure on the size of the deal. Earlier this year, Getupdated acquired French search engine marketer OptiWORDS.
The acquisitive Swedish company is owned by Eastpoint, which is listed on OMX in Sweden.
Read - Internet Marketing Company Getupdated Officially Acquires American EtrafficJams
Posted on August 12, 2007 07:30 PM | Posted to News And Updates | Online services | Permalink
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