So Joost’s been put out of its misery and its assets have been acquired by Santa Monica, CA-based online ad network Adconion Media Group. Terms of the deal were not disclosed, but likely would have been pennies on the dollar, compared to the money that was invested in the once…

London-based online ad network Adconion has acquired KTV Digital Media, the Los Angeles-based digital video production and distribution firm. Terms of the deal were not disclosed. With this acquisition, Adconion is forming its own content development and syndication arm to be called RedLever...this arm will develop and distribute branded video…

All the ad networks are filling their coffers before the recession spreads to the online advertising industry, or at least that’s the reasoning most of them are giving. Now, Adconion, the UK-based online ad network which is also now expanding into U.S., has raised a big second round of $80…