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FeedRoom Acquired By KIT Digital For Mere $10 Million in Stock; After $61 Million Funding

Oct 5, 2009 1:10 PM

TheFeedRoom, the grandaddy of online video and streaming services companies, has been acquired by international video tech provider KIT Digital, for about $10 million, all in stock. FeedRoom has been around since 1999, and has raised at least $61 million since launching. Also, KIT is announcing another acquisition: German video…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Countries, Europe, Germany, kit digital, thefeedroom

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