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February 22, 2013 03:42 pm GMT
Back in January 2011, Orange acquired 49 percent of Dailymotion for $78 million (59 million), and declared that they wanted to buy out the remaining 51 percent. But Dailymotion had to wait two years before further talks. By spending $80.6 million (61 million) for the remaining stake, Orange acquired 100 percent of Dailymotion for $168 million (127 million).
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/-Yl_ktB8SqU/
Orange Acquired Dailymotion For $168 Million By Buying Out Remaining 51% Stake
Back in January 2011, Orange acquired 49 percent of Dailymotion for $78 million (59 million), and declared that they wanted to buy out the remaining 51 percent. But Dailymotion had to wait two years before further talks. By spending $80.6 million (61 million) for the remaining stake, Orange acquired 100 percent of Dailymotion for $168 million (127 million).Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/-Yl_ktB8SqU/
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