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August 22, 2016 11:50 am GMT
The flowof Chinese capital into foreignad-tech companiesincreased this morning with the acquisition of Media.net for $900 million USD. A consortium will be paying cash for the startup with key operation centers in New York City and Dubai. Eventually the company is set to be acquired from the consortium byMiteno Communication Technology, a Chinese tech conglomerate.The transaction is… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/NOs7L8vtPOY/
Media.net acquired for $900M in mega ad-tech deal
The flowof Chinese capital into foreignad-tech companiesincreased this morning with the acquisition of Media.net for $900 million USD. A consortium will be paying cash for the startup with key operation centers in New York City and Dubai. Eventually the company is set to be acquired from the consortium byMiteno Communication Technology, a Chinese tech conglomerate.The transaction is… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/NOs7L8vtPOY/
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