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Announced

Completed

CNN completed the acquisition of Canopy.

Synopsis

CNN completed the acquisition of Canopy, a 15-person startup that developed a personalized, privacy-focused content-recommendation engine. Financial terms were not disclosed. CNN said it will use Canopy’s system for the development of “NewsCo,” the code-name for its forthcoming news and information platform stocked with content form CNN and third-party partners. With the addition of Canopy’s team, CNN will have a team of about two dozen focused on the “NewsCo” project.

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