Vector Capital-backed Mood Media completed the acquisition of PlayNetwork from Octave Group.

Vector Capital-backed Mood Media, an in-store media solutions company, completed the acquisition of PlayNetwork, a global music technology partner and audiovisual systems provider, from Octave Group, a creative audio production company. Financial terms were not disclosed. "PlayNetwork’s customer-focused approach and global, blue-chip clientele is a terrific fit with Mood Media’s existing business, and further enhances our efforts to expand our product offerings and technology solutions. We look forward to integrating the PlayNetwork team into the Mood family - continuing to deliver top-tier consumer connection solutions for our customers," Malcolm McRoberts, Mood Media CEO.