Announced
Completed
Financials
Sources
Tags
digital media
Acquisition
Single Bidder
Domestic
Private
United States
Majority
Friendly
Digital Services
media company
Completed
Synopsis
OpenWeb, a social engagement platform, completed the acquisition of Hive Media Group, a digital media company for $60m. "We have known and admired OpenWeb and their leadership team for many years. Our missions are aligned - coming together only makes our efforts to improve digital experiences for publishers and users that much stronger. As we forge a new path together with OpenWeb, we look forward to creating new, powerful tools that empowers publishers," Guy Yeshua, Hive Media Group Co Founder & President.
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