Blinkx Acquires Rhythm NewMedia for $65,000,000

  • Feed Type
  • Date
    12/3/2013
  • Company Name
    Rhythm NewMedia
  • Mailing Address
    800 W. El Camino Real Mountain View, CA 90040
  • Company Description
    Rhythm is a company enabling ad-supported mobile media, end-to-end. Rhythm’s solution is designed to support advertising on mobile video, WAP/HTML, mobile search, and mobile messaging. Rhythm’s technology enables advertising that has broad reach, sharp targeting and precise frequency management.
  • Website
    http://www.rhythmnewmedia.com
  • Transaction Type
    M&A
  • Transaction Amount
    $65,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    $29.5 million of the purchase price will be paid in cash and the remainder in stock.