KIT Digital Acquires Sezmi for $27,000,000

  • Feed Type
  • Date
    1/6/2012
  • Company Name
    Sezmi
  • Mailing Address
    1301 Shoreway Road Belmont, CA 94002
  • Company Description
    Sezmi provides endless entertainment including local and cable TV, movies, and web videos–plus, a massive on-demand catalog of shows and movies.
  • Website
    http://www.sezmi.com
  • Transaction Type
    M&A
  • Transaction Amount
    $27,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    KIT digital paid consideration of approximately $27 million in a mixture of stock and cash, plus earn-outs.