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KIT Digital acquires TheFeedRoom for USD10m: Online video distributor KIT Digital has acquired TheFeedRoom for approximately USD9.8m in stock, following its recent acquisition of Nunet. The deal price is less than many observers expected, given that TheFeedRoom has raised a reported USD61m since its launch in 1999. ...; Tags: Acquisition, Online Video, TheFeedRoom, Deal Price, Mergers & Acquisitions, Investment, Finance, Nunet, The FeedRoom, Editorial, Roo Group; Articles 2009-10-05

TheFeedRoom Acquired By KIT Digital For Mere $10 Million in Stock; After $61 Million Funding: TheFeedRoom, the grandaddy of online video and streaming services companies, has been acquired by international video tech provider KIT Digital, for about $10 million, all in stock. FeedRoom has been around since 1999, and has raised at least $61 million since launching. Also, KIT is announcing another acquisition: German...; Tags: Stock, Video, FeedRoom, Corporate Communications, Investment, Marketing, Finance, Money, M&A & Venture Capital, Mergers & Acquisitions, Countries, Europe, Germany, Rafat Ali; External links 2009-10-05