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| VIEW EVENT INFORMATION: AOL |
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AOL Acquires Video Startup Vidible |
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About the organization AOL:
Type: Business
Sub-Types: Website, Search Engine, Internet Service Provider, Online News, Computer, Computer Software, Application Software, Telecommunication Software |
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Notable Organizations: AOL, Techcrunch
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| AOL is confirming that it has acquired Vidible.
Recode broke the news shortly before the official announcement. The financial terms of the deal were not disclosed, but Recode says the price was around $50 million.
Vidible aims to help websites expand their video selection by running content from other publisher — they can either search through what’s available in the Vidible network or just include a tag that will automatically recommend relevant videos. The startup raised a $3.35 million Series A led by Greycroft (with participation from IDG Ventures) about a year ago. |
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