Media.net acquired for $900M in mega ad-tech deal

{rss:content:encoded} Media.net acquired for $900M in mega ad-tech deal http://ift.tt/2bYgd8K http://ift.tt/2bJ6hg1 August 22, 2016 at 01:50PM  The flow of Chinese capital into foreign ad-tech companies increased this morning with the acquisition of Media.net for $900 million USD. A consortium will be paying cash for the startup with key operation centers in New York City and Dubai. Eventually the company is set to be acquired from the consortium by Miteno Communication Technology, a Chinese tech conglomerate. The transaction is… Read More