Hi-Media, operator of one of Europe’s largest ad networks and micro-payment services, completed its acquisition today of Fotolog. It only took a few months and a few large legal bills I bet. The French Internet company had previously announced the deal last August but it is completed as of now.
Fotolog CEO John Borthwick is moving on to his incubator/investment fund Betaworks.
Wednesday, November 28, 2007
Fotolog’s $90 Million Acquisition by Hi-Media Completed
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