Showing posts with label hi-media. Show all posts
Showing posts with label hi-media. Show all posts

Wednesday, November 28, 2007

Fotolog’s $90 Million Acquisition by Hi-Media Completed

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.

Cutcaster

Cutcaster
Do you remember your first sale? We do!!!