US-based media company ActiveVideo Networks, which is backed by multiple strategic investors, has acquired peer TAG Networks.
US-based media company ActiveVideo Networks, which is backed by multiple strategic investors, has acquired peer TAG Networks.
ActiveVideo has raised nearly $200m from a syndicate that includes strategic investors Adelphia Communications, Liberty Media, Motorola, Shaw Communications and TV Guide and venture capital firm Lauder Partners.
Tag Networks has raised $30m from strategic investor WTI Ventures and private equity firms Apax Partners, Bay Partners and Mitsui Incubase. The two companies have worked together for several years, with TAG Networks…
