KIT Digital Acquires Kyte, KickApps and Kewego for $77.2M

January 31, 2011

Prague-based KIT Digital acquired three online/video platform businesses — Kyte (San Francisco), KickApps (New York), and Kewego (Paris) — in January for a combined purchase price of about $77.2 million. The deals expand KIT Digital's multi-screen video asset management, social-media integration and geographic presence; KickApps' CEO Alex Blum was named KIT Digital COO and Kyte's Gannon Hall joined KIT's Prague HQ as EVP of Marketing.

Buyers
KIT Digital
Targets
Kyte, KickApps, Kewego
Industry
Cloud & SaaS
Location
United States
Transaction Type
Buyout

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