вторник, 29 апреля 2008 г.

Cox Endeavours purchases ad web detergent builder Adify for USD 300M


Adify, whose software program helps companionship make their own advertizement networksCox Endeavours for USD 300 000 000, consorting to Silicon Alleyway Insider and others.

The San Leo IX, Caliph. inauguration had got brought up about USD 27 000 000 in total financial support, with angels letting in U.S. Venture PartnersVenrock AssociatesGE Commercial FinanceNBC Universal, and Time Charles Dudley Warner Investings

Adify has made plenty of vertical ad networks and its customer list that admits the Defender, Forbes.com and NBC WeatherPlus, so it appears like a beguiling learning mark for a big culture mediums company like Cox, that haves Cox Papers (with related to sites) and Cox Web, the third-largest cable company in the Joined Provinces.

The cost tag must have got Adify executive directors and investors pretty felicitous. PaidContent reports that the company took in USD 7 000 000 in receipts in 2007, and was set to take in about USD 35 000 000 this twelvemonth. Adify set up in 2006, and was launched by Larry Braitman and Richard Homer A, the squad that likewise made Flycast Communication theory a decennium earliest.

co:adifyco:Cox Enterpsiesinv:GE Commercial Financeinv:NBC Universalinv:Time-Warner-investmentsinv:US-Venture-Partnersinv:Venrock-Associates


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