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Rovi To Acquire Veveo For $62M

By TechTaffy Desk

veveo

Entertainment technology and analytics company Rovi has entered into a definitive agreement to acquire video search company Veveo. Rovi will pay roughly $62 million at the closing, and up to $7 million in additional cash payments based on future milestones. The acquisition is subject to customary closing conditions and is expected to close shortly.

 

 

 

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