paidContent.org - The Economics of Content

Current Story

Digital Media Tech Firm Entriq Acquires DayPort; Reportedly Around $45 Million

By David Kaplan - Mon 10 Mar 2008 08:01 AM PST

Digital media services and DRM firm Entriq has bought online video services firm DayPort, the companies said. Carlsbad, CA.-based Entriq hopes that DayPort can bring in additional tools for managing digital video across mobile and online platforms. Nine-year-old DayPort, based in Mankota, MN, works with media companies such as Oprah Winfrey’s Harpo Productions, Martha Stewart Omnimedia (NYSE: MSO), BskyB and CBS (NYSE: CBS). Terms of the purchase were not disclosed.

Entriq COO Guy Tennant told us that DayPort will retain its brand, but that its operations will be merged with the main company. Under the terms of the deal, DayPort CEO Cory Factor will join Entriq as CTO, along with several other DayPort executives, who will also take on senior level roles at the merged company. Looking at the rest of this year, Tennant said Entriq will continue looking for possible acquisitions; in particular, the company hopes to complete one or two other purchases this year, probably in the mobile arena.

Update: The price is rumored to be about $45 million, according to Dan.

Disclosure: Entriq has been a sponsor of this site

Posted in: Legal, DRM, VC+M&A, Mergers & Acquisitions

Tags: entriq,

Check our our new Social Media Deals Report, which examines the categories, number and size of VC and M&A deals into social media

Related Research from Alacrastore.com

0 Responses:
  • There are currently no comments for this article.

    Why don't you make one?

Post Your Comment

Mobile Options

» Mobile App
» Mobile/WAP Site

Send a News Tip

About

paidContent.org, flagship of the ContentNext Media network, provides global coverage of the business of digital content.

Rafat Ali
Publisher & Co-Editor

Staci D. Kramer
Co-Editor

David Kaplan
Senior Correspondent

Joseph Weisenthal
Correspondent

Robert Andrews
U.K. Editor

Amanda Natividad
Editorial Producer

EconCeleb Conference - The Economics of Celebrity. July 23 at the Roosevelt Hotel in Hollywood

Featured Report - 2008 Social Media Deals Report

front page of report

The economics of social media continue to heat up, with ever more buzz created in new and growing market categories. This report examines the categories, number and size of investment and acquisitions into social media and the resulting value created from 2007 through 2008. Order your report today to analyze deals made by Yahoo, Disney, Google, AOL, CBS, Hearst, Microsoft and many more.

Learn more or purchase now.

New Media/Interactive Job Listings

Post Job
More Jobs

Generous Supporters