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Travel & Entertainment M&A image Travel & Entertainment M&A » By The Online Investor Staff, updated Fri., Dec. 6, 12:38 PM Recent mergers and acquisitions in the Travel & Entertainment M&A category.

Slide #69. Mood Media Corporation Technomedia Solutions

Acquirer: Mood Media Corporation (MM.CA)
Acquiree: Technomedia Solutions
Details: Mood Media Corporation announced that it has acquired the assets of Technomedia Solutions and sister company, GoConvergence, for approximately US$23 million in cash plus contingent consideration payable in 2014, which is based on the profitable growth of the operations.

Mood Media is an international in-store media and music retail business with a geographic footprint and a client base including several multinational blue chip organizations. Co.'s two operating segments are (i) the In-Store Media: includes multi-sensory in-store media and marketing solutions to a range of customer-facing businesses in the retail, financial services, hospitality and leisure industries, and sales of music and messaging services; and (ii) the Retail Point-of-purchase segments: include producing and distributing of specialty Music, sold through non-traditional music retailers, and sales of specialty music CD and DVD products through interactive displays.

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Company Name: 
Mood Media Corp (Canada)
Website: 
www.moodmedia.com
Sector: 
Entertainment
 

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