ROK Entertainment acquires Jalipo
By Ben Robinson on Friday, May 9th, 2008 at 1:47 PM PST In Financial/Corporate News, Mobile TV
ROK Entertainment has bought online TV provider Jalipo in shares, equivalent to a 16.8mn USD value. ROK are stating that this has been a strategic purchase, and that Jalipo’s product offering will be incorporated in the ROK portfolio.
Jalipo appeared about a year ago with it’s “online marketplace” concept – the idea being that credits are purchased to view selected live and on-demand content.
You can see the synergy here at a high-level, can’t you – let’s see what ROK does with the assets they’ve bought – I wouldn’t be surprised to see a lot of it turning up re-purposed for Mobile in it’s ROK TV offering….
[Via: Broadband TV News]
