UT Danone buys US cloud video service aiotv44% shares

Source: Internet
Author: User
Keywords Shares cloud videos acquisitions boards shareholders

November 15 News, http://www.aliyun.com/zixun/aggregation/3032.html ">ut announced today, the United States cloud video aggregation and distribution platform Aiotv investment." After the completion of the transaction, UT Kangda will be Aiotv 44% of the shares.

It is understood that Aiotv Inc. is a cloud based video aggregation and distribution platform in the United States, after the completion of the transaction, UT will hold the AIOTV 40% of the shares, become the company's largest single major shareholder, and has the company board seat.

In addition, UT Kangda will also receive AIOTV board seat. The core members of the AIOTV management team do not change and will continue to implement the company's established strategy.

(Responsible editor: The good of the Legacy)

Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.