UBCI Looking for a run .021 X.025 Charts very attractive. Quiet on the boards but with some volume and some talk could fly IMO! Just acquired I VU Media Corp.!
Ubroadcast acquires iVu Media
87 minutes ago - Datamonitor Financial Deals Tracker
Related Companies
Symbol Last %Chg
UBCI 0.026 30.00%
As of 10:00 AM ET 2/26/10
ubroadcast, Inc., an Internet broadcasting company, has acquired iVu Media Corp., a developer of video content management (VCM) system. Both the companies are based in the US.
Update on February 18, 2010:
ubroadcast has signed a definitive agreement to acquire iVu Media.
Announcement (January 13, 2010):
ubroadcast has signed a letter of intent to acquire iVu Media.
Deal Type Acquisition
Sub-Category Majority Acquisition
Deal Status Completed: 2010-02-25
Deal Participants
Target (Company) iVu Media Corp.
Acquirer (Company) ubroadcast, Inc. (formerly Diamond I, Inc.)
Deal Rationale
The acquisition will complement and strengthen ubroadcast's business.
Fishing for the big one!