Following its formation of a global and exclusive strategic partnership with VIDAA in October 2021, Tremor has entered into a definitive agreement to make a strategic investment of $25m for a stake in VIDAA, and has expanded the terms of its partnership. The investment will be used to scale VIDAA’s reach beyond the 70m additional smart TVs it was targeting over the next 5 years, on top of its reach of c20m today. At the same time, VIDAA will move to exclusively use Tremor’s platform in key marke ....
21 Jun 2022
Tremor - $25m strategic investment in VIDAA to enhance partnership
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Tremor - $25m strategic investment in VIDAA to enhance partnership
Nexxen International Ltd. (NEXN:LON) | 211 0 0.0% | Mkt Cap: 294.9m
- Published:
21 Jun 2022 -
Author:
Michael Hill | Cavendish Research -
Pages:
8
Following its formation of a global and exclusive strategic partnership with VIDAA in October 2021, Tremor has entered into a definitive agreement to make a strategic investment of $25m for a stake in VIDAA, and has expanded the terms of its partnership. The investment will be used to scale VIDAA’s reach beyond the 70m additional smart TVs it was targeting over the next 5 years, on top of its reach of c20m today. At the same time, VIDAA will move to exclusively use Tremor’s platform in key marke ....