KIT digital Acquisitons

In 2010 KIT digital acquired the Atlanta-based live event broadcaster Multicast Media Technologies.

KIT digital went on to buy more broadcast and media asset management companies including Benchmark Broadcast Systems, Megahertz Broadcast Systems, Accela Communications and Brickbox Digital Media.  

By October that year, KIT digital was estimated to control 25% of a $500 million market for Internet video-management software.

2011 was a big year for KIT. In January they spent approximately 77.2 million dollars to purchase three social software and video companies, Kewego, KickApps, and Kyte and A few months later KIT spent over 100 million dollars to purchase TXT Polymedia for 34.4 million and IT software services company ioko for approximately $74 million in cash and 1,509,805 restricted shares of KIT common stock, totaling $91.4 million.