Fair price paid by DST for AOL's ICQ

Uploaded on Apr 28, 2010 / 171 views / 204 impressions / 0 comments

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Digital Sky Technologies Ltd.'s purchase of AOL Inc.'s ICQ
operations for $187.5 million in cash "will turn out to be a fair
price paid for one of the best independent technologies out there,"
says Scott Peters, co-president, The Jordan Edmiston Group Inc.,
which provides independent investment banking services to companies
in the media and information industries "There will be an arms race
in building the perfect platform of communications tools, and we'll
see a lot of consolidation in the tools and capabilities that
surround social networking by some of the largest investors." Watch
the video below or download it on iTunes.-- Mary Kathleen Flynn

Tags

  • Peters
  • M&A
  • DST
  • Sky
  • AOL
  • Scott
  • Edmiston
  • tech
  • Digital
  • Technologies
  • Jordan
  • ICQ