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Back in January 2011, Orange acquired 49 percent of Dailymotion for $78 million (€59 million), and declared that they wanted to buy out the remaining 51 percent. But Dailymotion had to wait two years before further talks. By spending $80.6 million (€61 million) for the remaining stake, Orange acquired 100 percent of Dailymotion for $168 million (€127 million).
source: http://feedproxy.google.com/~r/Techcrunch/~3/-Yl_ktB8SqU/
2013-02-22 04:20:12
Source: http://someit.com/2013/02/22/orange-acquired-dailymotion-fo/