NEW YORK, NY — (Marketwired) — 09/17/13 — , a global provider of -over-the-top- video monetization software and solutions, launched at to a warm reception. With a colorful demo-friendly booth and IBC-s most buzzed about party attended by hundreds of industry executives, Piksel made its mark on Europe-s premier broadcast industry event."Debuting at IBC was a great opportunity to share who Piksel is and what we can do for our customers. Our booth was laid out in a way that highlighted ea
NEW YORK, NY — (Marketwired) — 09/05/13 — (the "Company"), a global provider of -over-the-top- video monetization software and solutions, announced that it has commenced legal action against Ethos Sports GmbH, which does business under the name "Visual Unity."In November of 2010, KIT digital, Inc., the predecessor company to Piksel, sold the Visual Unity business to Tomas Petru for approximately $13.8 million, comprised of an initial cash payment of $3.0 million and a $1
NEW YORK, NY — (Marketwired) — 08/29/13 — , (formerly known as KIT digital, Inc., the "Company"), a global provider of digital television and media solutions, announced that the period to exercise warrants under the Company-s plan of reorganization is now fully underway and distribution of warrant certificates and election forms for shareholders of KIT digital, Inc. to elect to exercise their warrants is nearing completion.Warrant certificates and election forms have been mailed to
NEW YORK, NY — (Marketwired) — 08/05/13 — KIT digital, Inc. ("KIT" or the "Company"), a global provider of digital television and media solutions, announced today that its Plan of Reorganization (the "Plan") will be confirmed by the U.S. Bankruptcy Court for the Southern District of New York (the "Bankruptcy Court"). KIT digital filed for voluntary bankruptcy protection three months ago to cleanse itself of legacy issues, including financial, legal and
NEW YORK, NY — (Marketwired) — 08/01/13 — (the "Company"), a global provider of digital television and media solutions, announced that it has commenced legal action against utd. by content, formerly known as Content Solutions International N.V.In June 2012, Content Solutions International N.V. acquired KIT digital-s content solutions business for $18.8 million, comprised of an initial cash payment of $1.0 million and a $17.8 million multi-year earn-out payment obligation based on
NEW YORK, NY — (Marketwired) — 07/01/13 — ("KIT"), a global provider of digital television and media solutions, recently signed a memorandum of understanding (the "MOU") to settle a series of federal securities lawsuits filed against KIT and certain of KIT-s current and former officers and directors. The lawsuits concerned conduct that was alleged to have occurred between 2008 and 2011. The MOU is an important milestone as KIT continues to build momentum for a successful
