KIT Digital switches HQ to New York
July 19, 2012
By Chris Forrester
Video technology company KIT Digital is relocating its HQ to New York. It added that it will de-list its shares from the Prague stock exchange and move to New York, where it would continue to list its stock on the NASDAQ exchange. KIT’s board of directors have approved the plan.
KIT’s technology is used by some major players, not least Google, HP, Disney-ABC, MTV and the BBC.
It announced in June that it was in talks with several parties which have expressed an interest in buying the company.
Other posts by :
- Major banks support AST SpaceMobile
- Fitch downgrades DirecTV debt
- Some new US Starlink subs face $1,000 start-up fee
- Project Kuiper beating OneWeb
- OQ Tech gets Luxembourg 5G-by-Sat concession
- Roskosmos: Heads roll, launch project scrapped
- MDA under pressure over satellite order
- SES backs C-band action from FCC
