AOL Acquires StudioNow Inc.

Jan 26, 2010

AOL Inc. has announced the acquisition of StudioNow Inc., an online platform for video creation and distribution. The deal will allow AOL to integrate a video platform into its new content management system (CMS), StudioNow will continue its previous business operations.

The deal, valued at $36.5 million in cash and stock, closed Jan. 22. A portion of the cash will be paid out over multiple years.