San Francisco video syndicator Vidible has been purchased by AOL. Terms were not disclosed, but Peter Kafka at re/code puts the price at “around $50 million.”
Unlike other video syndicators, notable AOL’s own 5Min, which split ad revenue between the syndicator and the publisher, Vidible is not a rev sharing scenario, but has created a technology platform, explain Tim Mahlman, president and co-founder of Vidible.
We interviewed Mahlman in March and have republished the video with today’s news.
