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Published April 28, 2010 at 2:00 PM
Digital Sky Technologies Ltd.'s purchase of AOL Inc.'s ICQ operations
for $187.5 million in cash "will turn out to be a fair price paid for one of the best independent technologies out there,"
says Scott Peters, co-president, The Jordan Edmiston Group Inc., which provides independent investment banking services
to companies in the media and information industries.
"There will be an arms race in building the perfect platform of communications tools, and we'll see a lot of consolidation in the tools and capabilities that surround social networking by some of the largest investors." Watch the video below or download it on iTunes.--Mary Kathleen Flynn
The Apollo Global Management partner talks LPs and GPs with The Deal Pipeline at the 18th annual Wharton Private Equity & Venture Capital Conference. More video
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