Published March 26, 2010 at 2:24 PM
AOL Inc. (NYSE:AOL) chief Tim Armstrong wants his company to become the "Time of the 21st century, and that means more acquisitions," says Ashkan Karbasfrooshan, CEO of online video content producer WatchMojo.com. In The Deal's video interview, Karbasfrooshan predicts AOL will add to its January purchase of StudioNow Inc. for $36.5 million with other online video startups, such as Howcast. It's all part of a wave of M&A deals in online video that he anticipates this year, including potential shopping sprees by Gannett Co. (NYSE:GCI), Google Inc. (NASDAQ:GOOG), Microsoft Corp.
(NASDAQ:MSFT) and Yahoo! Inc. (NASDAQ:YHOO), with Brightcove, Howcast, Livestream and TubeMogul among attractive targets. Watch the video below or download it at iTunes. - Mary Kathleen Flynn
After announcing in July that it was exploring strategic alternatives, TeleCommunication Systems Inc. has agreed to sell to Comtech Telecommunications Corp. in a transaction with an enterprise value of $430.8 million. More video