Digital advertising network Fork Media, has acquired Delhi based Wi-Fi advertising network, Spid Info Media, for an undisclosed amount. Founded in 2015, Spid Info Media helps clients to reach out to audiences using Wi-Fi networks at airports, cafes, hotels, stadiums, malls and other public spaces. Currently, it exists in over 1,200 locations, including airports and quick service restaurants. The company works with companies such as Starbucks, McDonald’s and KFC, among others. Deals in space: In May this year, Delhi-based Digital Vidya, a digital marketing training company acquired Digital Academy India, an Indian digital marketing education firm. In January, Dentsu Aegis Network India acquired around 75% stake in WATConsult, a full service digital and social media agency.
Source: dealcurry.comFork Media Acquires Spid Info Media
Industry: Media 2015-11-23
