Israeli Digital Media Firm YCD Multimedia Buys C-nario

Law360, New York (October 27, 2011, 6:50 PM EDT) -- Tel Aviv, Israel-based digital media provider YCD Multimedia has acquired digital signage company C-nario, enhancing its multimedia service platform, the company announced Thursday.

Details of the deal were not disclosed, but the acquisition comes on the heels of C-nario's completion of a $6 million financing. A YCD spokesman had no immediate comment.

YCD CEO Noam Levavi said the consolidated company, which will be headquartered in New York under the YCD Multimedia name, will reach more than 2,000 brands in 40 countries.

"By combining YCD’s offering and...
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