The companies did not reveal financial details
but a source familiar with the transaction valued it at $360
Freewheel's website said its clients range from media companies
such as 21st Century Fox Inc and Viacom Inc to Comcast
competitors like Dish Network Corp and DirecTV.
Freewheel's investors include Steamboat Ventures, Turner
Broadcasting System, DirecTV, Battery Ventures, and Foundation
Comcast recently agreed to acquire Time Warner Cable Inc for
(Reporting by Liana B. Baker in New
York; editing by Jeffrey Benkoe)
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