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Brightcom eyes US digital audio space, open to buyouts
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The $350 million company is now open to acquisitions in the digital audio segment, as a series of 10 global acquisitions over the years account for $300 million revenue of the company, chief executive Suresh Reddy told ET.
Brightcom Group is readying to enter the digital audio business and is in the process of floating a dedicated wholly owned subsidiary with headquarters in New York or Miami in the United States, a market that is said to have 204 million active listeners.
The $350 million company is now open to acquisitions in the digital audio segment, as a series of 10 global acquisitions over the years account for $300 million revenue of the company, chief executive Suresh Reddy told ET.
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