LG Electronics takes a majority stake in Alphonso, a data and ad targeting company for smart TVs; sources say LG invested almost $80M for a nearly 60% stake (Sahil Patel/Wall Street Journal)

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LG Electronics takes a majority stake in Alphonso, a data and ad targeting company for smart TVs; sources say LG invested almost $80M for a nearly 60% stake  —  The deal comes as TV makers seek to build streaming-TV ad businesses  —  LG Electronics Inc. has taken a majority stake in Alphonso Inc. …

 

source http://www.techmeme.com/210108/p2#a210108p2

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