Dentsu Aegis To Acquire Videobeat Networks

Dentsu Aegis Network has reached an agreement to acquire a 70% share in Videobeat Networks, a media and content agency in Germany.

Founded in 2011, Videobeat focuses on TV and online video campaigns.

According to Dentsu Aegis, it has a particular knack for data-driven video advertising, given its proprietary software to enhance placement, management and analysis of video content cross-platforms and optimized in real time.

The 72-person agency has offices in New York, Berlin, London and Paris; it is based in Hamburg, Germany.

The deal includes an option to buy the remaining 30% stake in the future. The acquisition is subject to German regulatory approval.

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