FT parent Nikkei confirms it has acquired Deal Street Asia


The Nikkei is on a media buying spree after it bought The Next Web (my former employer) earlier this year. The Deal Street Asia move also taps into a new media company that runs tech event but, beyond, I understand Nikkei is considering new subscription bundles that will include DSA content -- DSA already has a paywall. The deal values Deal Street Asia at up to $10 million, and it includes around $3 million in fresh funding as well as a buyout of existing investors.


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