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Komli Media Acquires Australian Site Rep Firm PostClick For Market Entry

Update: Prashant Mehta on the deal and Komli's Plans post the acquisition of PostClick, here. Komli Media, an Indian online advertising network has announced the acquisition of PostClick, an Australian website representation firm; PostClick is headquartered in Sydney and has offices in Melbourne and Singapore; founded in 2001, it exclusively represents Bloomberg and Hotfrog. Komli CEO Amar Goel says that the acquisition will help Komli expand its presence to Australia and South East Asia. PostClick will operate as a division of Komli Media, and Andrew Lockwood, founder of PostClick, will continue as its Managing Director. The terms of the deal: valuation price, whether it's a stock or cash based deal, Lockwood's lock-in period - have not been disclosed. Komli Media had raised $7 Million in 2008 from Helion Venture Partners, Draper Fisher Jurvetson and Nexus Venture Partners; subsequently, it's sister…

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Founder @ MediaNama. TED Fellow. Asia21 Fellow @ Asia Society. Co-founder SaveTheInternet.in and Internet Freedom Foundation. Advisory board @ CyberBRICS

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