Entravision announces closing of MediaDonuts acquisition

KUALA LUMPUR, July 7 -- Entravision Communications Corporation (Entravision or the Company) has announced the closing of the previously announced acquisition of MediaDonuts, a leading digital marketing performance and branding company with operations across seven Asia-Pacific region countries.

Founded in 2010 and headquartered in Singapore, MediaDonuts offers extensive digital advertising capabilities in combination with global and local media and technology firms, with MediaDonuts’ digital solution experts serving more than 500 technology and consumer brands in Thailand, Malaysia, Indonesia, India, Vietnam, Singapore and Cambodia.

“MediaDonuts is our second significant strategic digital acquisition in less than a year, following our very successful acquisition of a majority interest in Cisneros Interactive.

“Today’s acquisition of MediaDonuts continues our long-term digital and global transformation strategy that includes the United States, Latin America, Europe and Southeast Asia,” said Entravision Chairman and Chief Executive Officer, Walter Ulloa in a statement.

All MediaDonuts employees are remaining with the company, and Pieter-Jan de Kroon will continue to serve as CEO out of MediaDonuts’ Singapore office.

For more information on the closing of the transaction, review the Company’s most recent 􀂦lings with the Securities and Exchange Commission on Form 8-K.

Entravision is a diversified global media, marketing and technology company serving clients throughout the United States and in 32 countries across Latin America, Europe, and Asia.

-- BERNAMA