Evolve Media Acquires Content Exchange Engine Crowd Ignite For $1 Million

Digital media company Evolve Media has acquired Crowd Ignite, a content exchange engine that contextually connects audiences of similar interests, the company announced this morning. The price it paid was not disclosed, with TechCrunch has learned that the deal value was low: $1 million in cash, equity and earn-out. Crowd Ignite enables publishers within defined audience verticals to share their content within a closed network, thereby exposing their content to relevant users on other sites and allowing them to acquire new users and grow their audience.

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