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Nexstar Media is buying LKQD Technologies, an independent video advertising infrastructure company, for about $90 million cash. The companies expect the deal to close in late 2017 or early 2018.
Nexstar will integrate LKQD into the Nexstar Digital portfolio. According to the companies, LKQD offers digital video advertising technology infrastructure for publishers and advertisers reaching approximately 115 million U.S. online video viewers across desktop, mobile web, mobile apps and connected TVs. LKQD offers Infrastructure as a Service (IaaS) technology for ad serving, mediation, programmatic...