Sky invests in USD2 million Circle Media Labs

Reimagine Ventures

Sky, a BskyB company said it has invested USD2 million in Circle Media Labs.

Sky disclosed that the amount is for an equity investment in the company, an early-stage technology company specialising in connected devices. This investment will provide Sky with additional insight into developments within the field.

However, Sky said profits attributable to the assets subject to this transaction were USDnil

Leave a Reply

Your email address will not be published. Required fields are marked *