Media.net, a key player in the ad-tech industry, announced on August 22, 2016, the closing of an acquisition by a Chinese Consortium with the cash consideration of approximately US$900 million, the seller is Starbuster TMT Investments established by serial internet entrepreneur Divyank Turakhia. This is the third-largest M&A transaction in the history of global ad-tech industry.
Llinks advised this cross-border transaction as the PRC legal counsel of Starbuster TMT Investments.