After all the time fighting for survival, Joost today breathed its last. Well that isn’t all, the leftovers, which include the privately held assets of Joost have been acquired by Adconion Media Group. Adconion is the largest global audience and content network and it has taken care of not letting out the terms and conditions of the deal. All is done for now, at least there will be no more news coming in from Joost, unless of course it decides to rise from the dead again. In the words of its co-founder, Janus Friis:

Over the past few months we have been actively exploring strategic options for Joost, and have concluded that the sale of certain of its assets to Adconion is in the best interests of Joost. Adconion has a strong technological platform and a compelling business model, and we believe that both businesses will benefit as a result of this acquisition.

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