KIT Digital To Retire The Feedroom And Nunet, Projects 2009 Revenue Of $46M

 Digital video tech provider KIT digital spent about $21 million this year acquiring companies like The Feedroom (which previous investors had put over $60 million into) and Germany's Nunet. The publicly listed company now says it will be "retiring" both brands next week after successful consolidation and integration of their IP and resources, and concentrate all marketing efforts on the KIT digital brand. The company has also shared 2009 expectations and milestones, as well as its strategic objectives for next year.