Technology
LG Electronics takes a majority stake in Alphonso, a data and ad targeting company for smart TVs; sources say LG invested almost $80M for a nearly 60% stake (Sahil Patel/Wall Street Journal)
Sahil Patel / Wall Road Journal:
LG Electronics takes a majority stake in Alphonso, an information and advert focusing on firm for good TVs; sources say LG invested nearly $80M for an almost 60% stake — The deal comes as TV makers search to construct streaming-TV advert companies — LG Electronics Inc. has taken a majority stake in Alphonso Inc. …
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