KIT digital announced that it has closed its previously announced acquisition of assets from Hyro Ltd, the Australia-based digital solutions company. Shareholders voted to approve the transaction at Hyro's Annual Meeting on June 15 in Southbank, Victoria, and KIT digital took operational control of the assets on June 22. The acquired Hyro assets generated revenue of approximately AUD$22M in 2011.
Japanese stocks turned negative on Friday and the yen reversed early losses, keeping intact worries that the Nikkei's …