HandHeld Entertainment Acquires eBaum’s World

HandHeld Entertainment Inc. has completed its acquisition of online entertainment site eBaum’s World and changed its name to ZVUE Corp. (ZVUE), the company announced Thursday.

The acquisition was made for $17.5 million in cash and stock plus additional potential payouts of up to $32.5 million,

The San Francisco-based company also completed a $28.1 million financing round.

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