Nexstar acquired Internet Broadcasting Systems for $20 million. ...

Nexstar acquired Internet Broadcasting Systems for $20 million. The IB suite includes fully scalable digital solutions and a software-as-a-service-based digital publishing platform, Nexstar said in a news release Thursday (http://bit.ly/1ihQIZH). The planned acquisition is expected to be complete this month and broadens Nexstar’s digital media portfolio with technologies that are complementary to the companies’ clients’ existing digital businesses and multi-screen strategies, it said.