July 22, 2008 12:59 PM PDT
Digital media investment firm hires AOL exec
Velocity Interactive Group, an investment firm that concentrates on the digital media sector, has hired Jorge Espinel as an investment partner for activities in digital publishing, digital video, social media, games, and online advertising.
Espinel most recently led AOL's corporate strategy, mergers, and acquisitions work, where he oversaw acquisition of companies including Tacoda, Third Screen Media, AdTech, Truveo, Userplane, and Advertising.com, Velocity said.
Stephen Shankland writes about a wide range of technology and products, but has a particular focus on browsers and digital photography. He joined CNET News in 1998 and since then also has covered Google, Yahoo, servers, supercomputing, Linux and open-source software, and science. E-mail Stephen, or follow him on Twitter at http://www.twitter.com/stshank.
