Elysium Internet, Inc (FLIP.OB) Closes the Acquisition of Canada-Based Internet Media and Technology Company Dice Ventures, Inc.
Elysium Internet, Inc., a wholly owned subsidiary of FTS Group, Inc. (FLIP.OB), announced that the company has completed their previously announced acquisition of Dice Ventures, Inc. Dice Ventures, Inc, currently based in Ontario, Canada, is focused on developing leading technology that allows Internet domains to be monetized using efficient technology. Dice's new platform will allow Elysium to increase revenue quickly by targeting specific audiences and further relating ads to individual users. Elysium Internet CEO Scott Gallagher commented "We plan to deploy the new platform over our entire direct navigation domain portfolio of over 2,000 names by February 1st. This acquisition…