Prisa Brand Solutions S.L. acquired 60% stake in LATAM Digital Ventures from Hi-Media S.A. (ENXTPA:ADUX) for €2.5 million on August 3, 2017. Prisa Brand Solutions acquired 60% stake in LATAM Digital Ventures on cash free debt free basis. LATAM Digital Ventures had revenues of €8.5 million in the year 2016. As a part of the deal, Prisa Brand Solutions and Quantum, a subsidiary of AdUX have signed a 2 years agreement under which Prisa Brand Solutions will use Quantum's solutions to generate and monetize native advertising placements in Spain, Latin America and towards Hispanic audience in the USA. Prisa Brand Solutions S.L. completed the acquisition of 60% stake in LATAM Digital Ventures from Hi-Media S.A. (ENXTPA:ADUX) on August 3, 2017.