San Diego – Veoh Networks, an online video service that
raised $67.5 million in venture capital financing, has sold off its remaining
assets to Los Angeles-based 2Peer Ltd., VentureWire reported.

Financial terms
of the deal were not disclosed.

Founded in 2004, San Diego-based Veoh was
originally launched as a user-generated video site, but later focused on
licensing professionally produced content.

The company laid off all of its
remaining employees in February, when it said it would file for Ch. 7
bankruptcy protections.


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