This week, Federated Media Publishing scooped up Lijit Networks, which just raised $10 million this past April. The acquisition could be seen as great timing for Lijit, whose revenue has been growing 50% month over month over the last six months. This year, sales are expected to be $12 million, then $20 million in 2012. I caught up with CEO Todd Vernon just before the acquisition. We even touched on the various partners that would be a complementary fit, including Federated.
