Veoh Assets Sold to 2Peer

4/7/10Follow @wroush

The remaining assets of San Diego’s Veoh Network, which shut down in February after years of litigation with Universal Music Group, have been sold to Los Angeles-based social video startup 2Peer, according to a report today in VentureWire. Veoh had raised some $70 million from Boston-based Spark Capital as well as Goldman Sachs, Time Warner, Intel Capital, and former Disney CEO Michael Eisner.

Wade Roush is a contributing editor at Xconomy. Follow @wroush

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