Accela Communications (www.accelacommunications.com), a leading marketing technology company providing interactive video communications, has been sold to KIT Digital (NASDAQ: KITD) (www.kit-digital.com), a leading global provider of video asset management solutions for multi-screen IP-based delivery and broadcast systems integration services. Terms of the transaction were not announced.

JEGI CLARITY represented Accela Communications in this transaction and acted as its exclusive financial advisor.