SANTA MONICA, Calif. -- Global Media Exchange (GMX), a division of Ascent Media, today announced that it has acquired Silicon Valley based inDplay, an online content licensing marketplace, which will accelerate GMX’s speed to market. inDplay’s intellectual property (IP) and company will transition to GMX effective immediately.

The acquisition of inDplay will give GMX valuable IP product information for software modules including digital rights and deal management. GMX will also obtain specific business and market knowledge on the emerging digital content marketplace to integrate into its existing resources and development. Following the acquisition, GMX will service much of inDplay’s existing customer base.

“The acquisition of inDplay will enhance GMX’s launch in early 2009,”said Steve Lyons, Senior Vice President of Business Development for GMX. “By acquiring key IP and learning from their development history we are enabling GMX to take on new business sooner.”

Ascent Media Group LLC