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Ideon Media buys Nexopia.com

Toronto-based online advertising company Ideon Media has acquired Nexopia.com, an Edmonton-based social media website aimed at Canadian young adults between the ages of 16 and 24. No financial details are available. The site has 1.2 million registered users and serves approximately 10 million pages per month. "Nexopia is the most widely-known social network built by Canadians for Canadians," said Kevin Bartus, CEO of Ideon Media. "We're excited to be able to take this active community to new heights over the coming years. We're also pleased to say that we are working with the Privacy Commissioner to ensure regulatory compliance."

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