M&A Deal Summary

Panopto Acquires Elai

On October 23, 2024, Panopto acquired software company Elai

Acquisition Highlights
  • This is Panopto’s 2nd transaction in the Software sector.
  • This is Panopto’s 2nd transaction in the United States.
  • This is Panopto’s 1st transaction in Delaware.

M&A Deal Summary
Date 2024-10-23
Target Elai
Sector Software
Buyer(s) Panopto
Deal Type Add-on Acquisition

Target

Elai

Lewes, Delaware, United States
Elai is a revolutionary AI text-to-video platform that quickly generates engaging video content for learning with on-screen interactive playback, easy-to-use creator studio tools, and advanced avatar-based learning capabilities, including custom avatars and voice cloning options. Elai was founded in 2021 and is based in Lewes, Delaware.

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Buyer(S) 1

Buyer

Panopto

Seattle, Washington, United States
Category Company
Founded 2007
Sector Software
DESCRIPTION

Panopto helps businesses and universities create secure, searchable video libraries of their institutional knowledge. The company has been a pioneer in video capture software, video management, and inside-video-search technology. Panopto was founded in 2007 and is based in Seattle, Washington.

DEAL STATS #
Overall 2 of 2
Sector (Software) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Delaware) 1 of 1
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-21 Ensemble Video

Syracuse, New York, United States

Ensemble Video is a turnkey online video platform that streamlines video capture, video management, and video publishing. Ensemble Video enables hundreds of progressive organizations across the globe to deliver accessible media content any time, over a variety of networks. Ensemble Video was founded in 2007 and is based in Syracuse, New York.

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