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  6. VideoVerse Acquires Reely

M&A Deal Summary

VideoVerse Acquires Reely

On April 11, 2023, VideoVerse acquired information technology company Reely

Acquisition Highlights
  • This is VideoVerse’s 1st transaction in the Information Technology sector.
  • This is VideoVerse’s 1st transaction in the United States.
  • This is VideoVerse’s 1st transaction in Florida.

M&A Deal Summary
Date 2023-04-11
Target Reely
Sector Information Technology
Buyer(s) VideoVerse
Deal Type Add-on Acquisition

Target

Reely

Miami, Florida, United States
Reely is an Esports AI-Powered content creation and social media distribution company that leverages proprietary computer vision technology and artificial intelligence to identify, segment, and rate key events (highlights) in live streaming and stored VOD content. The technology makes it possible for sports teams, content creators, and esports organizations to deliver their best plays to social audiences in real-time while creating new workflows for content production, brand marketing, and monetization. Reely is based in Miami, Florida.

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Buyer(S) 1

Buyer

VideoVerse

Los Angeles, California, United States
Category Company
Sector Internet Software and Services
DESCRIPTION

VideoVerse is a video-editing SaaS platform that has found an extremely strong product-market fit in serving enterprises across numerous industries, such as OTT players, broadcasters, sports clubs and leagues, marketing agencies, e-gaming platforms, and more. VideoVerse is based in Los Angeles, California.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1
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