Tech Company M&A Transactions
Magisto Acquisition
On 4/15/2019, Magisto was acquired by Vimeo. The companies indicated that total deal value was $200 million.
Transaction Overview
Company Name
Acquired By
Announced On
4/15/2019
Transaction Type
M&A
Amount
$200,000,000
M&A Terms
Israeli publication Globes is reporting that it's a $200 million deal. One source we talked to didn't dispute that figure, but from what we understand the final price won't be settled on until the deal has closed. Vimeo said that will happen by the end of Q2.
Company Information
Company Status
Acquired or Merged
Industry
Digital Media & VR & AR
Mailing Address
261 Madison Ave. 9th Floor
New York, NY 10016
USA
New York, NY 10016
USA
Phone
Undisclosed
Website
Email Address
Overview
Magisto uses revolutionary new technology that understands every aspect of video footage. More than just facial recognition, Magisto knows the difference between people, pets and landscapes and can even infer the "intent" of the filmmaker by analyzing the sounds and images on the video.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Oren Boiman
Chief Marketing Officer
Reid Genauer
Chief Operating Officer
Tal Dagan
Chief Technical Officer
Alex Rav-Acha
VP - R & D
Ori Hasse
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We do our best to report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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