Redbrick Acquires Animoto

August 22, 2023

Redbrick, a Victoria, British Columbia–based portfolio operator of digital companies, has acquired Animoto, the New York–headquartered cloud video-creation platform. The acquisition will keep Animoto’s existing leadership in place and aims to accelerate product development—including generative AI capabilities—and scale the business across small-business and marketing customer segments.

Buyers
Redbrick
Targets
Animoto
Industry
Cloud & SaaS
Location
New York, United States
Transaction Type
Buyout

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