Panopto Acquires Elai to Add Generative AI Text-to-Video Capabilities
October 23, 2024
Panopto has acquired Elai, an AI text-to-video platform, to add generative video-creation capabilities — including avatar-based learning and voice cloning — to its video learning creation and management platform. Elai, founded in 2021 and based in Lewes, Delaware, serves over 2,000 customers across industries and will expand Panopto's ability to help organizations create personalized, interactive training content more quickly.
- Buyers
- Panopto
- Targets
- Elai
- Industry
- Cloud & SaaS
- Location
- Delaware, United States
- Transaction Type
- Buyout
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