Verbit Acquires VITAC
May 11, 2021
Verbit has acquired VITAC, the largest provider of captioning products and solutions in North America, creating the world's largest AI-powered transcription and captioning platform. The combination expands Verbit's capabilities and market reach across media, education, legal, government, and corporate sectors and brings together VITAC’s decades of captioning expertise with Verbit’s AI-driven transcription technology.
- Buyers
- Verbit
- Targets
- VITAC
- Sellers
- The Gores Group
- Industry
- Media & Entertainment
- Location
- Colorado, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Verbit Acquires U.S. Captioning Company
May 12, 2022
Media & Entertainment
Verbit has acquired U.S. Captioning Company, a leading U.S. provider of closed captioning and real-time captioning services for national TV networks, producers and programmers, to expand its media vertical. The deal adds U.S. Captioning’s multi-language post-production and real-time captioning capabilities and its nationwide workforce of captioners to Verbit’s transcription and captioning platform, strengthening Verbit’s reach in media and broadcast accessibility.
-
Verbit Acquires Take 1
July 28, 2022
Media & Entertainment
Verbit, a New York–based provider of AI-powered transcription and captioning, has acquired UK-based Take 1, a specialist in transcription, captioning, localization and audio description for media and entertainment. The deal expands Verbit’s post-production transcription and localization capacity for media customers and strengthens its presence in the UK and broader European market.
-
Veritone Acquires VocaliD
June 16, 2022
AI & Machine Learning
Veritone, Inc. acquired VocaliD, Inc., a U.S.-based pioneer in personalized synthetic voices, to expand and enhance its Veritone Voice capabilities and integrate VocaliD's proprietary voice modeling and audio mixing technology into its aiWARE platform. The VocaliD team will join Veritone's Commercial Enterprise division, enabling expanded enterprise-grade synthetic voice offerings for brands, broadcasters, podcasters and other customers.
-
Technology Acquisition Capital LLC Acquires Seven Verbs LLC
June 5, 2024
IT Services
Technology Acquisition Capital LLC has acquired Seven Verbs LLC, a management consultancy focused on custom software development founded in Iowa. Marcus Kyriakopoulos, Founder of Technology Acquisition Capital, has been named CEO of Seven Verbs while founder Bob Sorensen will step back and remain in an advisory role as the firm implements operational improvements.
-
Ai‑Media Acquires US Captioning Providers Caption IT and CaptionAccess
December 14, 2020
Media & Entertainment
Australia-based Ai‑Media announced on December 14, 2020 that it will acquire US captioning and access providers Caption IT (Wisconsin) and CaptionAccess (Illinois) for a combined USD 1.9 million (approx. USD 1.6m cash and USD 0.3m in shares). The purchases (expected to complete January 4, 2021) strengthen Ai‑Media's US presence, add complementary corporate, education and government customer relationships, and are expected to modestly benefit FY21 EBITDA and EPS.
-
Verint Acquires Cogito
December 5, 2024
Software
Verint completed the acquisition of Cogito in October 2024, adding Cogito’s real-time agent coaching and conversation AI capabilities to its CX Automation portfolio. Verint has already integrated Cogito technology to launch the Verint CX/EX Scoring Bot, leveraging Cogito’s ability to analyze 200+ acoustic and lexical signals to score live customer-agent interactions and improve contact center performance.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.