VideoVerse Acquires Reely.ai
April 11, 2023
VideoVerse, a video-editing SaaS platform, has acquired Reely.ai, an AI-powered content-creation and social distribution company focused on esports and gaming. The deal will integrate Reely.ai’s computer-vision highlight-detection and automation capabilities into VideoVerse’s product suite to expand its AI-driven short-form video and distribution offerings for players, streamers, teams and esports organizations. Terms were not disclosed.
- Buyers
- VideoVerse
- Targets
- Reely.ai
- Industry
- AI & Machine Learning
- Location
- Florida, United States
- Transaction Type
- Buyout
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