Bending Spoons Acquires Brightcove for $233M
November 25, 2024
Italian technology company Bending Spoons completed an all-cash acquisition of US-based streaming technology provider Brightcove Inc. for approximately $233 million (about $4.45–$4.46 per share). The deal, unanimously approved by Brightcove's board and its stockholders, takes Brightcove private and brings its streaming SaaS platform into Bending Spoons' portfolio to expand its video and streaming capabilities.
- Buyers
- Bending Spoons
- Targets
- Brightcove
- Sellers
- Brightcove stockholders
- Industry
- Cloud & SaaS
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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