Reported about 3 hours ago
Italian tech company Bending Spoons has announced the acquisition of streaming platform Brightcove for approximately $233 million, paying $4.45 per share, which is nearly a 40% premium over its last closing price. This all-cash deal is part of Bending Spoons' strategy to expand its app portfolio following recent acquisitions, including WeTransfer and Issuu. The transaction is set to finalize in the first half of 2025.
Source: YAHOO