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Brightcove Inc signs definitive agreement to acquire Unicorn Media


Monday, 6 Jan 2014 06:00am EST 

Brightcove Inc:Says it has entered into a definitive agreement to acquire substantially all the assets of Unicorn Media, a provider of cloud video ad insertion technology.Says based on a $14.00 price per share of Brightcove common stock as specified in the purchase agreement, the transaction is valued at approximately $49 million.Says under the terms of the agreement, the purchase price consists of approximately 2.9 million shares of Brightcove stock and approximately $9.0 million of cash used to pay transaction and other expenses of Unicorn Media. 

Company Quote

6.18
0.07 +1.15%
10:31am EDT