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Brightcove Inc completes Unicorn Media acquisition

Friday, 31 Jan 2014 05:02pm EST 

Brightcove Inc:Says it has completed its acquisition of Unicorn Media, a provider of cloud video ad insertion technology.Says on Jan.6, Brightcove announced the signing of its definitive agreement to acquire Unicorn Media for about $49 million.Under the terms of the agreement, the purchase price consists of 2,850,547 shares of Brightcove stock and about $9.1 million of cash used to pay transaction and other expenses of Unicorn Media. 

Company Quote

-0.02 -0.26%
27 Feb 2015