Love seeing the demand for interactive video play out on the M&A stage.
Bodes well for whenever Verb wants to exit
BrightCove a 1/2 a billion dollar company wants in on interactivity. On, this was a company that said they had it, but really didn't
Laying some money down for HapYak
October 14, 2021 08:59 AM ET - BRIGHTCOVE BOOSTS VIDEO INTERACTIVITY BY ACQUIRING HAPYAK BEST-IN-CLASS TECHNOLOGY FROM NEWSELA
But wait, there is more...
On the same day a minute later...
Oct 14, 2021, 09:00 ET Newsela Announces First Acquisitions
Company acquires interactive video leader HapYak to create a more engaging, digital-first instructional materials solution for K-12 education
Newsela is valued at $1B.
"Eight months ago, Newsela boasted that its 2020 annual recurring revenue grew 81% over 2019, with new bookings surging 115%"
Do the math and figure what the gain is per quarter compounded.
Is it possible there are two Yaks?
Will the real HapYak owner, please stand up, please stand up
Did each company buy a piece or do we have a...