Market Overview

Brightcove Signs Definitive Agreement to Acquire Unicorn Media in Cash Stock Deal Worth Approximately $49M

Brightcove (NASDAQ: BCOV) today announced it has entered into a definitive
agreement to acquire substantially all the assets of Unicorn Media, a
leading provider of cloud video ad…

Brightcove Inc. (NASDAQ:BCOV) today announced it has entered into a definitive
agreement to acquire substantially all the assets of Unicorn Media, a
leading provider of cloud video ad insertion technology. 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. 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.

See full press release

Posted-In: News Guidance Contracts Asset Sales Legal Management M&A Global

 

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