Openexchange Announces Intent To Acquire Veracast, Further Enhancing Virtual Event Product Offering
Acquiring Company
OpenExchange
Acquired Company
Veracast
MassachusettsInformation TechnologyFinancial ServicesCommunity And LifestyleInternet ServicesContent And PublishingMedia And EntertainmentDescription
OpenExchange Inc., a leading provider of video-enabled virtual event solutions, announced its intent to acquire Veracast Communications, Inc., which delivers webcast and live streaming solutions to the financial services, biotech, and legal industries. Veracast’s complementary product offerings for webcasting and live streaming combined with OpenExchange’s existing video conference solutions, and its ability to provide concierge managed services, will create an increasingly robust product offering.
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Frequently asked
Who acquired Veracast?
Veracast was acquired by OpenExchange, based in Massachusetts. The deal was reported on October 27, 2021. OpenExchange is chosen by the most demanding industries in the world as their virtual communications partner. OpenExchange is privately held and operates in Information Technology.
When did OpenExchange acquire Veracast?
OpenExchange's acquisition of Veracast was reported on October 27, 2021. OpenExchange Inc., a leading provider of video-enabled virtual event solutions, announced its intent to acquire Veracast Communications, Inc., which delivers webcast and live streaming solutions to the financial services, biotech, and legal industries. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Veracast do?
Based in Dublin, Ohio, Veracast has been delivering industry-leading webcasting solutions to the financial services industry since 1998. It is privately held, operating in Content And Publishing.
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