Sportradar Acquires Vaix, A Pioneer In Developing Ai Solutions For The Igaming Industry
Acquiring Company
Sportradar
Acquired Company
Vaix
St. GallenSportsGamblingContent And PublishingMedia And EntertainmentDescription
Sportradar (NASDAQ: SRAD) (“Sportradar” or “the Company”), the leading global sports technology company creating immersive experiences for sports fans and bettors, today announced the acquisition of Vaix Limited, a pioneer in developing Artificial Intelligence (AI) solutions specifically designed for the iGaming industry. Vaix’s innovative AI technology allows betting and gaming operators to gain a personalized view of their customers, which enables them to provide a more targeted, player-friendly experience. For example, betting and gaming operators can offer users the best possible bet without searching and give them the right offer based on players’ future value and churn probability. The acquisition does not have a material impact on the Company’s annual outlook for 2022, provided on March 30, 2022.
Quick answer
Sportradar is acquiring Vaix, announced April 11, 2022. Sportradar is based in St. Gallen, Switzerland.
- How much did Sportradar pay for Vaix?
- The deal value was not disclosed.
- What does Sportradar do?
- Sportradar is the leading global sports technology company creating immersive experiences for sports fans and bettors.
- Where are Sportradar and Vaix based?
- Sportradar is based in St. Gallen, Switzerland.
- Who are the decision-makers at Sportradar?
- Fundz holds 2 contacts at Sportradar. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Vaix?
Vaix was acquired by Sportradar, based in St. Gallen. The deal was reported on April 11, 2022. Sportradar is the leading global sports technology company creating immersive experiences for sports fans and bettors. Sportradar is publicly traded (SRAD) and operates in Sports.
When did Sportradar acquire Vaix?
Sportradar's acquisition of Vaix was reported on April 11, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Vaix do?
Vaix’s mission is to be iGaming's most comprehensive and effective AI engine. It is privately held, operating in Content And Publishing.
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