Banzai Announces Definitive Agreement to Acquire OpenReel, Growing TTM Revenue 152% to $10.9M
Banzai International, Inc. - Class A (BNZI)
Company Research
Source: GlobeNewswire
Banzai Adds Enterprise-Grade Branded Video Creation and Management Solution OpenReel to Growing Product Family SEATTLE, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Banzai International, Inc. (NASDAQ: BNZI) (“Banzai” or the “Company”), a leading marketing technology company that provides essential marketing and sales solutions, today announced that it has signed a definitive agreement to acquire OpenReel, a leading digital video creation platform. OpenReel enables companies to rapidly create high-quality, branded video content. Their solution allows companies to direct, record, create, and collaborate on high-definition video projects, dramatically reducing the time to create brand-compliant video content. OpenReel’s enterprise customer base includes global organizations, such as Bristol Myers Squibb, Ingram Micro, DXC Technology, Insider Inc., and US Steel. "Video is the future of enterprise marketing," said Joe Davy, Founder and CEO of Banzai. "OpenReel gives their customers a 10x advanta
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News
- Banzai Signs Acquisition of Vidello, Growing TTM Revenue 59% to $17.3M and Adding $2.3M in EBITDAGlobeNewswire
- Banzai Completes Acquisition of OpenReel, Expects to Exceed $10.0 Million 2024 Revenue GuidanceGlobeNewswire
- Banzai Appoints Nancy Norton as Chief Legal OfficerGlobeNewswire
- Banzai to Participate in the iAccess Alpha Virtual Best Ideas Winter Conference on December 10-11, 2024GlobeNewswire
- New to the Street Engages Curate by Banzai to Elevate Investor and Brand EngagementAccesswire
BNZI
Sec Filings
- 12/23/24 - Form SCHEDULE
- 12/20/24 - Form 8-K
- 12/19/24 - Form 8-K
- BNZI's page on the SEC website