Bending Spoons is taking video platform Brightcove private in $233M acquisition [TechCrunch]
Johnson & Johnson (JNJ)
Last johnson & johnson earnings: 4/14 06:31 am
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Source: TechCrunch
Founded in 2004, Brightcove develops tools and services for creating, hosting, streaming , marketing, and monetizing video content, with clients including Marriott Hotels, Ford, and Johnson & Johnson. Bending Spoons, for its part, is a Baillie Gifford-backed mobile app development company that has become known for various notable acquisitions in recent years. This includes Evernote, which it bought in 2022 before laying off 129 of its employees; and WeTransfer, which it bought back in July shortly before sacking 75% of its 350 workforce . Elsewhere, Bending Spoons bought popular video app Filmic in 2022, before laying off the entirety of the staff a year later. This is a breaking story, refresh for updates.
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