Vimeo acquires Israel-based video creation service Magisto which has over 100M users; sources say Vimeo paid $200M (Globes Online)
Vimeo acquires Israel-based video creation service Magisto which has over 100M users; sources say Vimeo paid $200M — Magisto's proprietary technology enables cutting edge mobile apps and AI-powered editing tools to create videos for its 100 million users.
from Techmeme http://bit.ly/2GmZCYK
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