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.
Quick answer
OpenExchange is acquiring Veracast, announced October 27, 2021. OpenExchange is based in Massachusetts, United States.
- How much did OpenExchange pay for Veracast?
- The deal value was not disclosed.
- What does OpenExchange do?
- OpenExchange is chosen by the most demanding industries in the world as their virtual communications partner.
- Where are OpenExchange and Veracast based?
- OpenExchange is based in Massachusetts, United States.
- Who are the decision-makers at OpenExchange?
- Fundz holds 2 contacts at OpenExchange. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Financial Services and Community And Lifestyle
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Fadel Acquires Uk-Based Company Image Data Systems (Ids) (October 21, 2021)
- Farmers & Merchants Bancorp, Inc. Announces Completion Of The Perpetual Federal Savings Bank Acquisition (October 1, 2021)
- Timbers, Wheelock Street Capital And Ronto Group Announce Joint Acquisition Of Iconic South Seas Island Resort (September 30, 2021)
- Liquid Media Completes Acquisition Of Indieflix (September 23, 2021)
- Savant Wealth Management To Acquire Wi-Based Filbrandt Wealth (November 25, 2021)
- Pivotree Announces Definitive Agreement To Acquire Data Management Firm Codifyd (November 2, 2021)
Who to call at OpenExchange, and when
When OpenExchange changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day OpenExchange raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at OpenExchange, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at OpenExchange. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment OpenExchange makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
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.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.