Magisto

Pierce Bainbridge Announces Advsr, LLC Lawsuit Against Magisto, Ltd. for Breach of Contract and Fraud

Retrieved on: 
Thursday, June 20, 2019
IAC, Video hosting, Vimeo, Magisto, World Wide Web, Software engineering, Companies

The lawsuit alleges that Magisto flagrantly attempted to avoid its obligations to pay Advsr for the advisory services provided in support of Magisto's acquisition by Vimeo, the IAC-owned streamed video platform.

Key Points: 
  • The lawsuit alleges that Magisto flagrantly attempted to avoid its obligations to pay Advsr for the advisory services provided in support of Magisto's acquisition by Vimeo, the IAC-owned streamed video platform.
  • According to the complaint, under the engagement agreement, Magisto owes Advsr compensation based on the reportedly $200 million sale price.
  • The lawsuit alleges that despite the significant support Magisto requested and received from Advsr, Magisto offered no compensation to Advsr for the highly successful outcome.
  • According to Pierce Bainbridge partner Andrew Lorin, "Our client Advsr, at the repeated request of Magisto's management, provided substantial services in order to create and effect Magisto's highly desirable acquisition by IAC/Vimeo.

Vimeo To Acquire Magisto To Power Video Creation For Any Business

Retrieved on: 
Monday, April 15, 2019
Digital technology, Computing, Software, IAC, Video hosting, Vimeo, Magisto, Software as a service

NEW YORK, April 15, 2019 /PRNewswire/ --Vimeo announced today an agreement to acquire Magisto, avideo creation service with over 100 million users.

Key Points: 
  • NEW YORK, April 15, 2019 /PRNewswire/ --Vimeo announced today an agreement to acquire Magisto, avideo creation service with over 100 million users.
  • The combination of Magisto's professional video creation capabilities with Vimeo's suite of video hosting, distribution and monetization tools will extend Vimeo's position as the industry's most complete video SaaS solution.
  • "Social media has sparked an insatiable demand for video audiences today expect high-quality video content from every business, regardless of size or budget.
  • Following the acquisition, Vimeo and Magisto will work together to develop entirely new short-form video creation capabilities for the Vimeo platform, with the goal of helping any individual or business tell their stories with professionalism and ease.

Vimeo To Acquire Magisto To Power Video Creation For Any Business

Retrieved on: 
Monday, April 15, 2019
Digital technology, Computing, Software, IAC, Video hosting, Vimeo, Magisto, Software as a service

NEW YORK, April 15, 2019 /PRNewswire/ --Vimeo announced today an agreement to acquire Magisto, avideo creation service with over 100 million users.

Key Points: 
  • NEW YORK, April 15, 2019 /PRNewswire/ --Vimeo announced today an agreement to acquire Magisto, avideo creation service with over 100 million users.
  • The combination of Magisto's professional video creation capabilities with Vimeo's suite of video hosting, distribution and monetization tools will extend Vimeo's position as the industry's most complete video SaaS solution.
  • "Social media has sparked an insatiable demand for video audiences today expect high-quality video content from every business, regardless of size or budget.
  • Following the acquisition, Vimeo and Magisto will work together to develop entirely new short-form video creation capabilities for the Vimeo platform, with the goal of helping any individual or business tell their stories with professionalism and ease.

Magisto Named a "Hot Vendor" by HFS Research

Retrieved on: 
Wednesday, February 27, 2019
Technology, Internet, Audio, Video, Social media, Communications, Marketing, Disk file systems, Computing, Magisto, Software architecture, Video processing, Web development, System software, Data management, Hierarchical File System

Magisto, a leading provider of A.I.-powered video creation and marketing solutions, today announced their inclusion as a Hot Vendor by HFS Research in their Q4 2018 report.

Key Points: 
  • Magisto, a leading provider of A.I.-powered video creation and marketing solutions, today announced their inclusion as a Hot Vendor by HFS Research in their Q4 2018 report.
  • We highly regard our inclusion as an HFS Hot Vendor and consider it an excellent testimony to our mission of providing entrepreneurs and organizations of all sizes with simple videofication, said Oren Boiman, CEO of Magisto.
  • According to HFS Research, Hot Vendors display truly differentiated offerings and out-of-the-box thinking that can be both inspiring and useful.
  • Magisto also partners with leading MarTech and e-commerce platforms and marketplaces looking to benefit from the videofication of content on their sites.

Magisto Brings Mass-Scale Video Creation Capabilities To Marketing Platforms, E-Commerce Sites And Marketplaces Through the Launch of a Strategic Partnership Program

Retrieved on: 
Tuesday, January 29, 2019
Technology, Online Retail, Data management, Internet, Software, Small business, Mobile, Wireless, Professional services, Retail, Communications, Marketing, Marketing, Business, Economy, Magisto, Software architecture, Video processing, Web development, Strategic partnership, E-commerce, Marketing communications

Magisto, the leading A.I.-powered video creation and marketing platform, today announced the launch of their Strategic Partnership Program.

Key Points: 
  • Magisto, the leading A.I.-powered video creation and marketing platform, today announced the launch of their Strategic Partnership Program.
  • Aimed at enterprise marketing and e-commerce players, the program provides large-scale, automatic video creation through a tool embedded in major e-commerce sites, listing sites, marketplaces, websites and more.
  • With the Strategic Partnership program, the Magisto platform enables partners to provide large-scale videofication on their platform, within a few weeks of integration.
  • By partnering with Magisto, Wix is providing a means to enter the video marketing ecosystem to hundreds of millions of small businesses.