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Banzai International ( (BNZI) ) has issued an announcement.
Banzai International has announced a definitive agreement to acquire OpenReel, a digital video creation platform known for enabling rapid creation of branded video content. This acquisition is expected to significantly enhance Banzai’s product portfolio and increase its revenue by 152% to $10.9 million, strengthening its presence in the marketing technology industry and offering new solutions to its existing customers.
More about Banzai International
Banzai International, Inc. is a marketing technology company that provides AI-enabled marketing and sales solutions to businesses of all sizes. Banzai’s offerings help companies target, engage, and measure customer interactions effectively, with a client base that includes major corporations such as Cisco, New York Life, and Hewlett Packard Enterprise.
YTD Price Performance: -98.52%
Average Trading Volume: 3,366,231
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $8.18M
For a thorough assessment of BNZI stock, go to TipRanks’ Stock Analysis page.
