Media Mergers and Acquisitions Video Advertising

Outbrain strengthens contextual video offering with Swiss acquisition

Author

By John Glenday | Reporter

November 23, 2021 | 3 min read

Sponsored by:

What's this?

Open web recommendation platform Outbrain has bolstered its brand and video offer after agreeing terms to acquire a Swiss contextual video technology platform.

Outbrain

Outbrain has acquired Video Intelligence AG to expand its brand and video offering

Video Intelligence AG (VI) serves digital and connected TV media owners by combining contextually-matched content with in-stream video advertising across desktop, mobile and connected TVs.

This enables media owners to add relevant video content to articles to encourage user engagement and monetization, placing VI’s services in high demand among publishers ranging from IDG to Der Spiegel and Funke. More recently VI dipped its toes in the connected TV space in partnership with Samsung TV+.

David Kostman, co-chief executive of Outbrain, said: “The combination with VI will allow us to deepen our partnership with media owners, providing mid- and top-of-article video solutions. It will also expand our addressable market, introducing high-quality in-stream video inventory to support our brand advertisers.”

Kai Henniges, VI co-founder and chief exec, continued: “Our years of video expertise and unique offering for publishers and CTV providers are a perfect addition to Outbrain’s leading market position and premium global media owner partnerships. Together we will accelerate our mission to inspire, inform and entertain users by putting video in context.”

The agreement to acquire VI for $55m is to be funded by $46.75m in cash, with the remainder contributed via 412,500 Outbrain shares. The transaction is expected to conclude by the first quarter of 2022.

Outbrain will be hoping that the tie-up goes better than an ill-fated merger with Taboola, which fell through at the eleventh hour following a breakdown in trust.

Media Mergers and Acquisitions Video Advertising

Content created with:

Outbrain

Outbrain (Nasdaq: OB) is a leading recommendation platform for the open web. Our technology enables 10 billion daily recommendations to consumers across more than 7,000 online properties and connects advertisers to these audiences to grow their business. Founded in 2006, Outbrain is headquartered in New York with offices in 18 cities worldwide.

Find out more

More from Media

View all

Trending

Industry insights

View all
Add your own content +