Genius Sports, which acquires data from sports events and supplies it to sports betting operators, said the deal, which is valued at about $1.5 billion including debt, is expected to close in Q1 2021. It’s now trading on the New York Stock Exchange under the ticker symbol GENI . 7th May 2021 7:29 am GMT. The combined offering of Genius Sports’ existing products, extensive network, and … Genius intends to fund the purchase with cash and shares of its common stock, with the deal expected to close before the end of the second quarter of 2021. Genius Sports Group (“GSG”) the official data, technology and commercial partner that powers the global ecosystem connecting sports, betting and media, announced today that it has completed its previously announced business combination (the “Business Combination”) with dMY Technology Group, Inc. II (“dMY II”). His company is buying FanHub Media Holdings. Genius Sports acquires FanHub. 04 May 2021. “Genius is committed to capturing and distributing the fastest, most accurate, and secure official sports data. The FanHub Media buy is the first for Genius Sports following its merger last month with special purpose acquisition company (SPAC) dMY Technology Group, Inc. II. Under the terms of the acquisition, Genius Sports Group’s management team will remain in place and retain a minority stake in the company. Under the terms of the acquisition, Genius Sports Group’s management team will remain in place and retain a minority stake in the company. Genius Sports Limited, the official data, technology and commercial partner, has agreed to acquire FanHub Media Holdings Pty Ltd, a developer of free-to-play games and fan engagement solutions across several jurisdictions including North America. Consummation of […] Genius Sports CEO Mark Locke speaking at a conference. NEW YORK — Genius Sports Group Limited (“GSG” or “Genius”), a leading provider of sports data and technology powering the sports, betting, and media ecosystem, announced today that it has entered into a definitive agreement to acquire Sportzcast Inc. (“Sportzcast”), a leading U.S. manufacturer of sports scoreboard data distribution systems. Sports data and technology company Genius Sports Group (GSG) has increased its presence in the United States by reaching an agreement to acquire Sportzcast, a manufacturer of data distribution systems for sports scores. Genius Sports … The financial terms of the deal have not been released, but the deal will make the London-based GSG take control of Sportzcast’s […] Genius Sports has been named “Acquisition & Retention Partner of the Year” at this year’s EGR North America Awards, which were held virtually on May 26th. Gabriele Cipparrone, Partner at … “Genius is committed to capturing and distributing the fastest, most accurate and secure official sports data,” said Mark Locke, CEO, Genius Sports. 358. The proposed merger should close by the first quarter of 2021. Genius Sports Group to go public through combination with NYSE-listed dMY Technology Group II 27th October 2020 Apax Genius Sports Group and dMY Technology Group, Inc. II, a publicly traded special purpose acquisition company, today announced that they have entered into a defi. Genius Sports Limited (NYSE: GENI) (“Genius Sports” or “the Company”), the official data, technology and commercial partner that powers the ecosystem connecting sports, betting and media, announced today that it has entered into a definitive agreement to acquire Second Spectrum, a leading provider of cutting-edge data tracking and visualization solutions. Shareholders of special purpose acquisition company dMY Technology Group approved the $1.5 billion merger with Genius Sports. Genius Sports enters the NYSE after finalizing one of the most sought-after data rights agreements in sports. Gabriele Cipparrone, Partner at Apax Partners, said: “We have been attracted to the sports data market for some time, having seen live data and technology as key drivers of growth. The acquisition means Genius Sports’ network is expected to generate bigger growth opportunities for FanHub through broad distribution across sports, betting, and media customers. (PRESS RELEASE) -- Genius Sports Limited, the official data, technology and commercial partner that powers the ecosystem connecting sports, betting and media, announced today that it has agreed to acquire FanHub Media Holdings Pty Ltd, a leading provider of free-to-play games and fan engagement solutions. Sports data provider Genius Sports Group has agreed to acquire Sportzcast, a US sports data distribution system manufacturer. ... Sportradar and SPAC Horizon Acquisition II are said to extend deal talks. It's now trading on the New York Stock Exchange under the ticker symbol GENI. The Business Combination was approved at a special meeting of … Data firm Genius Sports has reached an agreement to purchase FanHub Media Holdings, a tech company that focuses on free-to-play gaming products. Sports betting data provider Genius Sports (NYSE:GENI) is entering the free-to-play (F2P) games arena with the purchase of FanHub Media Holdings. Sportzcast has installed its technology in more than 6,000 sports venues worldwide. FanHub, founded in 2012, provides a suite of technology solutions built around three core service offerings: games, betting and social activation. Jan 2010 – Nov 20133 years 11 months. The deal, which is set to finish in the second quarter of 2021, is a full acquisition of the data tracking specialist, and will be paid in cash and Genius stock. Last month, Genius Sports closed a $1.5 billion deal with a special purpose acquisition company to go public. Help bring sports to life for millions of fans around the world. Genius Sports is a sports data and technology company that provides data management, video streaming and integrity services to sports leagues, bookmakers and media companies. U.K. betting-data firm Genius Sports Group Ltd. has struck a $1.5 billion deal to start trading on the New York Stock Exchange by merging with a … Totally Gaming says: Just like THCP’s investment in 2015, this acquisition provides Genius Sports with significant capital to pursue its ongoing international expansion, particularly in North America, with the aim of consolidating its position in the changing sports rights … The acquisition will help Genius Sports boost its offer and work on reducing cost per acquisition. He further added that it is speculated to increase global audience reach and keep fans entertained. Genius Sports Jumps Into Free-to-Play Games Space with FanHub Acquisition. Complementary Move for Genius Sports. Genius Sports Limited (NYSE: GENI) ("Genius Sports" or "the Company"), the official data, technology and commercial partner that powers the ecosystem connecting sports, betting and media, announced today that it has agreed to acquire FanHub Media Holdings Pty Ltd ("FanHub"), a leading provider of free-to-play (F2P) games and fan engagement solutions. It’s the first acquisition made by Genius Sports since it formally began trading on the New York Stock Exchange two weeks ago. S. ports data and technology organisation, Genius Sports, have announced the acquisition of tracking provider, Second Spectrum, in a USD$200 million (AUD$255 million) deal. The company has a $3.2 billion market capitalization, and its chairman is former Turner Sports executive David Levy. The aggregate purchase price for the acquisition is $200 million, subject to customary adjustments. Genius Sports Group and the special purpose acquisition company entered into a definitive agreement for the $1.5 billion merger in October 2020 to ensure a path for the sports data distributor to go public on the New York Stock Exchange (NYSE). Genius Sports was formed in 2016 following a merger between Betgenius, a technology and data supplier to the betting industry, and SportingPulse International, a sports data and software business. Genius Sports Group Acquires Sportzcast Inc, a Leading U.S. Scoreboard Data Company. Welcome to Team Genius. Genius named former Turner Sports boss David Levy as its new chairman on March 25 and is valued at $1.5 billion after going public through a special purpose acquisition company merger … In Summary: Genius Sports announces the acquisition of F2P social gaming and betting company FanHub Media. Second Spectrum works with the NBA, the English Premier League and Major League Soccer and the purchase will come partially in cash and partially in Genius Sports stock, the company said Thursday. Related Link: Genius Sports SPAC: A Look At The Thing Behind The Thing For Sports Betting Why It’s Important: The acquisition helps diversify Genius Sports products.The company also … Genius Sports Group is the official data, technology and commercial partner that powers the global ecosystem connecting sports, betting and media. CEO of Genius Sports, Mark Locke reportedly said that the acquisition of FanHub will provide their betting, media, and sports partners with new platforms to publish content. The purchase price will be paid at closing in cash and shares of Genius Sports common stock. Terms of the deal were not disclosed, but the transaction is expected to close in the second quarter of 2021, subject to customary closing conditions. The FanHub Media purchase is the primary for Genius Sports activities following its merger final month with particular function acquisition corporate (SPAC) dMY Era Team, Inc. II. Sports data and analytics company Genius Sports has closed on its acquisition of video analytics and data firm Second Spectrum for US$200 million, an innovative firm that works with important leagues such as the NBA, Premier League and Major League Soccer. (PRESS RELEASE) -- Genius Sports Limited, the official data, technology and commercial partner that powers the ecosystem connecting sports, betting and media, announced today that it has agreed to acquire FanHub Media Holdings Pty Ltd, a leading provider of free-to-play games and fan engagement solutions. NEW YORK & LONDON--(BUSINESS WIRE)-- Genius Sports Limited (NYSE: GENI) (“Genius Sports” or “the Company”), the official data, technology and commercial partner that powers the ecosystem connecting sports, betting and media, announced today that it has agreed to acquire FanHub Media Holdings Pty Ltd (“FanHub”), a leading provider of free-to-play (F2P) games and fan … Read more. The acquisition … Sports data and technology company Genius Sports Group (GSG) has increased its presence in the United States by reaching an agreement to acquire Sportzcast, a manufacturer of data distribution systems for sports scores. Genius Sports activities Jumps Into Free-to-Play Video games Area with FanHub Acquisition Sports betting data provider Genius Sports (NYSE:GENI) is entering the free-to-play (F2P) games arena with… Caesars, DraftKings Anointed Prime 2021 Gaming Concepts by Loop Capital Source: Getty Images. Genius Sports Group is nearing a deal to go public through a merger with DMY Technology Group Inc. II, a blank-check firm led by former EMC Corp. executive Harry You and … The deal includes $330 million in outside investments from both institutional and industry investors. GSG acquires data from sports events around the world and supplies it to sports betting operators. No financial terms of the deal were disclosed. In April 2021, Genius Sports completed a business combination agreement with a special purpose acquisition company dMY Technology Group, Inc. II to list on the New York Stock Exchange. Genius Sports likely will use Second Spectrum’s data gathering abilities to craft the betting feeds it provides to its sportsbook … Gabriele Cipparrone, Partner at … Genius Sports Group and dMY Technology Group, Inc. II, a publicly traded special purpose acquisition … Sportzcast uses its proprietary Scorebot technology to harvest data from venue scoreboards and deliver real-time information. Under the terms of the acquisition, Genius Sports Group's management team will remain in place and retain a minority stake in the company. FanHub has operations in Australia, the UK, U.S., and Ukraine. Terms of the deal were not disclosed. The financial terms of the deal have not been released, but the deal will make the London-based GSG take control of Sportzcast’s […] Genius will also have the right to stream live game feeds to international sportsbooks. FanHub was founded in 2012 and offers three core services of games, betting, and social activation. Genius Sports has agreed to acquire free-to-play (FTP) games developer and fan engagement studio FanHub Media, undertaking its first corporate acquisition as an … The total will be paid partially in cash and partially in Genius Sports stock, the company said Thursday. Sportzcast produced Scorebot, a program that delivers sports data to scoreboards within venues, which has been installed in more than 6,000 venues worldwide, across 194 scoreboard systems. 385. Genius Sports buys Ballmer-backed Second Spectrum for $200 million. Genius Sports acquires FanHub. Corner of Park Lake and Grand River in Okemos, MI. This acquisition combines two of the world’s most innovative sports data and technology companies to create a complete end-to-end offering for the sports, betting and media ecosystem. 21 April 2021 Genius Sports IPO debuts on New York Stock Exchange. In 2017, Genius Sports acquired Data Project, a volleyball technology provider. Genius Sports, the tech firm that now owns the National Football League’s official data rights, completed its merger with special purpose acquisition … Try a racebook with Amwager. If approved,the pro forma enterprise value of the combined company would be approximately $1.5 billion. More than 400 US colleges and universities also use … By Peter Lynch. Genius Sports is a sports data and technology company that provides data management, video streaming and integrity services to sports leagues, bookmakers and media companies.. New York-listed Genius Sports has reached a definitive agreement to acquire data tracking and visualization solutions provider Second Spectrum. Genius Sports, the official data, technology and commercial partner that powers the ecosystem connecting sports, betting and media, has entered into a definitive agreement to acquire Second Spectrum, a provider of data tracking and visualisation solutions. Genius Sports acquires FanHub. Under the terms of the acquisition, Genius Sports Group’s management team will remain in place and retain a minority stake in the company. “Genius is committed to capturing and distributing the fastest, most accurate and secure official sports data. The Second Spectrum acquisition comes on the heels of an announcement Monday from Genius that it had bought FanHub, a free-to-play gaming platform. The SPACtwit crew loved the news too: Losing on this deal is the team at Horizon Acquisition Corp. II … “Genius is committed to capturing and distributing the fastest, most accurate and secure official sports data,” said Mark Locke, Genius Sports CEO. Sports data and technology services provider for betting operators Genius Sports Group will go public after agreeing to merge with a New York Stock Exchange (NYSE)-listed special purpose acquisition vehicle. Genius Sports has reached an agreement to purchase Second Spectrum, a video analytics platform that works with the NBA, Premier League and Major League Soccer, for $200 million. Genius will serve as representatives of the NFL’s legalized sports betting advertising in the US and internationally, which it said offers a chance to boost betting turnover and acquisition. Our technology, operations, commercial and support teams are focused on one, simple purpose: To bring sports to life for millions of fans around the world. Ap/Brian Rothmuller/Icon Sportswire Genius Sports has reached an agreement to purchase Second Spectrum, a video analytics platform that works with the NBA, Premier League and Major League Soccer, for $200 million. As part of the transaction, Genius Sports will also acquire FanHub's suite of F2P games, including fantasy sports, trivia, bracket challenges, pick 'em, … We are a global leader in digital sports … Under the terms of the acquisition, Genius Sports Group's management team will remain in place and retain a minority stake in the company. Details about the deal were not disclosed and the acquisition is expected to conclude in the second quarter of the year. Genius Sports Limited, the official data, technology and commercial partner, has agreed to acquire FanHub Media Holdings Pty Ltd, a developer of free-to-play games and fan engagement solutions across several jurisdictions including North America.. FanHub, founded in 2012, provides a suite of technology solutions built around three core service offerings: games, betting and social activation. Genius Sports Careers. Genius Sports Media Inc. 100 Wilshire Boulevard, Suite 940 Santa Monica, CA 90401 USA Genius Sports Inc. 404 5th Ave New York, NY 10018 USA A full list of the companies in our Group can be found here. Genius Sports agrees $200m acquisition of Second Spectrum. The FanHub Media purchase is the primary for Genius Sports activities following its merger final month with particular function acquisition firm (SPAC) dMY Expertise Group, Inc. II. Essentially, Genius Sports acquires data from sporting events around the world. Data firm Genius Sports has reached an agreement to purchase FanHub Media Holdings, a tech company that focuses on free-to-play gaming products. dMY Technology in a filing today included an updated investor presentation on its proposed merger with Genius Sports Group. London-based sports data and technology company Genius Sports has announced its second acquisition in the space of a week after agreeing … Last month, Genius Sports closed a $1.5 billion deal with a special purpose acquisition company to go public. Last month, Genius Sports closed a $1.5 billion deal with a special purpose acquisition company to go public. Landmark partnership with NFL giving Genius Sports exclusive distribution rights for NFL official data. Then, it supplies them to sports betting operators. FanHub, a free to play game provider, is being acquired by Genius Sports (GENI). 5 May 2021. Sports data technology business Genius Sports has brokered a deal to acquire data tracking and visualisation solutions provider Second Spectrum for $200.0m (£143.8m/€165.8m). Genius Sports is among the companies being considered for a new wide-ranging data deal with the NFL, people familiar with negotiations told Sportico. The service you have requested, such as a newsletter, is delivered through a trusted third-party (like MailChimp) located outside the EEA. Genius Sports has entered into a definitive agreement to acquire Second Spectrum, a leading provider of cutting-edge data tracking and visualization solutions. The transaction is expected to close in the first quarter of 2021. The aggregate purchase price for the acquisition is $200 million, subject to customary adjustments. Genius Sports Group has acquired sports scoreboard data distributor Sportzcast in a move to bolster its data provision capabilities. Genius Sports buys FanHub to boost free-to-play games offering. S. ports data and technology organisation, Genius Sports, has announced the acquisition of free-to-play games and fan engagement solution company, FanHub Media Holdings. … The acquisition is expected to accelerate Genius Sports’ convergence of sports, betting and media to power the fan experience of the future, combining Genius Sports’ streaming capabilities with Second Spectrum’s interactive broadcast solutions which integrate advanced data with augmented video content. “We will continue challenging ourselves to set the bar for excellence in service of the world’s top sportsbooks through our evolving digital marketing and engagement tools,” said Mark Locke, CEO of Genius Sports. NEW YORK, NY and LONDON, UK April 20, 2021 – Genius Sports Group ("GSG") the official data, technology and commercial partner that powers the global ecosystem connecting sports, betting and media, announced today that it has completed its previously announced business combination (the "Business Combination") with dMY Technology Group, Inc. II ("dMY II"). NEW YORK—May 6, 2021— O’Melveny has advised Genius Sports Ltd. (NYSE: GENI), the official data, technology and commercial partner that powers the ecosystem connecting sports, betting and media, in reaching a definitive agreement to acquire Second Spectrum, a leading provider of cutting-edge data tracking and visualization solutions. It currently has … Here is a little taste of what it’s like to be part of our diverse, global team. Genius Sports has been valued at $1.5 billion according to a joint company statement. Sportradar, which is in talks to merge with SPAC Horizon Acquisition Corp II (NYSE:HZON), is the dominant provider of sports data in the U.S. and a main competitor for Genius Sports. Genius Sports partners with more than 20 licensed sportsbook operators in the fast-growing U.S. sports betting market, including DraftKings, BetMGM, Caesars, bet365, and William Hill. It’s now trading on the New York Stock Exchange under the ticker symbol GENI.The company has a $3.2 billion market capitalization, and its chairman is former Turner Sports executive David Levy. Genius Sports has entered into a ‘definitive agreement’ to acquire Second Spectrum, an official analytics partner of several high-profile professional sports leagues and teams, for US$200 million. May 3, 2021. DMYD and Genius Sports sign exclusive deal with NFL and stock surges after hours. The data provider is merging with special purpose acquisition company dMY Technology Group Inc. II , with the deal expected to close in Q1 2021. The acquisition is expected to accelerate Genius Sports’ convergence of sports, betting and media to power the fan experience of the future, combining Genius Sports’ streaming capabilities with Second Spectrum’s interactive broadcast solutions which integrate advanced data with augmented video content. As sports and sports betting continue to go digital at a breakneck speed, and accurate, timely sports data becomes the foundation of multiple companies’ profitability, Genius Sports is going public through a merger with a SPAC (special purpose acquisition company), dMY Technology Group II (NYSE: DMYD). The deal aimed to modernise how NCAA Schools and Conferences harness game statistics to engage fans, drive performance levels and manage their operations. In July 2018, Genius Sports Group was acquired by Apax Partners. Genius Sports has announced that it has agreed to acquire FanHub Media Holdings, provider of free-to-play games and engagement solutions. 21 April 2021. 5 May 2021. Last month, Genius Sports closed a $1.5 billion deal with a special purpose acquisition company to go public. "Genius is committed to capturing and distributing the fastest, most accurate and secure official sports data. Deal terms were not … Genius Sports is a global leader in digital sports content, technology and integrity services. Genius Sports will list on the New York Stock Exchange in a reverse merger process that values the firm at more than $1.5 billion. It’s now trading on the New York Stock Exchange under the ticker symbol GENI . Though the deal was announced last October and Genius Sports … The company has a $3.2 billion market capitalization, and its chairman is former Turner Sports … The purchase price will be paid at closing in cash and shares of Genius Sports … Sports betting data provider Genius Sports (NYSE:GENI) is entering the free-to-play (F2P) games arena with the purchase of FanHub Media …
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