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Stock Market & Financial Investment News

News Breaks
January 6, 2014
06:03 EDTBCOVBrightcove agrees to acquire Unicorn Media for $49M
Brightcove announced it has entered into a definitive agreement to acquire substantially all the assets of Unicorn Media, a provider of cloud video ad insertion technology. Based on a $14.00 price per share of Brightcove common stock as specified in the purchase agreement, the transaction is valued at approximately $49M. Under the terms of the agreement, the purchase price consists of approximately 2.9M shares of Brightcove stock and approximately $9M of cash used to pay transaction and other expenses of Unicorn Media. Accustream Media estimates that the online video advertising market represented $10.4B U.S. dollars in worldwide spending in 2013, with spending expected to grow to $16.8B by 2015.
News For BCOV From The Last 14 Days
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October 30, 2014
18:39 EDTBCOVOn The Fly: After Hours Movers
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16:35 EDTBCOVBrightcove sees 2014 EPS (17c)-(18c), consensus (25c)
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16:34 EDTBCOVBrightcove sees Q4 EPS (8c)-(9c), consensus (10c)
Sees Q4 revenue $30.3M-$30.8M, consensus $30.45M.
16:34 EDTBCOVBrightcove reports Q3 EPS (3c), consensus (8c)
Reports Q3 revenue $31.5M, consensus $30.18M.

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