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Banzai International ( (BNZI) ) just unveiled an announcement.
Banzai International, Inc. has completed its acquisition of OpenReel, a platform that specializes in digital video creation, allowing Banzai to expand its marketing technology offerings. This acquisition supports Banzai’s strategy to drive customer growth and exceed its revenue guidance of $10 million for 2024 by integrating OpenReel’s solutions to enhance video content creation capabilities for its enterprise clients.
More about Banzai International
Banzai International, Inc. is a marketing technology company that provides AI-enabled marketing and sales solutions for businesses of all sizes. Their mission is to help companies target, engage, and measure both new and existing customers more effectively. Banzai’s clientele includes major corporations such as Cisco, New York Life, and Hewlett Packard Enterprise. OpenReel is a digital video creation platform that allows companies to create high-quality, branded video content quickly and efficiently, with clients ranging from small businesses to Fortune 500 companies.
YTD Price Performance: -98.26%
Average Trading Volume: 4,285,879
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $10.14M
Learn more about BNZI stock on TipRanks’ Stock Analysis page.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
