Brightcove (NASDAQ: BCOV) today announced it has entered into a definitive

agreement to acquire substantially all the assets of Unicorn Media, a

leading provider of cloud video ad…

Brightcove Inc. (NASDAQ:BCOV) today announced it has entered into a definitive

agreement to acquire substantially all the assets of Unicorn Media, a

leading 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 $49

million. Under the terms of the agreement, the purchase price consists

of approximately 2.9 million shares of Brightcove stock and

approximately $9.0 million of cash used to pay transaction and other

expenses of Unicorn Media.

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