Veritone Announces Sale of Veritone One to Insignia for Up to $104 Million
October 24, 2024
October 24, 2024
PALO ALTO, California, Oct. 24 -- Cooley, a law firm, issued the following news release:
Santa Monica - October 22, 2024 - Cooley advised Veritone, a company building human-centered enterprise artificial intelligence (AI) solutions, on the sale of its media agency, Veritone One, to Insignia Capital Group. The total consideration from the divestiture is up to $104 million, subject to customary purchase price adjustments, and includes up to $18 million in cash subject to an earnout ba . . .
Santa Monica - October 22, 2024 - Cooley advised Veritone, a company building human-centered enterprise artificial intelligence (AI) solutions, on the sale of its media agency, Veritone One, to Insignia Capital Group. The total consideration from the divestiture is up to $104 million, subject to customary purchase price adjustments, and includes up to $18 million in cash subject to an earnout ba . . .