Lexmark Acquires Online Video Platform Provider Twistage
Earlier today, Lexmark announced the completion of two acquisitions, including San Francisco based online video platform provider Twistage. The total acquisition price for both companies was approximately $31.5 million. I don’t remember the exact amount of funding Twistage had raised to date but it was small. Lexmark isn’t commenting on what value they placed on Twistage but I would guess it was $10M or less. I haven’t had the chance yet to speak with Twistage’s CEO but will update this post once I have more details.