Google Buys Online Video Platform Provider Episodic
This morning, San Francisco based Episodic announced via their website that they have been acquired by Google. Terms of the deal have not yet been announced and I will update this post if I hear how much Google valued the company at. While Episodic had been operating in the market for a few years, they were a small player and it's clear that this was a technology acquisition on Google's part. I've reached out to Episodic's CEO and will update the post if I hear back.
Updated: I heard back from Episodic's CEO Noam Lovinsky who sent over an email stating that, "I don't have any additional info to share right now". The email looks to be a prepared email they are sending out to anyone who asks about the deal, which comes as no surprise considering it involves Google.