VideoVerse Acquires Reely.ai for Esports and Gaming Video Editing
Kanesa David — April 12, 2023 — Tech
References: vverse.ai & esportsinsider
VideoVerse, an American video editing company, has acquired Reely.ai, an AI-powered content creation platform for sports, esports, and gaming. As a part of the merge, Reely will be integrated into VideoVerse to help improve the company's current system and content in the sports and esports industries. With Reely, users can automatically find game highlights, key moments, or funny scenes across games like Fortnite and Rocket League.
VideoVerse is known for offering similar video editing tools, such as Illusto, an AI editing tool. The acquisition will primarily help VideoVerse position itself as an esports and gaming platform, allowing it to potentially secure deals in these markets. Reely is compatible with Twitch and other modern livestreaming platforms.
“VideoVerse’s comprehensive expertise in short-form video creation and distribution, combined with the latest AI and ML technology, pairs perfectly with our real-time gaming solutions," said Daniel Evans, CEO of Reely.ai.
“This collaboration will generate immense value for teams and content creators. AI is experiencing a significant moment, and we are eager to merge our advanced video solutions to fuel innovation in the industry.”
Image Credit: VideoVerse
VideoVerse is known for offering similar video editing tools, such as Illusto, an AI editing tool. The acquisition will primarily help VideoVerse position itself as an esports and gaming platform, allowing it to potentially secure deals in these markets. Reely is compatible with Twitch and other modern livestreaming platforms.
“VideoVerse’s comprehensive expertise in short-form video creation and distribution, combined with the latest AI and ML technology, pairs perfectly with our real-time gaming solutions," said Daniel Evans, CEO of Reely.ai.
“This collaboration will generate immense value for teams and content creators. AI is experiencing a significant moment, and we are eager to merge our advanced video solutions to fuel innovation in the industry.”
Image Credit: VideoVerse
Trend Themes
1. AI-powered Gaming Edits - The use of AI-powered content creation platforms is disrupting the video editing industry by enabling automatic game highlights and key moments across popular games.
2. Esports and Gaming Video Editing - Reely's integration into VideoVerse will disrupt the esports and gaming industry by providing a comprehensive video editing platform that includes AI-powered toolsets.
3. Real-time Gaming Solutions - The acquisition of Reely by VideoVerse highlights the importance of real-time gaming solutions in the gaming industry and presents opportunities for further disruptive innovation in this field.
Industry Implications
1. Video Editing - The integration of AI-powered content creation platforms like Reely into video editing companies like VideoVerse offers disruptive innovation opportunities for creating comprehensive, automated video editing solutions in various industries.
2. Esports - Reely's integration into VideoVerse presents disruptive innovation opportunities in the esports industry by providing comprehensive video editing for streamers, professional teams, and content creators.
3. Gaming - VideoVerse's acquisition of Reely presents disruptive innovation opportunities for video editing and real-time gaming solutions in the broader gaming industry.
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