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Announced

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Match Group completed the acquisition of Hyperconnect for $1.7bn.

Synopsis

Match Group, a provider of dating products available globally, completed the acquisition of Hyperconnect, a technology company that provides video and AI-powered social discovery products, for $1.7bn. "Hyperconnect's forward-looking technology has already forged new ways for the next generation to make friends and engage with new people, regardless of borders and language barriers. Our immediate goal is to accelerate Hyperconnect's growth, while deploying their technology across our portfolio, helping to ensure people around the world have access to the best products to meet new people, and create joyful connections," Shar Dubey, Match Group CEO.

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