Greater Heights completed the acquisition of the remaining 61% stake of RealNetworks for $21m.

Greater Heights, an affiliate of RealNetworks' founder Robert D. Glaser, completed the acquisition of the remaining 61% stake of RealNetworks, an AI-powered digital media software and solutions, for $21m. "I founded RealNetworks 28 years ago because I believed that the Internet represented a once-in-a-generation transformational opportunity for digital media. I believe that Machine Learning-based Artificial Intelligence represents a similar transformational opportunity today, albeit one that will also take time and resources to fully realize. I'm happy that the RealNetworks Board and I could reach agreement on a path to pursue that transformation with focus, efficiency, and speed by turning Real back into a private company, and in a way that is fair to all shareholders," Robert D. Glaser, RealNetworks Founder, Chairman and CEO.