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New Deal


Announced

Completed

Descript completed the acquisition of SquadCast.

Synopsis

Descript, a collaborative editing platform for media creation, completed the acquisition of SquadCast, a developer of a remote recording platform. Financial terms were not disclosed. “Remote recording has become an essential part of the podcaster’s workflow. And so far, podcasters have been forced to choose between something like Zoom that records at lower quality and is subject to internet glitches, or a pricey subscription to a dedicated remote recording service.” Andrew Mason, Descript CEO.

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