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New Deal


Announced

Xsolla completed the acquisition of Lightstream, Rainmaker and API.stream from Videndum.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Software

cloud software

Domestic

Friendly

streaming tools

Acquisition

Majority

Private

Completed

Single Bidder

Synopsis

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Xsolla, a global video game commerce company, completed the acquisition of Lightstream, Rainmaker and API.stream, content creation tools used for streaming, from Videndum, a global provider of premium branded hardware products and software solutions to the growing content creation market. Financial terms were not disclosed. "Xsolla is committed to supporting creators and providing them with the tools they need to succeed. The acquisition of Lightstream, Rainmaker and API.stream reinforces our dedication to delivering extra value to the gaming community and making the Xsolla Partner Network an all-encompassing solution for developers, publishers, creators, and their audiences," Chris Hewish, Xsolla CEO.

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