Announced

Completed

Hotmart completed the acquisition of Reshape.

Synopsis

Hotmart, a platform that allows creators to sell digital products, completed the acquisition of Reshape, a web platform that converts audio and video inputs to text. Financial terms were not disclosed. “Hotmart is beta-testing a product called Hotmart Tutor, which comprehensively understands content posted by creators and then uses that learning to interact with clients. However, for it to function well, the transcription of videos has to be of excellent quality,” João Pedro Resende, Hotmart Co-Founder and CEO.

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