VideoVerse is known for offering similar video editing tools, such as Illusto, an AI editing tool. The acquisition will primarily help VideoVerse position itself as an esports and gaming platform, allowing it to potentially secure deals in these markets. Reely is compatible with Twitch and other modern livestreaming platforms.
“VideoVerse’s comprehensive expertise in short-form video creation and distribution, combined with the latest AI and ML technology, pairs perfectly with our real-time gaming solutions,” said Daniel Evans, CEO of Reely.ai.
“This collaboration will generate immense value for teams and content creators. AI is experiencing a significant moment, and we are eager to merge our advanced video solutions to fuel innovation in the industry.”
Image Credit: VideoVerse
