New Delhi, Sept. 10 -- Minute Media, a leading global technology and sports content company, today announced its acquisition of VideoVerse. VideoVerse's leading product, Magnifi, an AI-driven SaaS technology platform, enables content owners and rights holders to automatically detect key moments, create highlights in real time, and distribute compelling short-form video content efficiently.

The addition of VideoVerse will enable Minute Media to provide unprecedented value to the sports content ecosystem, furthering both parties' partnership capabilities. With this acquisition, Minute Media plans to deploy a fully integrated creation, distribution, and monetization solution, furthering its strategic partnerships with top teams, leagues, an...