Veritone Closes Acquisition of Broadbean

June 16, 2023

The close of the acquisition is expected to significantly strengthen Veritone’s AI-driven human resources solutions suite, building on the Company’s previous acquisition of PandoLogic. Through its robust partner ecosystem and professional and managed services, Veritone develops and builds AI solutions that solve problems of today and tomorrow. Safe Harbor StatementThis press release contains forward-looking statements, including without limitation, statements regarding the Broadbean acquisition, the expected benefits of the Broadbean acquisition and the impact of such developments on the Veritone’s business and results of operations. These forward-looking statements speak only as of the date hereof, and are based on management’s current assumptions, beliefs and information. Important factors that could cause such differences include, among other things, potential adverse reactions or changes to business or employee relationships as a result of the Broadbean acquisition; the response of competitors to the Broadbean acquisition; the ultimate difficulty, timing, cost and results of integrating the operations of Veritone and Broadbean; the effects of the business combination of Veritone and Broadbean, including the combined company’s future financial condition, results of operations, strategy and plans, which are difficult or impossible to predict accurately and many of which are beyond the control of Veritone.

The source of this news is from Veritone