US linked sports activities firm Slinger (OTCQB: SLBG) has introduced that it has acquired Israeli AI sports activities know-how firm PlaySight Interactive for $82 million in shares.
PlaySight delivers pro-level video know-how to a whole bunch of hundreds of athletes, coaches, groups and followers in over 30 sports activities, together with tennis, baseball, soccer and basketball. The corporate’s platform is used every day for automated manufacturing dwell streaming, multi-angle video recording, efficiency evaluation, VAR, content material monetization and far more. PlaySight is linked all through the NBA, MLB, NHL and the NCAA.
Sports activities tech co PlaySight raises $10m from SoftBank, CE
Billie Jean King and Novak Djokovic put money into PlaySight
Slinger gives progressive, recreation enchancment applied sciences and gear throughout tennis and different ball sports activities.
Based mostly in Tel Aviv, PlaySight was based in 2010 by CEO Chen Shachar, CTO Evgeni Khazanov and Yoram Bentzur.
Shachar stated, “It has been a tremendous journey with an ideal workforce, and I consider that Slinger is the fitting firm to take our know-how platform to new heights in tennis and our different key sports activities. We share many commonalities from the launch in tennis to the concentrate on client and sports activities connectivity. Mike and his workforce have very daring aspirations to construct a number one world model powered by AI know-how, and we’re thrilled to affix their workforce and add our capabilities and expertise. I consider Slinger may be very nicely positioned to additional commercialize PlaySight’s know-how and drive much more significant worth for athletes, coaches, groups, followers and your entire sports activities market.”
Slinger CEO Mike Ballardie stated, “PlaySight pioneered the deployment of AI video know-how and evaluation in tennis and different main sports activities and is now amongst the most important know-how suppliers out there.Our purpose is to create a full suite of ‘Watch, Play and Study’ options, the three largest business actions in each sport. To perform this, we’re constructing a 360-degree platform of services and products to fulfill the wants of our tennis customers right this moment, and for different main sports activities over the subsequent few years.”
PlaySight’s traders embrace Billie Jean King, Novak Djokovic, Chris Evert, Pete Sampras, Darren Cahill, Ana Ivanovic, Tommy Haas, and Paul Annacone in addition to Verizon Ventures, Greg Norman’s Nice White Shark Alternative Fund, Unbound Ventures, SoftBank Ventures Asia, NAVER, OurCrowd, and Tennis Companions.
Printed by Globes, Israel enterprise information – en.globes.co.il – on October 12, 2021
Copyright of Globes Writer Itonut (1983) Ltd. 2021