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Banzai International ( (BNZI) ) has shared an announcement.
On January 22, 2025, Banzai International announced its agreement to acquire Act-On Software, an enterprise marketing automation platform provider, aiming to enhance its product suite with AI-driven marketing capabilities. The merger, valued at approximately $53.2 million, is expected to boost Banzai’s revenue by $27 million by the end of 2025, signaling a strategic expansion in its marketing automation offerings and reinforcing its position in the marketing technology industry.
More about Banzai International
Banzai International, Inc. is a marketing technology company providing AI-enabled marketing and sales solutions, helping businesses of all sizes to effectively target, engage, and measure both new and existing customers. Its notable clients include Cisco, New York Life, and Hewlett Packard Enterprise.
YTD Price Performance: -5.16%
Average Trading Volume: 1,625,389
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $7.06M
See more insights into BNZI stock on TipRanks’ Stock Analysis page.
