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Genius Sports Acquires Sports Innovation Lab to Bolster World's Most Advanced Fan Activation Platform

1. Genius Sports acquires Sports Innovation Lab, enhancing its data capabilities. 2. The deal accelerates Genius Sports' growth in the media sector.

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$12.55509/18 12:53 PM EDTEvent Start
$12.5809/19 03:36 AM EDTLatest Updated
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FAQ

Why Bullish?

The acquisition strengthens GENI's market position and data assets, similar to past tech acquisitions that boosted stock prices by combining complementary strengths.

How important is it?

This acquisition could significantly enhance GENI's offerings and market competitiveness, making it a relevant and impactful event for investors.

Why Short Term?

The immediate benefits of enhanced capabilities can quickly improve investor sentiment and market performance, as seen in tech acquisitions with quick synergies.

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NEW YORK & LONDON--(BUSINESS WIRE)--Genius Sports Limited (NYSE:GENI) (“Genius Sports”), the official data, technology and broadcast partner that powers the global ecosystem connecting sports, betting and media, today announced that it has acquired Sports Innovation Lab, the leader in sports fan data. The acquisition fast-tracks the expansion of Genius Sports' media business, combining the most comprehensive official game data with the deepest fan intelligence available. Together, the two compa.

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