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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 tons of 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 stay streaming, multi-angle video recording, efficiency evaluation, VAR, content material monetization and rather more. PlaySight is linked all through the NBA, MLB, NHL and the NCAA.
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Slinger gives revolutionary, sport enchancment applied sciences and tools 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 mentioned, “It has been an incredible journey with an incredible group, and I imagine that Slinger is the precise 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 give attention to shopper and sports activities connectivity. Mike and his group have very daring aspirations to construct a number one world model powered by AI know-how, and we’re thrilled to hitch their group and add our capabilities and expertise. I imagine 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 the whole sports activities market.”
Slinger CEO Mike Ballardie mentioned, “PlaySight pioneered the deployment of AI video know-how and evaluation in tennis and different main sports activities and is now amongst the biggest know-how suppliers out there.Our aim is to create a full suite of ‘Watch, Play and Study’ options, the three largest industrial actions in each sport. To perform this, we’re constructing a 360-degree platform of services and products to satisfy the wants of our tennis customers at the moment, and for different main sports activities over the following 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.
Revealed by Globes, Israel enterprise information – en.globes.co.il – on October 12, 2021
Copyright of Globes Writer Itonut (1983) Ltd. 2021
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