Vinco Ventures (BBIG) Completes Acquisition of AdRizer

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Vinco Ventures Completes Acquisition of AdRizer, an AI-Powered Revenue Attribution and Audience Acquisition Ad Platform

February 16, 2022 7:00 AM EST

AdRizer to Power Advertising for Lomotif

FAIRPORT, NY., Feb. 16, 2022 (GLOBE NEWSWIRE) -- Vinco Ventures, Inc. (Nasdaq: BBIG) (Vinco) today announced it has completed the previously announced acquisition of AdRizer LLC (AdRizer), a provider of technology solutions that automate the use of artificial intelligence for digital advertising analytics and programmatic media buying, for consideration consisting of $38 million in cash paid at closing and up to 10 million shares of common stock of Vinco issuable on January 1, 2024. ZVV Media Partners, LLC (ZVV), a joint venture of Vinco and Zash Global Media and... More