{"id":195358,"date":"2020-12-14T09:00:08","date_gmt":"2020-12-14T14:00:08","guid":{"rendered":"https:\/\/staging.sportsvideo.org\/?p=195358"},"modified":"2020-12-14T09:33:11","modified_gmt":"2020-12-14T14:33:11","slug":"genius-sports-group-acquires-sportzcast-in-major-sports-data-deal","status":"publish","type":"post","link":"https:\/\/staging.sportsvideo.org\/2020\/12\/14\/genius-sports-group-acquires-sportzcast-in-major-sports-data-deal\/","title":{"rendered":"Genius Sports Group Acquires Sportzcast in Major Sports-Data Deal"},"content":{"rendered":"

Genius Sports Group \u2013 a provider of sports data and technology for the sports, betting, and media ecosystem \u2013 has entered into a definitive agreement to acquire Sportzcast \u2013 a U.S. manufacturer of sports scoreboard data distribution systems. Terms of the deal were not disclosed.<\/p>\n

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\"\"<\/a>Sportzcast\u2019s proprietary \u201cScorebot\u201d system links directly to existing event venue scoreboards to deliver accurate and official real-time game data in a universal data format. This data is critical to many in-venue and offsite applications, including sports production, broadcast, coaches\u2019 tool platforms, and sportsbooks. Through this technology, GSG will receive the highest quality sports data available, enabling Genius to enhance its customer propositions across its data, streaming and media businesses.<\/p>\n

\u201cAcquiring Sportzcast expands Genius\u2019 official data offering and relevance in the US and worldwide, making us even more compelling to sports leagues and federation partners,\u201d says Genius Sports CEO and co- founder Mark Locke<\/strong>. \u201cThis acquisition is yet another milestone in GSG\u2019s rapid, continued growth. We are excited to continue executing on our strategy by leveraging Sportzcast\u2019s incredible technology to scale our streaming and media businesses and bolster our core data products.\u201d<\/p>\n

Sportzcast has installed Scorebots, which are compatible with over 194 different scoreboard systems, in over 6,000 sports venues worldwide. Sportzcast\u2019s technology is essential to over 400 U.S. Colleges and Universities and over 50 live sports event streaming services.<\/p>\n

\u201cGenius is the ideal partner to accelerate our innovation and supercharge Sportzcast\u2019s global growth through its strong distribution network,\u201d says Sportzcast President Michael Connell<\/strong>. \u201cWe are thrilled to join the Genius team and offer exciting new capabilities for our customers and partners.\u201d<\/p>\n

On October 27, 2020, GSG entered into a business combination agreement (the \u201cBusiness Combination Agreement\u201d) with dMY Technology Group II, Inc. (the transactions contemplated by the Business Combination Agreement, the \u201cBusiness Combination\u201d). (. Upon the closing of the transaction, the combined company expects its ordinary shares and warrants to trade on the NYSE under the symbols \u201cGENI\u201d and \u201cGENI WS,\u201d respectively.<\/p>\n","protected":false},"excerpt":{"rendered":"

Genius Sports Group \u2013 a provider of sports data and technology for the sports, betting, and media ecosystem \u2013 has entered into a definitive agreement to acquire Sportzcast \u2013 a […]\n More<\/a><\/p>","protected":false},"author":8,"featured_media":195359,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_links_to":"","_links_to_target":""},"categories":[37,9248],"tags":[17169,9694],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.sportsvideo.org\/wp-json\/wp\/v2\/posts\/195358"}],"collection":[{"href":"https:\/\/staging.sportsvideo.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.sportsvideo.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.sportsvideo.org\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.sportsvideo.org\/wp-json\/wp\/v2\/comments?post=195358"}],"version-history":[{"count":2,"href":"https:\/\/staging.sportsvideo.org\/wp-json\/wp\/v2\/posts\/195358\/revisions"}],"predecessor-version":[{"id":195361,"href":"https:\/\/staging.sportsvideo.org\/wp-json\/wp\/v2\/posts\/195358\/revisions\/195361"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/staging.sportsvideo.org\/wp-json\/wp\/v2\/media\/195359"}],"wp:attachment":[{"href":"https:\/\/staging.sportsvideo.org\/wp-json\/wp\/v2\/media?parent=195358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.sportsvideo.org\/wp-json\/wp\/v2\/categories?post=195358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.sportsvideo.org\/wp-json\/wp\/v2\/tags?post=195358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}