M&A

Genius Sports targets “transformative” technology in $200m Second Spectrum deal

Sports data giant builds on FanHub acquisition after going public with purchase of US-facing data tracking provider

Genius Sports has agreed a $200m (£143.6m) deal to acquire Los Angeles-headquartered data tracking provider Second Spectrum. The now publicly listed data giant confirmed the purchase price will be paid partly in cash and partly in shares of Genius Sports common stock. The acquisition is expected to close in Q2 and is the firm’s second…

Data | Genius Sports | M&A | Mark Locke | Second Spectrum | Sports betting | US

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