Lexmark Acquires Online Video Platform Provider Twistage

twistage_logo_pcEarlier today, Lexmark announced the completion of two acquisitions, including San Francisco based online video platform provider Twistage. The total acquisition price for both companies was approximately $31.5 million. I don’t remember the exact amount of funding Twistage had raised to date but it was small. Lexmark isn’t commenting on what value they placed on Twistage but I would guess it was $10M or less. I haven’t had the chance yet to speak with Twistage’s CEO but will update this post once I have more details.