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Preston software firm on the acquisition trail after taking over London AI business

Posted on - 7th August, 2024 - 9:31am | Author - | Posted in - Bamber Bridge, Business, Preston News, South Ribble Locations, South Ribble News
The Viddyoze team has been on the acquisition trail. Pic credit: Viddyoze.

A Preston-based software firm has bought a London AI business as its growth continues.

Viddyoze, which has an office close to M6/M65 interchange at Bamber Bridge, has acquired Summify, whose technology can transcribe and repackage video and audio files into new content.

Founded in 2015 by Jamie Garside, David Chamberlain, and Joey Xoto, Viddyoze is an online video creation app that allows anybody to create video content, regardless of their technical expertise, videography skills, or marketing experience.

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The Viddyoze founders, who met by chance at an industry event, hit it off over their mutual passion for online marketing.

They discussed how they could combine their diverse set of skills to change the future of video marketing. 

David said: “We’re delighted to have acquired Summify. It’s part of our strategy of buying products that we think we can take forward. We’ll either integrate their software with our own products  or keep them as a standalone.”

With its original base by the Docks in Preston, the firm moved to Bamber Bridge in 2018.

By 2021, Viddyoze served over 180,000 users and continued to grow, evolving into a tool that let users create almost any type of video asset they need for their business.

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