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Salt Lake Tribune · Aug 15, 2018

Facebook acquires Vidpresso, Ogden tech startup that adds interactive elements to online video

(image courtesy Vidpresso) The logo for Vidpresso, an Ogden tech startup whose technology helps video content makers add interactive elements to their videos.A Utah startup has received the tech world’s version of the Golden Ticket: It’s been acquired by Facebook.

Vidpresso, a six-year-old Ogden company that makes it easier to use social media with live video, has been “acqui-hired” by Facebook, the industry site TechCrunch reported. That means Facebook is acquiring the company and hiring its seven employees.

Terms of the deal were not disclosed, and a Facebook spokesperson declined to comment beyond Vidpresso’s announcement.

Full story at Salt Lake Tribune

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