ON24 acquires video software company VIBBIO, shares up

ON24

21/04/2022 17:00

** Shares in sales and marketing platform for digital
engagement  ONTF.N  up 2% at $13.79
    ** ONTF says it has acquired VIBBIO, a cloud video software
company that enables businesses to create and edit videos 
    ** Financial terms not disclosed
    ** San Francisco-based ONTF says acquisition funded through
cash on balance sheet    
    ** ONTF shares down 21.9% YTD

 (Reporting by Sonia Cheema)
 ((Sonia.Cheema@thomsonreuters.com))