Acquisition History / Twitter / Magic Pony Technology
Twitter Acquires Magic Pony Technology
Announced June 20, 2016 — $150M
What happened
A UK company using neural networks to improve images and video.
- Acquirer
- Target
- Magic Pony Technology
- Announced
- June 20, 2016
- Price
- $150M
- Industry
- Advanced video upscaling, compression and enhancement
By the numbers
Frequently Asked Questions About This Acquisition
When did Twitter acquire Magic Pony Technology?
Twitter acquired Magic Pony Technology on June 20, 2016. This was Twitter's 53rd publicly tracked acquisition out of 70 we have on record.
How much did Twitter pay for Magic Pony Technology?
Twitter paid $150M for Magic Pony Technology.
What does Magic Pony Technology do?
A UK company using neural networks to improve images and video.
What other Advanced video upscaling, compression and enhancement companies has Twitter acquired?
Magic Pony Technology is Twitter's only publicly tracked acquisition in Advanced video upscaling, compression and enhancement so far.