Powtoon gets Showbox.com to extend its video-creation platform

Powtoon, an online platform that allows its users to easily create videos for digital marketing, YouTube ads or business presentations, today announced that it has acquired Tel Aviv-based Showbox.com, a cloud-based video-editing platform for amateurs that had raised $12.4 million before this acquisition and currently holds six video technology patents. Powtoon, which says that it…

How Advanced Technologies May Improve Audit Quality

An overwhelming number of finance leaders say their external audit benefits from the use of advanced technologies, like the cloud, artificial intelligence (AI), and data and analytics. In fact, in a recent Forbes Insights/KPMG survey of 250 corporate finance executives, more than 94% said these technologies improve audit quality. AI can also monitor external data…

JibJab, one of the first ridiculous selfie video makers, gotten by private equity company Catapult Capital

JibJab, one of the first companies that let people insert selfies into videos, gifs and e-cards, has been acquired by Catapult Capital. The Los Angeles-based private equity firm announced the deal today, but did not disclose financial terms. A portion of financing was provided by investment firm Cloud Capital. According to Catapult Capital’s site, it…