Frankly Completes Acquisition of Vemba Video Asset Management Platform

On August. 9, 2019 Frankly Inc. ("Frankly"), a Canadian company which provides a software platform for brands and media companies to create, distribute, analyze, and monetize their content on the web, mobile, and television, announced that it has purchased Vemba Corporation’s (“Vemba”) video asset management, syndication and monetization platform. Under the terms of the Asset Purchase Agreement with Vemba, Frankly acquired substantially all of the assets of Vemba for a purchase price consisting of cash and common shares of Frankly. Fasken advised Vemba Corporation with a team that included Kathleen Butterfield, Will Shaw, and Ryan Schnier.