Report: Vidmind Acquired For $2.4M By Teddy Sagi

February 18, 2015 | According to a “Calcalist” report, Teddy Sagi’s group is in talks to purchase the Israeli company Vidmind for $2.4 million. The CEO of the company, Danny Peled, will continue to lead the company. In addition, Sagi’s group has earmarked $5 million to continue developing Vidmind’s business, which focuses on an over-the-top video experience, offering up and open platform. The company will continue to employ up to thirty individuals. Vidmind was founded in 2011 by Dov Brand, Ofer Herman, Dror Kraus and Danny Peled.