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2021-04-15 15:41:00| socalTECH.com - Southern California High Tech News

Los Angeles-based TrillerNet, the parent company of social video app developer Triller, has acquired two companies, including a live event and pay-per-view (PPV) company, and a conversational artificial intelligence (AI) company. According to TrillerNet, it acquired FITE, a global live-event and Pay-Per-View, SVOD and AVOD and streaming platform for sports and entertainment, and separately, also acquired Amplify.ai, a developer of conversational AI tools for brands and others. Financial terms of the two deal were not announced. TrillerNet is led by Bobby Sarnevesht and Ryan Kavanaugh. Triller's platform competes with TikTok, and allows users to post social videos to followers.

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