8BY8’s cloud-based video infrastructure strengthens Sportlogiq’s position in integrated video and data solutions worldwide.
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MONTREAL, QC, November 6th, 2024
Sportlogiq, a leading provider of AI-powered sports analytics, is excited to announce its acquisition of 8BY8, a pioneer in cloud-based video infrastructure solutions for sports.
Founded in 2019, 8BY8 empowers sports organizations with a fully integrated suite of video products that combines multiple video angles, data streams, and audio sources for easy digestion. Their platform is trusted globally, enhancing officiating reviews, coaching analysis, and player health and safety measures.
From Sportlogiq’s CEO:
“The acquisition of 8BY8 represents a significant step toward Sportlogiq’s goal of providing the most comprehensive sports analysis tools on the market,” said Mitchell Wasserman, CEO of Sportlogiq. “As we move forward, our collaboration with 8BY8 will open new avenues for innovation, enabling our clients to unlock even greater insights and improve decision-making in the future.”
Soccer stakeholders and match officials leverage 8BY8’s data-driven workflows to streamline analysis, access key video insights, and enhance match preparation.
Sportlogiq’s flagship products and services in hockey are trusted by 31 NHL teams and over 150 hockey organizations worldwide. Sportlogiq’s patented, AI-driven data collection process provides high-precision tracking data and physical metrics to organizations at scale. Distribution partnerships with leading sports technology companies ensure that Sportlogiq’s data is widely available and actively used by soccer organizations globally, as well as many NFL and NCAA programs in football.
With the addition of 8BY8’s video infrastructure, both Sportlogiq and 8BY8 clients are poised to experience improved solutions that seamlessly integrate video and data, providing a comprehensive view of organizational performance.
From 8BY8’s founders:
“Joining forces with Sportlogiq allows us to expand our reach and enhance the services we offer to sports federations, leagues, and organisations globally,” said Kit Stormont, co-founder of 8BY8. “We’re excited to bring together the best of both worlds—high-quality video and powerful analytics—to create new opportunities for innovation in sports performance analysis,” added co-founder Jamie Carter.
About 8BY8:
8BY8 is a leader in video infrastructure solutions for the sports industry, providing a cloud-based platform that enables sports teams and leagues to capture, analyze, and share video content with ease. Trusted by soccer and basketball organizations worldwide, 8BY8’s video workflows enhance officiating, coaching, player health and safety, and media production. For more information, visit www.8BY8.io.
Full Court Capital Securities LLC, a boutique investment bank focused on the sports technology sector, served as financial advisor to 8BY8 Video, Ltd.
About Sportlogiq:
Sportlogiq specializes in advanced analytics and tracking data services for various sports, focusing on ice hockey, soccer, and American football. Using patented computer vision technology, Sportlogiq extracts data from every frame of game video, offering teams, coaches, and analysts a deeper understanding of player performance, team strategies, and game dynamics through comprehensive data, insights, and visualizations. For more information, visit www.sportlogiq.com.
All Media inquiries can be directed to:
Danny White, Marketing Manager, Sportlogiq
danny@sportlogiq.com