Shares of Kaltura Inc (KLTR) are trading 10% higher at a price of $2.595 at the time of this writing.
Kaltura stock gained 6.4% postmarket on Thursday after the company shared a new offer by video platform operator Panopto to acquire them for $436.1M. The move would enhance Panopto's ability to offer tools to customers.
Kaltura Inc has been trading between a 52-week high of $14 and a 52-week low of $1.32. The stock has a market cap of $331 Million.
Kaltura is a cloud-based video experience company that offers tools and services to broadcasters and content creators around the world.