On May 11, 2021, Verbit Inc., an internet company that specializes in combining human and artificial intelligence to provide transcription and captioning solutions, completed the acquisition of VITAC, the largest provider of captioning products and solutions in North America.
This acquisition will position Verbit as the number one player in the professional transcription and captioning market across legal, media, education, government and corporate sector.
Fasken, with a team comprised of Brad Freelan, Neil Kravitz, Oleg Stratiev, Rhonda Grintuch, Laura Fabi, and Florence Longval, acted as Canadian legal counsel to Verbit in connection with this acquisition.Jurisdictions
- Québec
- Ontario
