Tag: Verbit

Verbit Acquires Media Services Provider, Take 1

Verbit, a leading provider of voice AI transcription and captioning solutions, announced today it has acquired Take 1, a leader in transcription, access and localization services for the media and entertainment sector, headquartered in the UK.

Verbit to lay off 10% of its workforce

Verbit is undergoing an organizational change involving about 50 layoffs in the U.S. and 30 in Israel. It will employ a total of 520 employees following the cutback, 50 more than it had when it announced its latest funding round.