Transaction: BWB advised Access Innovation Media UK Limited, a subsidiary of Access Innovation Holdings Pty Limited, an Australian and UK-based speech-to-text technology developer on an investment by Nesta Impact Investments. Ai-Media and Nesta are continuing to explore the use of real-time captioning and transcripts of lessons to assist with teachers’ professional development.
Client: Ai-Media is a social enterprise delivering access services to media, education and corporate clients to ensure content is accessible for people with disabilities. Ai-Media’s online, real-time captioning service - Ai-Live - is available for people in a school, university, workplace and conference environment.
Observations: This deal further cements BWB’s relationship with Access Innovation, having already advised on the company’s acquisition of Bee Communications Limited earlier in the year. It further demonstrates our commitment to the technology and social impact space.
Posted on 16/10/2014 in Corporate & CommercialBack to Knowledge