Veritone + PandoLogic Definitive Agreement to Acquire

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What was announced?
Veritone announced a definitive agreement to acquire<a href="https://www.pandologic.com"> PandoLogic</a>, an AI-enabled recruiting platform.
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When will the acquisition of PandoLogic be completed?
The close is expected to be in late Q3, 2021.
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Will PandoLogic’s name change? 
No, PandoLogic’s name will remain the same for the foreseeable future.
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Who is PandoLogic?
PandoLogic enables employers to source quality applicants faster and more efficiently through the use of big data, artificial intelligence, and proprietary campaign algorithms that fully-automate and optimize the job advertising process from job classification and targeted distribution to budget allocation and dynamic bidding across diverse job categories. The PandoLogic talent acquisition solutions connect publishers, employers, job board operators and job seekers across a shared talent network using the most advanced programmatic platform available. Since 2007, over 125,000 employers and more than 700 digital publishers have benefited from PandoLogic&#8217;s programmatic solutions resulting in over 5.4 billion programmatic job campaigns based on more than 199 billion historical job performance data points. To learn more visit <a href="https://www.pandologic.com/">PandoLogic.com</a>.
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Who is Veritone?
Veritone (NASDAQ: VERI) is a leading provider of artificial intelligence (AI) technology and solutions. The company’s proprietary operating system, aiWARE™, powers a diverse set of AI applications and intelligent process automation solutions that are transforming both commercial and government organizations. aiWARE orchestrates an expanding ecosystem of machine learning models to transform audio, video and other data sources into actionable intelligence. The company’s AI developer tools enable its customers and partners to easily develop and deploy custom applications that leverage the power of AI to dramatically improve operational efficiency and unlock untapped opportunities. Veritone is headquartered in Denver, Colorado, and has offices in California and London. To learn more, visit <a href="https://www.veritone.com">Veritone.com</a>.
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Who is Veritone One?
Veritone One is one of the world’s largest full-service performance-based audio advertising agencies, creating native and traditional ads for the world’s most recognizable brands. The agency’s expertise in media buying, planning and creative execution, coupled with its unmatched ability to track near real-time performance of advertisements through Veritone, Inc.’s proprietary aiWARE™ technology, enables Veritone One to deliver ads with unmatched effectiveness in a way that’s simple, scalable and trackable. Veritone One is a wholly-owned subsidiary of Veritone, Inc. (NASDAQ: VERI) and is headquartered in Costa Mesa, California. To learn more, visit <a href="http://www.veritoneone.com/">www.veritoneone.com</a>. 
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How will the acquisition impact PandoLogic customers?
Customers should see no impact as a result of this acquisition.
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How will the acquisition impact Veritone customers?
Customers should see no impact as a result of this acquisition.
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How will the acquisition impact Veritone One customers?
Customers should see no impact as a result of this acquisition.
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Will the PandoLogic and Veritone products be integrated?
Not initially.
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Will my Veritone or PandoLogic account executive or customer success contact change as a result of the acquisition?
Your contacts will not change.
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Who will be managing our account?
Your account manager will remain the same.  
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As a PandoLogic customer, will my current agreement/contract be honored or will it need to be updated or changed to Veritone paper?
At this time there are no changes needed to your existing contract or agreement.
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We are in the contract phase of our buying process with PandoLogic, what will change as a result of this transaction ?
There are no changes to contracts or agreements at this time.
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Will the pricing model change as a result of this transaction?
There will be no changes to the customer experience or engagement as a result of this acquisition.
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 What are the benefits of the transaction for PandoLogic customers?
PandoLogic customers will benefit from the combined strength of PandoLogic’s AI powered recruitment platform, market expertise, coupled with the technical depth of Veritone and their market tested enterprise AI platform, aiWARE™. 
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We are a recruitment marketing agency who uses PandoLogic to place our job advertising. What will PandoLogic’s relationship to Veritone One be and will we become competitors when the transaction closes?
PandoLogic will operate as a wholly owned subsidiary separate from Veritone One. The two groups are not competitive with each other.
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How can I learn more about the transaction, and vision for the future combined organization?
<a href="https://investors.veritone.com/home/default.aspx">investors.veritone.com</a>
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Pandologic FAQs: Explore frequently asked questions about the Veritone and PandoLogic acquisition. Learn how AI optimizes recruitment processes for efficiency.