TwentyThree acquired Buto, a UK enterprise video platform.

TwentyThree, a Copenhagen, Denmark-based company operating a video marketing platform business, announced that it acquired British enterprise video platform provider Buto.

Financial details of the transaction remained undisclosed. As part of the acquisition, all Buto customers will transition to the TwentyThree video marketing platform. Support for the Buto platform will end as of summer 2020

TwentyThree, founded in 2006 and led by CEO Thomas Madsen-Mygdal, built a video marketing solution that helps marketing teams to integrate and add video to their marketing stack, running video for inbound, social, and demand generation.