.jpg)
Versant Media Group acquires StockStory, an AI-powered financial insights platform, to enhance CNBC’s data-driven capabilities and expand its digital offerings in business news and personal finance.
Versant Media Group, Inc. (NASDAQ: VSNT) has acquired StockStory, an AI-powered platform that delivers financial analysis, market insights, and stock recommendations. This strategic acquisition further strengthens Versant’s position in business news and personal finance while expanding its digital platform capabilities.
The acquisition aligns with Versant’s strategy to extend its core brands into new digital platforms and services. StockStory’s advanced AI-driven technology will integrate with CNBC to provide faster and more actionable financial insights, helping investors make informed decisions in real time.
“At Versant, we’re focused on extending our core brands into new platforms and services to drive growth across our portfolio,” said Deep Bagchee, Chief Product and Technology Officer for News at Versant. “This acquisition builds on that approach, adding capabilities that will enhance how we deliver insights and deepen engagement among retail investors across CNBC’s digital offerings.”
"We’re proud of what our team has built at StockStory - a platform combining AI and data-driven insights to help investors make better decisions," said Adam Hejl, Founder and CEO of StockStory. “We’re excited to join CNBC, a defining and deeply respected global brand, and contribute to its next chapter of digital growth."
StockStory’s technology combines scalable analysis of public companies with data, machine learning, AI, and editorial frameworks to generate high-quality investment insights. These capabilities will directly enhance the depth and quality of CNBC’s coverage in the competitive business news and personal finance space.
As part of the deal, Adam Hejl will join Versant Media Group and report to Deep Bagchee. The StockStory team will contribute to ongoing product and technology initiatives, with an initial emphasis on strengthening CNBC’s digital investing features.
This acquisition positions Versant to better serve retail investors through more sophisticated, AI-enhanced tools within its trusted media brands, particularly in SaaS-enabled digital platforms and technology-driven content delivery.
About Versant Media Group, Inc.
Versant Media Group, Inc. is an industry-changing media and entertainment business and home to trusted brands that shape culture, inform audiences, and build lasting connections. It operates in four core markets: political news and opinion; business news and personal finance; golf and athletics participation; and sports and genre entertainment.
TechIntelPro empowers B2B technology decision-makers with the latest industry trends, deep insights, leadership perspectives and actionable intelligence to drive both organizational and professional milestones—and thrive on the tech pulse.