Streamelements

The American company Razer has acquired the assets of the Israeli startup StreamElements. Once one of Israel's fastest-growing companies during the pandemic, it faced market shifts and was sold at a loss.

Hailo and StreamElements, which raised a combined total of about half a billion dollars, were recently sold in fire sales. This reflects the collapse of the "growth at any cost" model in the Israeli high-tech sector.

Gaming giant Razer has announced the acquisition of assets from the streaming platform StreamElements. The deal follows months of severe financial instability and the threat of insolvency for the service.