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flag Kaltura acquired PathFactory for $22M to boost AI content tools, projected revenue of $181M–$184M in 2026.

flag Kaltura reported Q4 2025 revenue of $45.5 million, nearly flat year-over-year, with subscription revenue up 3% and record adjusted EBITDA of $6.3 million, more than double the prior year. flag The company announced a $22 million cash deal to acquire PathFactory, an AI-driven content orchestration platform, to expand its digital experience offerings. flag Full-year 2026 guidance projects total revenue of $181.2 million to $184.2 million, adjusted EBITDA of $12.7 million to $14.7 million, and low double-digit operating cash flow growth, despite expected M&T revenue declines and integration costs.

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