We are thrilled to announce we have completed the buyout of PeerStream’s (now Paltalk’s) secure communications intellectual property and assets, which is the foundational tech and business relationships that I, Eric, our team built at PeerStream between 2017 to 2019.
These IP assets are a complement to our recent software development and allow us to fully own, develop and secure IP rights in the underlying technology supporting our products. We are weaving nearly three years of innovation and commercial success from PeerStream into our young company, elevating our product maturity and capabilities that we are excited to be bringing to market!
The link to the full text of the press release is below.