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Broadband

Synacor agrees merger with Qumu, sees USD 4-5 million annual operating synergies

Tuesday 11 February 2020 | 14:02 CET | News
Cloud software and services supplier Synacor has announced an all-stock merger with Qumu, which provides video distribution and measurement tools. They will bring together Qumu's enterprise video platform with Synacor's Cloud ID identity and access management platform, and the Zimbra e-mail and collaboration platform.  The merger should close in mid-2020 and create a global, SaaS-based collaboration software-focused business, with significant operational synergies and cross-selling opportunities.

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Categories: Internet
Companies: Qumu / Synacor / Zimbra
Countries: World
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