Synacor (SYNC) and Qumu (QUMU) Announces Merger
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Synacor and Qumu Agree to Merger, Creating Global Leader in SaaS-Based Collaboration Software
February 11, 2020 7:05 AM ESTAll-Stock Transaction to Enhance Financial Scale; Estimated $70 Million of Software Revenue with $50 Million Recurring
Provides Strategic Opportunities to Accelerate Revenue Growth, Increase Operating Efficiencies and Open New Sales Channels
BUFFALO, N.Y. & MINNEAPOLIS--(BUSINESS WIRE)-- Synacor, Inc. (Nasdaq: SYNC), a cloud-based software and services company serving global video, internet and communications providers, device manufacturers, governments and enterprises, and Qumu Corporation (Nasdaq: QUMU) a leading provider of tools to create, manage, secure, distribute and measure the success of live and... More
