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Markham Headquartered Enghouse Systems to Acquire Qumu Corporation Expanding its SaaS Enterprise Video Offering

Commenting on the acquisition, Steve Sadler, Chairman and CEO at Enghouse, said: “The combination of Qumu’s video creation, management and delivery solutions with Enghouse’s video collaboration and streaming products strengthens the position of both companies in a competitive space.”
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MARKHAM, Ontario & MINNEAPOLIS — Qumu Corporation, a leading provider of cloud-based enterprise video technology, and Enghouse Systems Ltd., a leading global provider of enterprise software solutions serving certain enterprise vertical markets, today jointly announced the execution of a merger agreement by which Enghouse will acquire Qumu.

Full Article: businesswire.com