Sonic Foundry, Inc. (NASDAQ: SOFO), the trusted leader for video content
management and webcasting
solutions, today announced it has completed its acquisition of Mediasite
K.K., the market leading enterprise video providers in Japan.
This announcement follows the signing of the definitive stock purchase
agreement with the shareholders of Mediasite K.K. to acquire the
remaining interest in the company, as well as the completion of the
acquisition of MediaMission in December.
Both Mediasite K.K. and MediaMission will be operated from their current
headquarters.
About MediaMission
The first European reseller for Mediasite by Sonic Foundry, MediaMission
(www.mediamission.nl)
is a master distributor of Mediasite for The Netherlands based in De
Bilt. In the last decade MediaMission has enabled Mediasite use at more
then twenty higher education institutions including 10 universities.
Together with clients, partners and preferred suppliers, the company
innovates existing infrastructure and assets for the easy production,
distribution and use of rich video. Because of it’s wide knowledge of
education, information transmittal, IT and comparative media studies,
MediaMission is in a unique position to make implementations of large
scale rich media presentations possible.
About Mediasite K.K.
Mediasite K.K. is a strategic partner of Sonic Foundry and the sole
distributor of Mediasite in Japan. As market leader with over 250
customers, including 100 from higher education, Mediasite K.K.'s mission
is to demonstrate the power of enterprise video creation and management
to more organizations in Japan.
About Sonic Foundry®, Inc.
Sonic Foundry (NASDAQ: SOFO) is the trusted market leader for enterprise
webcasting solutions, providing video
content management and distribution for education, business and
government. Powered by the patented Mediasite
webcasting platform and webcast
services of Mediasite Events, the company empowers people to advance
how they share knowledge online, using video webcasts to bridge time and
distance, enhance learning outcomes and improve performance.
© 2014 Sonic Foundry, Inc. Product and service names mentioned herein
are the trademarks of Sonic Foundry, Inc. or their respective owners.
Copyright Business Wire 2014