Enghouse Systems Limited (TSX: ENGH) today announced it has successfully completed its acquisition of Qumu Corporation (NASDAQ: QUMU). Under a December 19, 2022 agreement, a wholly owned subsidiary of Enghouse completed a previously announced tender offer for all the outstanding shares of Qumu for US$ 0.90 per share in cash, resulting in a total equity value of approximately US$18.0 million. Subsequently, the Enghouse [...] The post Enghouse Buys Qumu Corporation appeared first on EnterpriseTalk.
Qumu is a Minnesota-based enterprise video platform that offers solutions including video distribution and measurement for industries such as healthcare and finance.