Qumu: Enghouse Systems to Buy Qumu Corporation

Enghouse Systems (TSX: ENGH), a Markham, Canada-based global provider of enterprise software solutions, intends to acquire Qumu Corporation (Nasdaq: QUMU), a Minneapolis, MN-based provider of cloud-based enterprise video technology. Under the terms of the agreement, Enghouse will commence a tender offer for all outstanding shares of Qumu for US$0.90 per share in cash, for a total equity value [...] The post Enghouse Systems to Buy Qumu Corporation appeared first on FinSMEs.