Synacor and Qumu Agree to Merger, Creating Global Leader in SaaS-Based Collaboration Software

All-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, NY, and Minneapolis, MN, February 11, 2020 – 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 on-demand video for the enterprise, today announced plans to combine in an all-stock transaction.
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Qumu Named a Leader in 2019 Aragon Research Globe for Enterprise Video

Analyst firm places Qumu in Leader section due to completeness of strategy and performance

Minneapolis, November 19, 2019 – Qumu, the leading provider of best-in-class video technology for the enterprise, has once again been named by Aragon Research as a Leader in the Aragon Research Globe for Enterprise Video. This year’s Aragon Research Globe evaluates 15 enterprise video platform vendors, and places each into one of four segments—Leader, Contender, Innovator or Specialist—based on dimensions of analysis which include performance, global reach and strategy-related criteria.

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Qumu Announces Major Feature Release for On Premise Enterprise Video Customers

Leading Enterprise Video provider releases VCC V10, adding self-service broadcasting, hybrid delivery, advanced analytics and intelligent distribution to list of key upgrades

Minneapolis, September 11, 2019 – Qumu, the leading provider of best-in-class video technology for the enterprise, has announced the release of Qumu Video Control Center (VCC) version 10—the customer-hosted version of Qumu’s intelligent Enterprise Video platform. This new release provides significant performance and capability upgrades for all Qumu on premise deployments, as well as a more secure, scalable and user-friendly platform for global organizations considering an enterprise video investment.

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Qumu Appoints Two New Executives to Lead Sales for the Americas and EMEA

Enterprise video leader hires Michele Thomas and Pete Blackhurst to accelerate revenue growth through direct sales and channel partners

Minneapolis, August 14th, 2019 – Qumu (NASDAQ: QUMU), a leader in enterprise video, announced it has appointed two new Vice Presidents, Michele Thomas and Pete Blackhurst, to lead its Sales and Channel teams in the Americas and EMEA respectively. The move is part of Qumu’s long-term strategy to give greater focus on each region, and accelerate new customer acquisition on a global scale.

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Qumu Signs International Partnership Agreement with London Startup CaptionHub

Enterprise video leader will leverage CaptionHub solution to deliver AI-powered video transcription, translation and subtitling to global customer base

Minneapolis, June 18th, 2019– Qumu, the leading provider of best-in-class video technology for the enterprise, recently announced the signing of an international reseller agreement with CaptionHub, a London-based AI startup. This newly formed agreement will make the world’s most advanced automated captioning technology immediately available to all Qumu customers across all deployment types—including Cloud, Cloud-Hybrid and On Premise.

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Qumu Wins 2019 Gold Stevie Award for Customer Service Department of the Year

Enterprise video leader takes top prize in 17th Annual American Business Awards® for customer service in the Computer Services category

Minneapolis, May 7th, 2019 – Qumu, the leading provider of best-in-class video technology for the enterprise, has been named the 2019 Gold Stevie® Award winner as Customer Service Department of the Year in the Computer Services category. This year marks not only the first Stevie for the Qumu Customer Success team, but also its first nomination for the highly competitive and internationally-recognized honor. Past winners have included Google, Optum Health, Zappos.com, Wyndham Resorts and Aflac.

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Qumu Ranked within the Three Highest Gartner Scores in Three Use Cases for Enterprise Video Content Management

Leading analyst firm places Qumu within the 3 highest scores for enterprise video content management solutions

Minneapolis, April 3rd, 2019 – Qumu, the leading provider of best-in-class video technology for the enterprise, has been rated by Gartner within the three highest scores for enterprise video content management solutions for three use cases. The 2019 Gartner Critical Capabilities for Enterprise Video Content Management report covers 13 vendors, and scores them against a set of selected use cases—including Internal Executive Messaging, Internal Training, Internal Collaboration and External Video for Sales.

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Qumu Announces Intelligent Video Platform as Next Generation in Enterprise Video Technology

Leading Enterprise Video provider cites intelligence-based management of inbound and outbound corporate video as new standard for Global 2000 companies

Minneapolis, February 12, 2019 – Qumu, the leading provider of best-in-class video technology for the enterprise, has announced its next generation enterprise video technology platform. This new platform uses built-in intelligence to autonomously manage and optimize all inbound and outbound corporate video streams, creating the first true video-aware network for the enterprise.

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Qumu Named a Contender in 2019 Aragon Research Globe for Web and Video Conferencing

Leading analyst firm places Qumu in Contender section due to performance, completeness of strategy and global reach

Minneapolis, January 30, 2019 – Qumu, the leading provider of best-in-class video technology for the enterprise, has been named by Aragon Research as a Contender in the 2019 Aragon Research Globe for Web and Video Conferencing. This Aragon Research Globe covers 20 web and video conferencing vendors, and places each into one of four segments—Leader, Contender, Innovator or Specialist—based on dimensions of analysis which include performance, global reach, and strategy-related criteria. Other companies covered in this Research Globe include Cisco, Microsoft, Zoom, Google and Adobe.

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British Telecom Selects Qumu as Strategic Vendor for Worldwide Enterprise Video Streaming

Multinational telecommunications leader will resell Qumu platform globally, deploy Qumu hybrid cloud as video collaboration services backbone

London, December 05, 2018 – Qumu, the leading provider of best-in-class video technology for the enterprise, has been selected by British Telecom (BT) as the company’s strategic vendor for enterprise video streaming. This new partnership will add the Qumu video platform to BT Global Services’ world-class Collaboration and Unified Communications portfolio to create a true, end-to-end enterprise video solution offering for BT clients.

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