Qumu Appoints Veteran Technology Executive TJ Kennedy as President and CEO
Minneapolis, MN – July 17, 2020 – Qumu Corporation (Nasdaq: QUMU), the leading provider of best-in-class video technology for the enterprise, today announced that its Board of Directors has appointed technology executive TJ Kennedy as its new President and Chief Executive Officer, effective July 20, 2020. Mr. Kennedy will succeed Vern Hanzlik, who has stepped down as President and Chief Executive Officer and as a director of the Company, effective immediately, to pursue other interests. Mr. Kennedy’s election to the Board of Directors will become effective concurrently with his appointment as Chief Executive Officer.
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Synacor and Qumu Announce Mutual Termination of Merger Agreement
BUFFALO, NY, and Minneapolis, MN, JUNE 29, 2020 – Synacor, Inc. (Nasdaq: SYNC), a leading provider of cloud-based Collaboration and Identity Management software and services serving global enterprises, video, internet and communications providers, and governments, 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 that the companies have mutually agreed to terminate their proposed all-stock merger agreement, previously announced on February 11, 2020.
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Qumu Wins Second Consecutive Stevie Award for Customer Service Department of the Year
Enterprise video leader once again recognized for superior customer service by American Business Awards®
Minneapolis, May 19th, 2020 – Qumu, the leading provider of best-in-class video technology for the enterprise, has been named the 2020 Silver Stevie® Award winner as Customer Service Department of the Year in North America. This year marks not only the second consecutive Stevie Award for the Qumu Customer Success team, but also its second consecutive nomination for the highly competitive and internationally-recognized honor. Past winners have included Google, Optum Health, Zappos.com, Wyndham Resorts and Aflac, with the Gold Stevie going to Qumu in 2019.
Use of Qumu Cloud Spikes as Enterprises Transition to Video Communication in Response to COVID-19 Restrictions
Usage of Leading Video Platform Up More than 30x in Peak Times, as Organizations Rush to Replace In-Person Internal and External Communication with Video
Minneapolis, March 31, 2020 – Qumu, the leading provider of Enterprise Video as a Service (EVaaS)™ technology for the intelligent enterprise, revealed the use of its, cloud-based enterprise video solution is up over 30x from normal levels during peak business hours. This increased usage is a result of the company’s Global 2000 customer base mobilizing to support thousands—and in many cases tens of thousands—of concurrent video users, as they operate under travel restrictions and mandatory work-at-home policies.
Qumu Converts Scheduled Customer Summits to Virtual Events
US and EMEA Summits Originally Planned for May of 2020 Will Be Delivered Via Qumu’s Cloud-Based Enterprise Video Platform
Minneapolis, March 24, 2020 – Qumu, the leading provider of Enterprise Video as a Service (EVaaS)™ technology for the intelligent enterprise, announced today that it will be converting its upcoming Customer Summits for both US and EMEA customers into virtual events, due to guidance and travel restrictions related to the Coronavirus (COVID-19). The company also announced it will be delivering both events on their previously scheduled May of 2020 dates, using its own cloud-based video collaboration platform.
Qumu Named a Contender in 2020 Aragon Research Globe for Web and Video Conferencing for Second Straight Year
Enterprise Video as a Service™ platform expands reach of video conferencing, enables large-scale crisis communication, and helps organizations minimize business travel
Minneapolis, March 3, 2020 – Qumu, the leading provider of Enterprise Video as a Service (EVaaS)™ technology for the intelligent enterprise, has once again been named by Aragon Research as a Contender in the 2020 Aragon Research Globe for Web and Video Conferencing. The Aragon Research Globe covers 19 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 year’s Research Globe include Zoom, Cisco, Google and Microsoft.
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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.
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.
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.