Brief: Enghouse Systems To Acquire Qumu For $18 Mln, Expands Its SaaS Enterprise Video Offering

Enghouse Systems

19/12/2022 12:32

Dec 19 (Reuters) - Enghouse Systems Ltd  ENGH.TO :
    * ENGHOUSE SYSTEMS TO ACQUIRE QUMU CORPORATION IN ALL-CASH
TRANSACTION EXPANDING ITS SAAS ENTERPRISE VIDEO OFFERING
    * ENGHOUSE SYSTEMS LTD - TOTAL DEAL VALUE OF APPROXIMATELY
US$18.0
MILLION
    * ENGHOUSE SYSTEMS LTD - WILL COMMENCE A TENDER OFFER FOR
ALL
OUTSTANDING SHARES OF QUMU FOR US$0.90 PER SHARE IN CASH

Source text for Eikon:  ID:nPn2vlQPha 
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 ((Reuters.Briefs@thomsonreuters.com;))