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

BUFFALO, N.Y. & MINNEAPOLIS--(BUSINESS WIRE)--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.