Big Changes at Rimage / Qumu

rimage now qumu copy

Qumu, formally known as Rimage, sold off all of its disc publishing assets to Minneapolis based Equus Holdings for and all cash deal of $23 million. This transaction is subject to certain closing conditions like shareholder approval and buyer financing

 Should be an interesting transition. We will keep you posted on how this may affect support of your current Rimage printers and duplicators.

 After listening to the conference call this morning it appears Qumu is relieved to divest the disc publishing business from their operations in order to focus all their efforts on their video streaming business.

Stay tuned for updates and relevant information related to the disc publishing and digital delivery market with Techware Distribution.

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