Vote Early, Vote Often. For Kids, Not Me

Vote Early, Vote Often. For Kids, Not Me
    

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Panopto Joins the Big Dollar Club and Preps for Growth

Panopto Joins the Big Dollar Club and Preps for Growth
    

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Today Seattle-based Panopto, provider of enterprise and education video solutions, announced that it has secured a $42.8 million financing round.  This follows two previous Series A and B rounds that totaled $8 million. 

Don’t Blink or You’ll Miss the Action in Streaming

Don’t Blink or You’ll Miss the Action in Streaming
    

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Some times of the year are better than others for pausing, taking a look around and taking stock of the change swirling around us.

New Year’s Day is always good for musing on the passage of time. Baseball’s spring training is an annual rite of optimism for what lies ahead. And – for me at least – back-to-school time represents yet another annual rite of passage that gets me noticing how the small moves we make every day somehow add up to massive transformations over time.

Cisco Layoffs from the Catbird Seat and Other Industry Musings

Cisco Layoffs from the Catbird Seat and Other Industry Musings
    

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On 17 August, Cisco reported $20.6 billion in revenues for calendar year 2016-Q2, which is the company’s fiscal Q4.  This sales number calculates to year over year growth of -2%, or +2% if you eliminate discontinued operations (e.g., service provider set top boxes).[1]  For reporting purposes, Cisco divides its business into nine segments, one of which is the Collaboration segment and which includes telephony, phones, Spark, WebEx, Jabber, and video conferencing (along with some other products and services

Cisco Delivers on Acano Acquisition with Cisco Meeting Server

Cisco Delivers on Acano Acquisition with Cisco Meeting Server
    

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Cisco announced this week the Cisco Meeting Server, a software product designed for installation on a customer’s premises, providing video conferencing, audio conferencing, web conferencing, recording, and more.  According to the company, Cisco Meeting Server is now its lead product for those seeking on-premises video bridging, essentially making obsolete its legacy Tandberg and Codian MCU platforms.

Kaltura Secures $50 Million Round -- Goldman Sachs is a Believer

Kaltura Secures $50 Million Round -- Goldman Sachs is a Believer
    

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Streaming platform vendor Kaltura on Monday said it has raised $50 million in “pre-IPO” financing from Goldman Sachs’ Private Capital Investing Group.

The investment tops the $47 million that Kaltura raised in 2014 and brings total investment in the video technology provider to $160 million. The valuation placed on Kaltura in this investment round was not revealed.

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Downdraft Hits ClearOne in Fiscal Q2 2016

Downdraft Hits ClearOne in Fiscal Q2 2016
    

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ClearOne reported revenues of $11.96M for the second quarter 2016, down over 14% year over year despite a nice pickup in their video business.  GAAP net income is also down significantly.  The company cited “global economic headwinds” as a major contributor to the situation, particularly in the U.S., Canada, China, Korea, and Japan.  ClearOne is clearly not the only vendor caught in the maelstrom, though our China-based vendor friends seem to be thriving.  ClearOne has announced multiple patent grants in the past half year as well as a slew of new products that have not yet

Logitech-Q2 2016 Financials

Logitech-Q2 2016 Financials
    

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Logitech reported better-than-expected financial results for its first fiscal quarter of 2017, with total sales of $480M, up 7% compared to the same quarter last year.  GAAP income doubled to $26M.

The Citrix-LogMeIn Merger: GetGoing or LogMeOut

The Citrix-LogMeIn Merger: GetGoing or LogMeOut
    

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After the market close on Tuesday, 26-July, Citrix and LogMeIn announced their intention to spin off Citrix’s “GoTo” offerings – dubbed “GetGo” – and merge it with LogMeIn, which markets join.me.  Citrix claims the transaction to be valued at ~$1.8 billion, with the resulting company generating over $1 billion in sales (~1/3 from LogMeIn, ~2/3 from GetGo). 

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Alan's not running for the highest office in the land (whew!)...
Posted: Wed, 2016-08-24 --- Content type: Blog Entries
Seattle-based Panopto, provider of enterprise and education video...
Posted: Wed, 2016-08-24 --- Content type: Blog Entries
Steve thinks enterprise streaming is in the midst of a change equal...
Posted: Tue, 2016-08-23 --- Content type: Blog Entries
On 17 August, Cisco reported $20.6 billion in revenues for calendar...
Posted: Fri, 2016-08-19 --- Content type: Blog Entries
Cisco announced its first product based on its acquisition of Acano...
Posted: Wed, 2016-08-17 --- Content type: Blog Entries
Posted: 29 Aug 2016 --- Source: Industry News Search
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Posted: 26 Aug 2016 --- Source: Industry News Search
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