Cinedigm Announces Agreement to Acquire Advanced Streaming Technology Platform Company FoundationTV
Cinedigm Corp - Class A (CIDM)
Last cinedigm corp - class a earnings: 2/13 04:05 pm
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Source: Accesswire
New Cinedigm India Division to Build New Global "Umbrella" Streaming Service Featuring all of Cinedigm's Enthusiast Channels and ContentNew Cinedigm Engineering and R&D Hub In India will also Develop New Streaming Technologies and Services for Booming Indian and South Asian MarketsLOS ANGELES, CA / ACCESSWIRE / March 8, 2021 / Cinedigm (NASDAQ:CIDM) announced today that it has reached an agreement to acquire FoundationTV, a comprehensive direct-to-consumer streaming technology, artificial intelligence, machine-learning, and data analytics platform company. Founded in 2013 by a team of computer and data scientists from Apple, Oracle, NEC, and Yahoo, with extensive expertise in streaming media, big data, AI, cloud, and distributed systems, the Silicon Valley and India-based company built the FoundationTV streaming platform with a focus on enabling highly personalized streaming services that can operate on a global scale. The company co-developed the Matchpoint technology platform that c
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