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Anystream Buys Lectopia; Spins Off Education Division

By Rafat Ali - Mon 27 Aug 2007 10:01 AM PST

Online video solutions firm Anystream has bought Lectopia from the University of Western Australia.  Sterling, Virginia-based Anystream’s education division, Apreso, and Lectopia, which digitally captures lectures, will re-emerge this fall as Echo360, separating Anystream’s media and education units. Financial details were not disclosed.

Echo360 captures classroom audio, video and projected visual aids, and makes it viewable from any computer. Mobile students can then download lectures to their iPod or MP3 player. More in release.

Anystream, founded seven years ago, has clients such as Scripps Networks, AccuWeather, Reuters, MLB.com and SPEED. It recently announced Former top AOL executive and Softbank partner Fred Singer as its new CEO. He gave up his role at as a senior adviser to Softbank Corp.’s CEO Masayoshi Son, as well as board seats with DoubleClick (being bought by Google) and Motley Fool, reports Washington Biz Journal. He previously was a SVP at AOL and COO of the company’s AOL Studios/Interactive Services and ICQ. Softbank Capital and SCP Partners have invested more than $44 million into Anystream since 2000.

Posted in: Broadband, VC+M&A


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paidContent.org, flagship of the ContentNext Media network, provides global coverage of the business of digital content.

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