Press Release

Ballard Spahr Represents Qumu Corporation in Acquisition by Enghouse Systems Limited

February 17, 2023

Ballard Spahr represented Qumu Corporation (NASDAQ: QUMU) in its recent $18 million acquisition by Enghouse Systems Limited (TSX: ENGH). The transaction was structured as an all-cash tender offer for Qumu shares followed by a merger.

Enghouse provides vertically focused enterprise software solutions focusing on contact centers, video communications, health care, telecommunications, public safety, and the transit market. Qumu is a platform to create, manage, secure, distribute, and measure the success of live and on demand video for the intelligent enterprise. Qumu is now a wholly owned subsidiary of Enghouse.

Securities and Capital Markets Partner April Hamlin led the Ballard Spahr team that represented Qumu. It included Partner Michael R. Kuhn and Associates Christian R. Barnes and Sarah B. Dannecker. All are members of the firm’s Business and Transactions Department and the Mergers and Acquisitions team.

For further information, please see Enghouse’s press release.

For media inquiries, please contact Will Ashenmacher at 612.371.5792.

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