Signiant Inc increases the functionality of its Software Defined Content Exchange (SDCX) SaaS platform with the acquisition of Lesspain Software. The German based company, will provide embedded media processing software and the desktop application Kino. Some good news for the one million users of the platform that connects Media & Entertainment companies of all sizes.
The acquisition will not change the Lesspain’s headquarters, that will remain in Germany. Signiant has plans to increase its development organization in this country. With a good experience in the M&E industry, Signiant’s SDCX platform provides the connective fabric between globally distributed content repositories.
These move in the market was commented by Margaret Craig, CEO of Signiant. “Signiant is executing a true platform strategy by targeting software companies with complementary functionality that can be transformed into cloud-native SaaS. Through adjacent acquisitions, these investments can now be leveraged to deliver the media-centric capabilities that our customers are clamoring for ⎯ all on a unified software platform.”
According to Robert Krüger of Lesspain, the decision to join forces with Signiant was clear. “We’re excited about the opportunity to become part of an innovative, customer-centric organization that is committed to the media industry. Our deep experience with content processing and management will enable meaningful contributions as the company continues to advance the SDCX platform vision beyond file transfer.”
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