Codemill buys Cantemo and integrates its asset management software
Codemill has announced the acquisition of Cantemo AB. Therefore, The MAM software Cantemo Portal will be integrated with Accurate.Video product suite and Accurate Player SDK from Codemill.
Cantemo Portal is a scalable and modular MAM solution that provides fast search and playback. The closing of the deal coincides with the Initial Public Offering (IPO) of Codemill onto Nasdaq First North Growth Market, planned for mid-June.
Rickard Lönneborg, CEO, Codemill, commented: “We have worked closely with Parham and his team for many years, successfully developing and supporting Portal systems for leading Media & Entertainment companies all over the world. Together with our Accurate.Video software and Accurate Player SDK, we have highly complementary solutions, which together with Portal – offer even more building blocks to our clients, for custom Media Asset Management and Content Supply Chain workflows.”
Parham Azimi, Co-founder and outgoing CEO, Cantemo and CEO, iconik, added, “When we launched Cantemo, we invested all our time and energy into creating a leading product and world-class team. Now it is time for us to step down and focus on the next chapter in the form of iconik. With its deep knowledge of Portal software, combined with its world leading expertise in custom software development for advanced media workflows, we cannot see a better owner of the company than our friends at Codemill.”