Visicom Media Inc. acquires Manycam LLC, a developer and distributor of webcam driver software.
BROSSARD, QC. (PRWEB) October 02, 2013
Visicom Media Inc.announced that it has acquired the assets of ManyCam LLC, a developer and distributor of virtual webcam driver software.
Manycam’s software technology allows users to have the ability to utilize their webcams with multiple chat applications, such as Skype, MSN, or Youtube, all simultaneously. Users are provided the ability to superimpose thousands of webcam effects and custom graphics inside any webcam application, such as changing the appearance of their face, eyes, hair, backgrounds and more. Users can also draw over video windows, create their own custom webcam effects and graphics, and modify live audio, by modifying voice or improving audio quality. For professionals, Manycam allows users to quickly switch between video and audio sources, enabling them to live stream using Manycam’s video production software.
“We are excited about the opportunity of working with Visicom Media Inc. and believe that Manycam has found a good home with the people at Visicom”, said Jon Hundley and Anton Bondar, co-founders of Manycam LLC. “We believe that Visicom will take the company to the next level and are excited to see what they will do next”.
“The acquisition of Manycam is an important piece to our growth strategy, as we are looking to acquire companies that fit well with our existing portfolio of Internet application products”, said Patrice Carrenard, CEO of Visicom. “We are excited about the prospects that Manycam brings to our company and believe it will bring a lot of value to our users worldwide”.
The acquisition of Manycam expands Visicom’s suite of award-winning Internet applications, which provides users with innovative and effective tools to navigate, search, and monetize the Internet. Manycam’s technology will complement Visicom’s current vast collection of Internet application offerings and increase their international user base.
IJW Management Inc. acted as the exclusive financial adviser to Visicom Media Inc., and Blue HF and Strasburger & Price, LLC were legal advisers. Moster, Wynne & Ressler acted as legal advisers to Manycam, LLC.
About Visicom Media Inc. (http://www.vmn.net)
Established in 1996, Visicom Media Inc. is a leading developer and pioneer of Internet application technologies, helping companies and organizations monetize and drive traffic on the web. Over the years, Visicom has partnered with some of the largest and most recognized brands in the world for the distribution, development and marketing of their vast array of Internet application solutions.