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Anystream Buys Lectopia; Spins Off Education Division

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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.

SEE ALSO: Anystream Buys Cauldron Solutions; Raises $7 Million

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.

Aug 27, 2007 12:01 PM ET

Posted In: Technologies / Formats, Broadband

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