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Latitude Communications Acquires Wanadu, Inc.
PR Newswire
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April 17, 2003
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COPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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Latitude Communications , a leading provider of secure, integrated rich-media conferencing solutions, today announced that it has entered into an agreement to acquire the assets of Wanadu, Inc., a privately held, Los Altos, California based developer of Flash-based content creation, management and delivery products. The acquisition is a key step in Latitude's strategy to build and offer rich-media conferencing solutions that integrate voice, Web, video and instant messaging technologies.
Latitude will acquire Wanadu's assets in exchange for cash and a percentage of ...
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