Co. boosts Screenblast, will focus on Mediasite Live
Sony closed its $19 million deal to buy the desktop music- and video-creation software programs of Sonic Foundry.Company also said it will keep the Acid, Sound Forge and Vegas product lines going as stand-alone programs, with the 70 or so former Sonic Foundry workers remaining in their Madison, Wis., offices. Sonic Foundry had created two private-label versions of its programs for Sony’s Screenblast online service beginning in 2001, leading to the purchase of the units by Sony Pictures Digital. New versions of the Screenblast MovieStudio and Screenblast Acid 4.0 software are due in stores this month. Sonic Foundry will focus on developing its Mediasite Live software, a so-called rich-media communications system used by education, government and corporate customers for training, Webcasting and similar tasks.