Via News Release
“Minneapolis, MN – June 17, 2013 – Rimage Corporation (NASDAQ: RIMG), the leader in secure multimedia content management and delivery solutions, today announced that it will change its name to Qumu Corporation. The change will take effect in the third quarter of 2013.
The name change reflects the company’s ongoing commitment to the growing multi-billion dollar market for enterprise video and rich content. Rimage’s Qumu business is demonstrating success in this market, and has been recognized by Forrester Research, Inc., as a Leader in The Forrester Wave™: Video Platforms for the Enterprise, Q1 2013 report. Revenue for the Qumu enterprise software business is expected to grow by more than 50% in 2013.”