Client Stories

Qumu Corporation

When Rimage Corp. changed its name to Qumu Corporation, the new name brought with it a new business priority for the company: transitioning from its legacy CD, DVD, and Blu-ray publishing, archiving, duplication and CD printing business to focus exclusively on a new cloud-based enterprise video platform. Qumu sought the counsel of Lindquist & Vennum to maximize for its shareholders the value of the disc publishing operations and sell them to a subsidiary of Equus Holdings, Inc. Lindquist served as Qumu’s deal counsel in the $23 million transaction, while also providing benefits and tax advice.

“Qumu’s strategic planning is executed with admirable finesse. The re-tooled company has a bright future.” — Chuck Moorse

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