Synacor

Synacor Inc.
FormerlyChek.com, MyPersonal
TypePrivate (since 2021)
Public (2012-21)
Nasdaq: SYNC (2012-21)
IndustryTechnology
Founded1998; 24 years ago (1998) in Buffalo, New York, U.S.
FounderGeorge Chamoun, Darren Ascone
Headquarters
Buffalo, New York
,
U.S.
Key people
  • Himesh Bhise (CEO)
  • William Stuart (CFO)
RevenueIncrease US$127.4 million[1] (2016)
Decrease US$−9.2 million[1] (2016)
Decrease US$−10.7 million[1] (2016)
Total assetsIncrease US$93.4 million[2] (2016)
Total equityDecrease US$39.6 million[2] (2016)
Number of employees
449[3] (2016)
Websitesynacor.com

Synacor Inc. is a technology and services company headquartered in Buffalo, New York. It provides managed portals and apps, advertising, email, authentication, and OTT video services. The company was founded in 1998 as Chek.com and changed its name to Synacor in 2001.[citation needed] Himesh Bhise currently serves as the CEO[4] and Tim Heasley currently serves as the CFO.[5] Beyond Buffalo, the company has offices in Boston, Dallas, London, New York City, Ottawa, Pune, Singapore, and Tokyo.[6] In 2012, Synacor became a public company (Nasdaq: SYNC) with an initial public offering (IPO) of $5.00 per share.[7] In 2015, Synacor acquired Zimbra, an open source email, calendaring, and collaboration software suite.[8] In the same year, Synacor acquired NimbleTV.[9] In 2016, Synacor displaced Yahoo! as the portal provider for AT&T[10] and subsequently lost this business back to Yahoo! only 3 years later in 2019. Synacor also provides authentication for HBO Go.[11] The company was taken private by investment company Centre Lane Partners in 2021 and delisted from the Nasdaq Global Market.[12]

History

In January 1998, George Chamoun and Darren Ascone, roommates at the University of Buffalo, founded Chek.com, a Buffalo-based email infrastructure provider.[13][14] It started as an affinity-branded free email provider, allowing users to create an email account at domains like Budweiser.com and Yankeesfan.net. Additionally, Chek.com provided a Business E-Communications product, allowing companies to outsource their email hosting to Chek.com, providing an outlet for businesses to maintain email and intranet systems internally. The stated aim of the outsourced email product was to allow smaller companies to present a professional image similar to larger, established companies.[15][better source needed]

Chek.com은 LAMP 테크놀로지 스택의 얼리 어답터로서 성장하는 PHP 커뮤니티의 주요 서포터였습니다.Chek.com(및 그 후 Synacor)는 몇 [15]년 동안 공식 PHP 웹 사이트를 호스팅한 후 미러링되었습니다.[16]

2000년, Chek.com는 샌프란시스코에 거점을 둔 포털 프로바이더인 My Personal과 합병하여 Synacor가 되었습니다.합병 후, Synacor는 ISP, 케이블 회사 및 통신에 맞춘 확장 제품 세트를 제공하기 시작했습니다.Synacor는 이메일을 호스팅하는 것으로 시작되었습니다.첫 번째 ISP는 Kmart였습니다.새로운 계약에 따라 BlueLight ISP 고객은 Synacor가 [17]호스팅하는 '마이블라이트' 브랜드 포털 및 웹 기반 이메일에 액세스할 수 있게 됩니다.

2003년에 Synacor는 중소규모 ISP에 서비스를 제공하기 시작했고, 이 서비스를 통해 당시 야후가 제공하는 것과 유사한 프리미엄 온라인 콘텐츠를 제공할 수 있게 되었습니다.Synacor는 고객이 서비스를 [18]운영하면서 경험한 등록, 권리 관리, 청구 등의 복잡성을 관리한다고 주장했다.이 기술은 결국 Synacor의 TV Everywhere 제품군이 [19]되었다.이 기술은 또한 Synacor은 ' 열린 인증 기술 위원회(OATC)과 케이블 TV와 통신 협회에서 마케팅(CTAM)[20]에 대한 오랜 참여 게다가를 통해Home-Based 인증에 대한 표준을 형성하는데 도움이 되게 되었으며, Synacor의 TV곳 곳에서 인증 제품 애플의 SSO에 도움이 되었다.[21]

Synacor는 원래 2007년에 Deutsche Bank와 Bear Stearns에 인수자로서 IPO를 신청했지만 2008년 10월에 신청에서 [22]손을 뗐다.IPO는 2011년 11월에 성공적으로 이루어졌으며 2012년 [7]초에 가격이 책정되었습니다.

2020년 2월, Synacor는 미네소타에 거점을 둔 Qumu Corporation과의 합병을 발표했다.주식 거래의 일부로서 Synacor의 주주들은 합병된 법인의 64%의 지분을 보유하게 되며, Qumu 투자자들은 36%[23]의 지분을 보유하게 된다.2020년 6월, 양사의 이사회는,[24] 합병을 실시하기 전에 종료하는 것에 상호 합의했습니다.

레퍼런스

  1. ^ a b c "CONSOLIDATED STATEMENTS OF OPERATIONS from Synacor Form 10-K, Fiscal Year Ended December 31, 2016". sec.gov. U.S. Securities and Exchange Commission. December 31, 2016. Retrieved August 2, 2017.
  2. ^ a b "CONSOLIDATED BALANCE SHEETS from Synacor Form 10-K, Fiscal Year Ended December 31, 2016". sec.gov. U.S. Securities and Exchange Commission. December 31, 2016. Retrieved August 2, 2017.
  3. ^ "Synacor Form 10-K, Fiscal Year Ended December 31, 2016". sec.gov. U.S. Securities and Exchange Commission. December 31, 2016. Retrieved August 2, 2017.
  4. ^ "Himesh Bhise: Executive Profile & Biography". Bloomberg. Retrieved July 17, 2017.
  5. ^ "Synacor Executive Officers".{{cite web}}: CS1 maint :url-status (링크)
  6. ^ "Synacor company profile". Craft Co. Retrieved July 17, 2017.
  7. ^ a b "SYNACOR, INC. (SYNC) IPO". Nasdaq. Retrieved July 17, 2017.
  8. ^ Nicastro, Dom. "Zimbra Acquired Again, This Time by Synacor". CMSWire.com. Retrieved July 17, 2017.
  9. ^ Spangler, Todd. "Synacor Acquires NimbleTV, Startup That Streamed Live TV Online". Variety. Retrieved July 17, 2017.
  10. ^ Holm, Erik. "Synacor Soars After Swiping AT&T Contract from Yahoo". The Wall Street Journal. Retrieved July 17, 2017.
  11. ^ Baumgartner, Jeff. "Synacor Nets HBO Go Authentication Deal". Multichannel. Retrieved July 17, 2017.
  12. ^ "Centre Lane Partners Successfully Completes Tender Offer for Shares of Synacor" (Press release). Synacor. Business Wire. March 31, 2021.
  13. ^ Miner, Dan. "Synacor founder George Chamoun will leave company later this year". Buffalo Business First. Retrieved July 17, 2017.
  14. ^ "Chek.com WHOIS, DNS, & Domain Info". DomainTools. Retrieved July 17, 2017. Creation Date: 1997-12-05T05:00:00Z
  15. ^ a b "Success@Chek.com; E-mail Idea Started in College Students' Basement Evolves Into One of the Top". PR Newswire Association. Retrieved July 17, 2017.
  16. ^ "PHP: Thanks". The PHP Group. Retrieved July 17, 2017.
  17. ^ "Former Chek.com gets blue-light special". Buffalo Business First. Retrieved July 17, 2017.
  18. ^ Ali, Rafat. "Synacor to Re-sell Online Multi-Media". Gigaom. Retrieved July 17, 2017.
  19. ^ Swisher, Kara. "Synacor to Offer TV Everywhere Authentication Via Social ID". AllThingsD. Retrieved July 17, 2017.
  20. ^ Phatak, Anand; Hoggan, Stuart; Rosenberg, Peter; Ace, Timothy; Brinkmann, Brian (2016). "Authentication and Authorization Interface 1.1 Specification". CableLabs. {{cite journal}}:Cite 저널 요구 사항 journal=(도움말)
  21. ^ Roettgers, Janko. "Apple TV Single Sign-In Not Supported by Every TV Operator". Variety. Retrieved July 17, 2017.
  22. ^ "Synacor Cancels IPO". PE Hub. Retrieved July 17, 2017.
  23. ^ "Synacor, looking for growth, agrees to a merger". The Buffalo News. Retrieved February 13, 2020.
  24. ^ "Synacor and Qumu Announce Mutual Termination of Merger Agreement". Business Wire. Retrieved June 29, 2020.