Sonic Foundry Acquires Jedor

Madison, Wisconsin, based sound and media tool developer Sonic Foundry has entered into a definitive deal to acquire all outstanding shares of Canadian animation technology provider Jedor Inc. Jedor is the developer of Viscosity, a windows based animation and video authoring tool "The acquisition of Jedor represents a tremendous addition of technology to the Sonic Foundry product and service offerings," said Sonic Foundry CEO Rimas Buinevicius, "we expect the Jedor team will contribute immediately to our goal of becoming the pre-eminent media solutions company in the world." The transaction is subject to customary closing conditions and terms of the sale were not disclosed.