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January 25, 2007
Brainsonic Funded For Corporate TV Play
AXA Private Equity has taken a stake in corporate TV and audiocast enabler Brainsonic for an undisclosed amount. The French company said the capital will be used to invest in infrastructure and expand its already international corporate customer base. It is active in France, Belgium, Germany, The Netherlands and Switzerland and lists customers, such as ABN Amro, Adobe Systems, Alcatel, Borland, Caisse Centrale de Fortis, GEAC, Groupe CCR-CommerzBank, Hewlett Packard, IBM, IDC, La Poste, and Meetic.
IBM France's Software TV portal is powered by Brainsonic
Brainsonic has two revenue streams, a consulting and video-making business, and a hosting business. We expect that the hosting biz is where AXA sees growth and scalability, not the delivery of camermen and consultants. IBM and Microsoft in France to deliver info, tutorials, and promo videos about their products. It seems to be a Flash specialist.
Read - AXA press rel.
Posted on January 25, 2007 09:06 AM | Posted to Online services | Permalink
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