News & Announcements
Spacial Audio /Ando Media Announce Merger
Posted
on Aug 12, 2009
by ken
Category: General
Executive Summary
Spacial Audio and Ando Media announce a merger that will help accelerate the development of the streaming audio marketplace.
ANDO MEDIA, SPACIAL AUDIO ANNOUNCE MERGER
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Tuesday, August 12, 2009
Boston—Aug. 11, 2009—Spacial Audio and Ando Media announced today a merger that will help accelerate the development of the streaming audio marketplace. Ando Media, working with over 6,500 affiliates, is the leader in audience measurement and ad-replacement for terrestrial broadcasters. Spacial Audio has been the leader in providing automation, ad-insertion and an array of other digital services to primarily pure-play webcasters. The combination of these two innovative companies will provide increased momentum to the rapidly expanding online audio marketplace.
“This merger brings together the strength of Ando’s more terrestrial customer base with Spacial’s large Internet-only base,” said Bob Maccini, Ando CEO. “Together, we now are working across the entire spectrum to drive the streaming audio category to new levels.”
Spacial CTO and co-founder Louis Louw said, “We’ve been marching down a remarkably similar path to Ando, but our customers are not the same. That’s why this works so well. The merger is very additive. The complementary nature of our technologies will allow each company to offer expanded capabilities to our established customer bases.”
Both brands will continue to operate independently while the companies are deeply engaged in strategic planning to optimize resources and offerings in a merged entity.
About Ando Media
Ando Media is the leading provider of real-time audience measurement and ads management solutions for the internet audio market. Founded in 2004, Ando Media is committed to enabling its clients to monetize their digital assets: audio, online, video and mobile.
About Spacial Audio Solutions, LLC
An award-winning developer of audio, encoder, ad insertion software and technology, Spacial Audio has provided the backbone for a large number of easily-recognized commercial broadcast and corporate clients. Spacial streaming technologies include SAM Broadcaster, Simplecast, SOS, StreamAds ad management, and Ad Localizer for 1-to-1 ad-targeting.
Spacial technology is advanced, easily scalable, and provides superior quality. 24/7 support offers clients the security of knowing any problem has a quick solution. Visit our website at spacialaudio.com.
