Granicus, a privately held San Francisco company that provides solutions for creating, managing and distributing live and on-demand streaming media content for government agencies, has acquired Webcasting.com for an undisclosed sum.
Granicus did say the company was able to complete the transaction using existing capital, and in a letter to Webcasting.com customers let it be known that chief executive Mike Pollock will not be joining them as part of the deal.
According to Pollock’s personal website, he’s instead going to focus all of his efforts on LiftTickets.com, a site that will partner with ski resorts across North America to offer discounted tickets to skiers online (see also Liftopia).
Pollock had acquired LiftTickets.com / SkiPasses.com the past winter, he writes.
Granicus says its acquisition of Webcasting.com adds more than 60 government agencies to its current client base, expands the company’s reach in several local government markets, and advances its government services portfolio.
Granicus claims that since its founding in 1999, it has helped over 700 government agencies stream more than 25 million webcasts over the Web. In that regard, buying Webcasting.com seems like a good fit, if only for branding purposes.