Zacks Investment Research downgraded shares of SONIC FOUNDRY (SOFO) from OUTPERFORM to NEUTRAL on July 26, 2013, with a target price of $11.90.
Sonic Foundry, Inc. provides enterprise solutions and services for education institutions, corporations, and government agencies worldwide. Its principal product line, Mediasite, is a rich media webcasting and video content management platform. The company develops and sells: Mediasite Recorders and My Mediasite for capturing video and media presentations Mediasite Enterprise Video Platform for distributing, managing, securing and archiving live and on-demand content Mediasite Events for turnkey meeting, conference, and event webcasting services Mediasite Services for hosting, installation, training, and integration Mediasite Customer Assurance for annual hardware and software maintenance and technical support. The company sells its products through system integrator, consultant and reseller channels, as well as direct sales. Sonic Foundry, Inc. was founded in 1991 and is headquartered in Madison, Wisconsin.
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