Sonic Foundry
Sonic Foundry is a former developer of various media software suites. In late 2003, Sony acquired its desktop product line as a new subsidiary, Sony Creative Software, hired roughly 60% of employees, paid $18 million in cash, and took on certain liabilities and obligations. The product line acquired by Sony has since been acquired by Magix Software GmbH. Sonic Foundry's current product line consists of the webcasting, presentation software Mediasite.