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10-24-2016, 10:07 PM #1Member
- Join Date
- Nov 2007
Kaleidescape Receives New Investments, Resumes Operations
Awesome 4K Ultra HD Blu-ray image downloads is still a reality. Sometimes its hard to keep up with the latest news. Glad to see this company is still going.
"A few weeks ago, Kaleidescape announced that it was ceasing operations due to a lack of funds. The high-end media server company has now secured new investments without a change of ownership, so it is able to resume business operations. Company stakeholders received the news via an email (reprinted below), in which Kaleidescape CEO Cheena Srinivasan details how the company plans to move forward and approach new projects."