News

Helius to acquire PointeCast

May 15, 2007

LINDON, Utah — Helius Inc. announced it has signed a definitive agreement to acquire PointeCast Corp., a leading global provider of rapid-communication and online training solutions.

PointeCast's Publisher product allows users to enhance Microsoft PowerPoint presentations with real time quizzes, surveys, response tracking and other multimedia features and then instantly convert them into the Adobe Flash format for easy integration. PointeCast's robust learning management system (LMS) enables customers to administer and track e-learning and training courses.

"With the addition of the PointeCast suite of software, we are able to offer our customers a complete end-to-end solution for their digital signage, corporate communications and training needs," said Mike Tippets, president and chief executive of Helius. "The PointeCast rapid-authoring technologies will give Helius customers additional flexibility in creating, delivering and updating rich-media content."

The acquisition is expected to be completed in the second quarter. Financial terms of the transaction were not disclosed.