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Veodia Acquires ScreenToaster for Screencasting

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Veodia, a live-streaming service for enterprises, announced today that it has acquired screencasting compay ScreenToaster. Terms of the deal were not disclosed.

ScreenToaster offers a free, browser-based screen capture service that allows users to record screen activity and audio without additional software or plug-in installation. According to Veodia CEO Guillaume Cohen, Veodia customers were asking for screen recordings to share product demos and how-tos.

This is Veodia’s first acquisition and will not only provide a service customers are asking for, said Cohen, but also push the company more into the consumer space. Cohen said there are new consumer services on the way that will be based on the ScreenToaster technology, but wouldn’t elaborate on what those plans were.

Paris-based ScreenToaster currently has five employees and Cohen said they are figuring out how many of them will be brought to the U.S.. ScreenToaster raised an angel round of funding in September 2008.

Veodia raised $8.3 million last year and Cohen said the company still has most of it. Veodia went through a round of layoffs earlier this year, letting “six to seven” people go.