Codemill acquired Cantemo AB from Sweden.

Codemill, an Umeå, Sweden-based software company, announced the acquisition of Cantemo AB.

FInancial details were not disclosed.

Cantemo AB develops Cantemo Portal, a next generation Media Asset Management (MAM) software.

Cantemo Portal offers extensive out-of-the-box Media Asset Management (MAM) functionality, combined with powerful REST APIs for advanced customisation. The Accurate.Video suite is focussed on specific tasks within the Content Supply Chain, such as media QA and QC, VOD poster generation and web browser-based video editing. The Accurate Player SDK consists of best-in-class software building blocks that, when combined together, provide a powerful suite of tools for end-to-end cloud media workflows. Individually, there is little product overlap. But when combined, they offer our customers powerful end-to-end workflow solutions.

Codemill, founded in 2008 by CEO Johanna Björklund, started as a software consultant for digital video services. The company, supported by 60 employees, also has under development its proprietary products, including Accurate Video, a cloud-based video tool sold as a subscription service.

Codemill is are gearing up for the Initial Public Offering (IPO) onto Nasdaq First North Growth Market, planned for mid-June 2021.