SeaChange International (NASDAQ:SEAC) has completed its acquisition of social media analytics software developer Timeline Labs. Part of SeaChange's growth strategy, the acquisition is intended to expands the company's customer base and extend its expertise to TV broadcasting and online video.
SeaChange has retained the former Timeline Labs employees and facilities in Los Angeles and San Francisco. Timeline Labs CEO Malcolm CasSelle has been appointed as senior vice president and general manager of the new Digital Media business unit of SeaChange. SeaChange also appointed Timeline Labs co-founder and Executive Chairman Ed Wilson to its board, effective immediately.
