SYNC – Synacor, Inc.

Synacor, Inc.
SYNC

Business Summary:
Synacor, Inc. provides authentication and aggregation solutions for delivery of online content and services in the United States, the United Kingdom, and the Netherlands. The company delivers solutions through its hosted and managed platform, enabling cable and telecom service providers and consumer electronics manufacturers to provide online content and services to their consumers. The company’s platform allows its customers to package online content and services with their high-speed Internet, communications, television, and other offerings. Its platform features include Website design and development, unified registration and login, billing integration, personalization, video delivery capability, content management system, household management, toolbar, and television listings. The company offers subscriber-based services, including email and calendar solutions; security services, such as anti-virus, firewall and intrusion detection, pop-up blocker, parental controls, and automatic updates; TV Everywhere that enables subscribers to watch free television online or utilize its authentication functionality to authorize them to watch television online; and variety package that combines content from several Internet subscription and entertainment products into a single package. Its subscriber-based services also comprise sports plus package combines access to multiple sports-related content providers; portable and non-portable music services, including download-to-own, download-to-rent, and streaming music from its content providers’ libraries; GamesSomnia package that consist of subscriptions to online gaming services and gaming-related news sources; and Learning Edge package that combines various educational products. In addition, Synacor, Inc. offers search and display advertising services. The company was formerly known as CKMP, Inc. and changed its name to Synacor, Inc. in July 2001. The company was founded in 1998 and is headquartered in Buffalo, New York.

Insider Purchase Details:
Jordan Levy, A Director of Synacor, Inc. purchased 33,000 shares of common stock at an average price of $2.99 per share, making this a $98,670.00 purchase on the open market.

Click Here to view to the form 4 report from the SEC website.

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