In 2003, Sonic Foundry finalized the sale of its desktop software division to Sony Pictures Digital. Established in 1991, the company offers high-performance rich media technology for a variety of enterprises. A number of Fortune 500 companies, education institutions and government agencies use the company s automated Web presentation and knowledge sharing solutions to build communication advantages. The company consists of nearly 70 employees. Sonic Foundry has a location in Madison, Wis.