Telestream completes acquisition of Anystream

NEVADA CITY, USA: Telestream, the leading provider of digital media tools and workflow solutions, has completed the acquisition of Anystream, a leading provider of enterprise-class video production and management solutions.

Combining the experience, strength and technologies of both companies propels Telestream to the dominant position in the video transcoding market and significantly enhances Telestream’s ability to provide a greater range of enterprise-class live and on-demand workflow applications.

Together, Telestream, with its deep video transcoding, workflow design and automation expertise and Anystream, with its large-scale media production management capabilities, are able to address broader and deeper IT-based production workflows.

Anystream’s products, services, and customer base will be incorporated into Telestream to provide media and entertainment organizations with a significant wealth of complementary and synergistic capabilities, increased market presence, and expanded customer services.

The acquisition adds a world-class engineering and support team, an East Coast office and a global key account sales team to Telestream’s already profitable and financially stable worldwide business.

Through this acquisition, the combined Telestream customers will benefit from:
• The largest collective understanding of the video industry’s interoperability and workflow challenges.
• Deep transcoding, workflow design and automation expertise.
• Large-scale media production management expertise.
• More tools that allow reduced cost and increased operational efficiencies.