Telestream has announced its acquisition of Masstech. Telestream, a portfolio company of Genstar Capital, is a vertical market software business focused on the video space and is a global player in media workflow orchestration, media streaming and delivery technologies.
The company’s 10th acquisition comes shortly after Telestream’s purchase of EcoDigital – another specialist in content management system technology. Telestream says the combination of these two entities within the company make it a leading supplier to the content storage / management segment of the M&E market with over 1,000 active customer systems in operation worldwide.
Source: Telestream acquires Masstech