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TELESTREAM TO ACQUIRE GRAB NETWORKS' ANYSTREAM
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| August 13, 2010 |
Anystream is 10 years old and offers the Agility solution for media companies looking to produce and transcode video to publish on the Web. The company is a provider of automated multi-platform media publishing solutions, which are used by over 600 leading media companies in 38 countries around the world. The addition of Anystream’s team of professionals grows a dedicated group focused on automated multi-platform media publishing solutions within the Telestream family.
“This is a great opportunity for Telestream to accelerate its momentum helping media and entertainment companies unleash the promise of their media assets through next-generation enterprise-class solutions designed for complex multi-format workflows,” says Dan Castles, CEO of Telestream. “Anystream’s customer base will benefit not only from Telestream’s broad end-to-end digital media tools and workflow solutions, but also from its strategic focus on transcoding. This transaction is very synergistic and truly a win-win for customers, employees, and partners alike.”
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