Telestream has entered into an agreement to acquire video monitoring and analytics company IneoQuest. The terms of the deal, which is expected to close near the end of the first quarter of 2017, were not disclosed as both companies are privately held.
Telestream also recently acquired quality control (QC) technology specialist Vidcheck. The addition of IneoQuest technologies is intended to enable Telestream to guarantee the quality of content delivered across managed networks or across the Internet. The acquisition is also intended to extend the company's reach from content creation and distribution to the audience.
"With the addition of IneoQuest technology to our existing QC capabilities, our customers will have the ability to monitor quality at any point in the delivery pipeline, making diagnosing and correcting a problem easier than ever before. With IneoQuest solutions, customers will also have access to actionable intelligence that will allow them to deploy content more strategically and gain new levels of confidence that their video is of the highest quality," said Dan Castles, Telestream's CEO.
Telestream provides live and on-demand digital video tools and workflow solutions that span the digital media lifecycle, including video capture and ingest; live and on-demand encoding and transcoding; subtitling and captioning; playback and inspection, delivery, and live streaming; as well as automation and orchestration of the workflow. The company is headquartered in Nevada City, CA.