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Telestream Acquires Masstech | Digital Media Net


Telestream Acquires Masstech
By
doughansel
3 weeks ago
Nevada City, California, March 11, 2021 In a market influencing move in the Media & Entertainment (M&E) content storage & management sector
, 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 leader in media workflow orchestration, media streaming and delivery technologies. The deal to acquire Masstech has been completed.
The company’s 10
th acquisition comes shortly after Telestream’s purchase of EcoDigital – another leader in content management system technology. The combination of these two entities within Telestream makes 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. ....

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