Telestream to Acquire IneoQuest

Telestream announced its agreement to acquire IneoQuest. Founded in 2001, IneoQuest is headquartered in Mansfield, Massachusetts, with sales operations in North America, Europe, Asia, and Latin America. With this acquisition, Telestream wants to enable its customers to deliver the highest possible video quality to their viewers on any device.

With video quality a critical part of the viewer experience, IneoQuest’s analytics solutions help hundreds of media companies and service providers around the world deliver the highest possible quality across any network, managed or unmanaged. 

The recent acquisition of quality control (QC) technology specialist, Vidcheck, extended Telestream’s portfolio of solutions that facilitate the creation of high quality content by its customers. The addition of IneoQuest technologies will enable Telestream to guarantee the quality of content delivered across managed networks or across the Internet. This acquisition will extend the company’s reach from content creation to content distribution and, ultimately, to the audience. 

IneoQuest's solutions can tell customers if content was prepared correctly, and if it was delivered properly over managed and unmanaged networks to their viewers. Remote hardware and software agents placed throughout the delivery network, give dynamic feedback on stream quality all the way to consumption point. If a problem with quality arises, having multiple monitoring points quickly isolates the problem area, allowing quick corrective action.

The deal is subject to customary conditions and is expected to be completed near the end of the first quarter of 2017. William Blair & Co. acted as the exclusive financial advisor to IneoQuest. DLA Piper LLP serves as legal counsel to Telestream, and Skadden, Arps, Slate, Meagher & Flom LLP is legal counsel to IneoQuest.

The terms of the deal were not disclosed as both companies are privately held. (3/17)

image: Dan Castles & Calvin Harrison

Zurück