Telestream has agreed to acquire IneoQuest, a video quality monitoring and analytics solutions firm. The terms of the deal were not disclosed.
Telestream’s IneoQuest deal comes after the recent acquisition of Vidcheck, a quality control (QC) technology specialist. The company said the addition of IneoQuest technologies will enable Telestream to extend the company’s reach from content creation to content distribution.
“When it comes to media processing and delivery, the Telestream brand has become synonymous with quality. 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, CEO of Telestream, in a statement.
IneoQuest's solutions monitor content delivery over managed and unmanaged networks by using remote hardware and software agents placed throughout the delivery network, giving dynamic feedback on stream quality.
"Whether a broadcaster, a content provider, or a carrier, our customers want to understand where their content delivery networks are most effective, and where they are not. IneoQuest technology provides them with intelligence that allows them to assess the viewer experience at delivery and take immediate, appropriate action,” said Calvin Harrison, CEO of IneoQuest, in a statement.
The deal is subject to customary conditions and is expected to be completed near the end of the first quarter of 2017.
Telestream’s acquisition announcement comes shortly after the company revealed that broadcast group Meredith had picked out Telestream’s Wirecast Gear system in order to better use Facebook Live broadcasts.