Telestream has acquired ContentAgent, an application used by broadcasters, production companies and post houses to streamline their content creation workflows.
ContentAgent, which was owned by Vecima Networks, was built to automate tasks such as camera card ingest and the creation of file-based deliverables. One of its aims is to make it easier to transition from field production to post production. It also promises extensive media processing efficiencies for those developing content for new media platforms and enterprise communications.
“ContentAgent has done very well in the production and post-production markets and we intend to bolster continued development and utilize its strengths as we continue to expand into additional markets including creative agencies and corporate enterprises,” said Dan Castles, CEO of Telestream.
The ContentAgent team, based primarily in the UK, will be fully integrated into the Telestream family.
In a statement, Telestream said that existing customers could expect to see additional resources being deployed to support ContentAgent around the world.
“We are very excited to be joining the Telestream family and are looking forward to seeing ContentAgent contribute to Telestream’s continued growth,” said Owen Walker, Director, ContentAgent.
It is the latest acquisition for Telestream, which is a portfolio company of Genstar Capita.
In March, Telestream announced the completion of its acquisition of Masstech, which was the company’s 10th deal and followed Telestream’s purchase of content management system technology provider EcoDigital.
The combination of these two entities within Telestream makes it a major player in the content storage/management segment of the M&E market with over 1000 active customer systems in operation worldwide.
Masstech creates intelligent, hybrid cloud-based storage and asset lifecycle management solutions for the M&E industry. It combines the experience of many decades of broadcast and video content storage management with cloud and other vanguard technology development processes, to identify and address the challenges of the industry’s constantly evolving technical and business landscapes.