Telestream Buying Anystream
Telestream, a provider of digital media tools and workflow solutions, has agreed to acquire the video transcoding software (Anystream) division of Grab Networks, a Dulles, Va.-based provider of online video management software. No financial terms were disclosed. Tellestream backers include Hallador Venture Partners and Shaw Ventures, while Grab Networks shareholders include Softbank Capital, SCP Capital, Longworth Venture Partners and Court Square Partners.
16 August 2010•3 mins read
