Telestream purchases Encoding.com: a cloud media processing platform
Telestream has recently announced the acquisition of Encoding.com, an Emmy award winning cloud media processing platform. The team will be integrated into Telestream and as part of the acquisition the two principals of Encoding.com, Gregg Heil, founder and CEO, and Jeff Malkin, President, will assume senior leadership positions across Telestream’s cloud initiatives.
“Over Encoding.com’s 13-year history, the company has generated significant traction powering video supply chains for leading streaming platforms, content distributors, and web-based VOD platforms,” said Dan Castles, CEO at Telestream. “Being cloud-native from inception, the technology fits perfectly within the strategic direction at Telestream to offer our customers the ultimate flexibility to meet their most demanding workflow needs across cloud, on-prem or hybrid environments. This acquisition, together with Telestream’s 25 year heritage of continuous media workflow innovation, cements our leadership position across the entire VOD cloud media processing ecosystem.”
“Telestream has an excellent track record when it comes to strategic acquisitions that truly benefit their customers and unite teams in a singular mission to bring the best possible solutions to market,” commented Heil. “The combined engineering organizations will enable the acceleration of new features and services to support continued migration to the cloud by businesses seeking the advantages of parallel processing, elasticity and scale afforded by cloud infrastructure.”
Encoding.com customers will continue to be supported. Telestream customers will benefit from Encoding.com’s enhanced VOD workflows, including processing with Ludicrous mode and content protection as the engineering teams integrate the technology stacks.