Telestream Acquires Live Production and Streaming Specialist Vara Software

Award-winning, real-time video production products position Telestream
for explosive growth in Internet-based content delivery

Telestream, the provider of Flip4mac, Episode and FlipFactory content repurposing and workflow automation products, today announced that it has completed the acquisition of European-based Vara Software Ltd., a privately-held company. The acquisition adds the products, technologies and employees of Vara Software to those of Telestream, Inc., a privately-held US-based company. Vara Software brings successful, award-winning live production and streaming products to the Telestream product family. The acquisition expands Telestream’s reach beyond encoding-based media workflow solutions for leading broadcast, media and entertainment companies to include powerful tools for real-time creation and distribution of video content over the Web for a broad range of businesses.

Vara Software provides real-time production tools, including webcasting, screencasting and rich media presentation products for entertainment, corporate communications, education and training. Webcasting allows companies to reach large, dispersed audiences by distributing content over the Internet, either live or on demand. Screencasting combines screen captures, video recordings and audio narration to provide cost-effective software training and sharing of computer desktop activity over the Internet. read more...