updated 09:25 am EDT, Tue August 1, 2006
Telestream buys Popwire
Telestream today announced that it has completed the acquisition of Popwire, makers of the popular multiformat media encoding software for digital media production professionals. Effective immediately, Popwire will operate as Telestream AB, a wholly-owned subsidiary of Telestream, and will continue to be located in Sweden. "Compression Master is a desktop media compression application for Mac OS X users that supports a wide range of formats and compliments Telestream's Flip4Mac digital media components," the company said. "The combination of Compression Master and Compression Engine, a server-based solution for high-volume applications, fits well with Telestream's industry-leading FlipFactory transcoding workflow automation applications." Telestream said will officially introduce the integrated offerings at the International Association of Broadcasters Convention (IBC) in Amsterdam, which runs from September 8 through 12.