[SatNews] Espial today announced the acquisition of Bluestreak Technologies, a software and services provider of video solutions for connected devices including set-top boxes, smart TVs, smartphones, and tablets thus transforming the viewing experience worldwide. With highly talented teams based in Montreal and Paris, Bluestreak strengthens Espial's expertise in advanced video technologies, software development and integration. Terms and conditions of the acquisition were not disclosed.
"Bluestreak brings software expertise and experience integrating leading over-the-top services. These capabilities will enhance Espial's RDK and HTML5 solutions which also blend linear television with web-based video services," said Jaison Dolvane, Espial President and CEO. "Bluestreak's MachBlue™ product line is complimentary to Espial's G4 Client solution, providing rich media services across operator set-top box platforms, smart TVs and multi-screen devices. We will work closely with Bluestreak customers on enhanced solutions and services which give them a competitive advantage."
"We're excited to join Espial, whose focus on enabling compelling viewing experiences for network operators and consumer devices is consistent with our own," said Erick Lamarche, CEO, Bluestreak. "With customers ranging from leading Pay TV operators to major electronics brands worldwide, Espial brings scale, solutions, and global services which will benefit Bluestreak's customers now and in the future."
The transaction includes the purchase of Bluestreak Technologies SAS, based in Paris and the operating assets in Montreal.