Telestream buys Vidcheck
September 5, 2016
Telestream, a leading provider of digital media tools and workflow solutions, announced the acquisition of UK-based Quality Control (QC) technology specialist, Vidcheck. Established in 2009, Vidcheck is recognized as a leading developer in automated QC solutions within file-based production workflows. Its system solutions are used by broadcasters, facilities and content owners worldwide, such as ITV, BBC, CBS and many others. The privately funded acquisition is complete and the new combined company will take its bow at IBC (stand 7.B26).
In recent years, Vidcheck QC technology has enjoyed significant commercial success, especially in European markets. Vidchecker, the company’s flagship product, is the gold-standard for file-based automated QC with correction and sales have shown strong and sustainable growth for a number of years. Similarly, Telestream’s Vantage media processing platform has maintained rapid worldwide sales growth for the last six years. Telestream will build on Vidcheck’s success, providing greater reach around the globe and strong sales and market presence offering its customers even more effective and efficient solutions.
“Vidcheck’s team and product portfolio line up very well with our area of expertise,” said Dan Castles, CEO of Telestream LLC. Castles continued, “It is not just some great technology and products that we are acquiring but also a gifted, talented and passionate team that will reinforce our resources here at Telestream. We look forward to leveraging our combined know-how to offer our worldwide customer base an even more complete and exciting product portfolio.”
“Telestream is a great home for Vidcheck, technically, commercially and culturally,” commented Thomas Dove, CEO of Vidcheck Ltd. “The companies have complementary technologies which will feed into both product ranges, the most obvious being the perfect fit of Vidchecker auto QC with Vantage. With Telestream’s sales and support reach, Vidchecker will naturally be available to a much wider set of customers, particularly in North America. Being part of Telestream provides a great launch pad for the next phase of growth for Vidcheck.”