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.
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