Telestream Acquires Captioning Leader CPC
Telestream, the leading provider of digital media tools and workflow solutions, has announced that it has completed the acquisition of leading U.S. captioning software company, CPC. The acquisition adds CPC’s award-winning products to Telestream’s offerings. It also brings deep expertise in captioning, which will benefit the company’s current and long term product strategies. Telestream’s transcoding, workflow automation, live streaming and web publishing products will all benefit from the addition of CPC’s technology and market leadership.
Content producers and distributors are all facing increasing demands to caption their content for broadcast, web and mobile distribution. Regulations throughout the world – such as the Twenty-First Century Communications & Video Accessibility Act in the U.S. – are mandating captioning of content for today’s growing number of viewing platforms.
The acquisition adds best-in-class products to Telestream’s worldwide business: MacCaption for the Mac and CaptionMaker for Windows. The addition of CPC’s team grows Telestream’s dedicated group of experts focused on creating solutions for tomorrow’s media. Further, Telestream brings its broad sales distribution and support and the ability for CPC products to scale more rapidly within current and new markets.
CPC has been a captioning industry leader since 1986. Formerly based in Rockville, Maryland, the company relocated this week to Telestream’s east coast office in Sterling Virginia. CPC offers the most advanced closed captioning software currently available to organizations worldwide. In July 2012, CPC received the prestigious Accessibility Award at the National Association of the Deaf Conference.
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