Espial will tack on video expertise via the acquisition of Bluestreak Technologies, a company that makes video software and provides services for a range of connected devices, including set-tops, smart TVs, smartphones and tablets.
With offices in Paris and Montreal, Bluestreak’s client list includes operators such as Canal+, Bouygues Telecom, Orange, Telefonica, Videotron and Time Warner Cable, and as well as tech clients and OEM partners that span aioTV, Irdeto, Huawei, Cisco Systems, LG Electronics, Pace, Technicolor, and supports OTT video apps from a group that includes Netflix, Facebook, BBC and YouTube
Ottawa-based Espial didn’t disclose the financial terms of the deal, but said the acquisition will strengthen its expertise in advanced video technologies, software development and integration. Terms and conditions of the acquisition were not disclosed.
Espial said Bluestreak’s MachBlue product line for connected devices complements its G4 Client platform for set-tops, including those based on the Reference Design Kit (RD), and mobile platforms. Espial, which recently appointed former TWC engineering exec Mike Hayashi to its board, introduced G4 earlier this year.
“Bluestreak brings software expertise and experience integrating leading over-the-top services,” Espial president and CEO Jaison Dolvane said, in a statement. “These capabilities will enhance Espial’s RDK and HTML5 solutions which also blend linear television with web-based video services.”