Sony Digital Rapids Pixel Power calrec Sony

A fantastic portfolio augmentation': Telestream acquires Tektronix Video

25/04/2019

Telestream CEO Scott Puopolo speaks exclusively to TVBEurope

Jenny Priestley 10 mins ago

Telestream CEO Scott Puopolo speaks exclusively to TVBEurope

target=_blank title=Share on LinkedIn class=share-linkedin> Telestream CEO Scott Puopolo speaks exclusively to TVBEurope

https://www.tvbeurope.com/business/a-fantastic-portfolio-augmentation-telestream-acquires-tektronix-video title=Share via Email class=share-email>

Telestream has partnered with Fortive to acquire Tektronix Video.

The financial details of the deal have not been announced, but the transaction means Telestream's parent company Genstar Capital has entered into a co-ownership agreement with Fortive. Current Telestream CEO Scott Puopolo will remain CEO of the combined company.

Tektronix's video test, monitoring and quality assurance solutions for the broadcast and digital media markets will be integrated into Telestream. Products that are part of the integration are the Tektronix's SDI waveform monitors, test signal sync generators, MPEG stream analysers, picture quality analysers, IP waveform monitors that are sold under the Prism brand, plus the Century brand and file QC.

Speaking exclusively to TVBEurope, Puopolo said that employees currently based at Tektronix Video will for the most part transfer to become Telestream employees. Because this is a carve-out', we actually need to build some additional operational infrastructure, so in addition to the people transitioning over, we will be doing a fair amount of hiring in a number of functions that will make up some of the shared services functions that had been provided by the broader Tektronix organisation.

According to Poupolo, Telestream plans to keep Tektronix's Beaverton, Oregon location. We're currently in a Tektronix secured facility so we would have to move those individuals, he said. But the good news is that the Tektronix campus actually has other buildings and has space available. We're very excited about the talent that we're acquiring. We think of this as not only a fantastic portfolio augmentation, but it's also a talent and innovation play for us.

Puopolo continued: So much of what we're looking to do here is accelerate innovation and by bringing these two companies together we think we absolutely have the best core portfolio in the waveform monitoring business.

With the existing strength of Tek Video and combining the stream monitoring capabilities and innovation talent with what we have on the IQ side, and then the file quality control that we are able to combine and build on with our Vidchecker product, we think we've got the best technology platforms, as well as the best innovation talent to really accelerate. Frankly, we see this as being incredibly positive for our customers. They they want us to move quickly, they want us to innovate proactively. We are going to have the financial, the product portfolio, and the personnel to really make that happen.

According to Puopolo, Telestream is excited to be partnering with Fortive on the acquisition: They recognise that Tektronix Video has been sitting a bit apart because Tektronix itself is not really a video company. The idea of bringing Tek Video to Telestream allows them, I think, better return on their investment because they're inside a video company. They recognise obviously the historical strengths that we have both in media processing as well as monitoring.

Fortive is a fantastic company with a terrific history of strong operational effectiveness and strong business processes that really get the most value out of the businesses that they operate, Puopolo continued. I want to leverage that perspective and insight to continue to help Telestream be as effective as possible. In addition, they are very well connected because of the size of the company and the various industries that they serve. They're also a great resource in terms of other technology contacts and frankly, strategic perspective.

Telestream has been quite active in acquiring companies over the past couple of years. Puopolo admits this might not be the last announcement they have to make: We are really focused on doubling down on our core media processing, monitoring and quality areas. We've been aggressively updating and refreshing and bringing the product portfolio to what I would characterise as the cutting edge. And so that's all good. But the way that I think we're going to continue to be able to move that pathway forward aggressively is with M&A, he explained.

I never want to be in a position where I'm competing with my customers. What I'm focused on is investing heavily in being the de facto standard for workflow automation, media processing, in all aspects of quality.

Puopolo said he wanted to underscore that Telestream's acquisition of Ineoquest in March 2017 was our very first clear statement that we want to be in the QoE, QoS business.

We believe that the combination of both file and live, workflow automation and media processing with QoS and QoE is a killer combination and that is and will remain our strategy. In the future, look for us to continue to bolster our core positions, in the core markets that we that we operate in today. You're not going to see Telestream get into the service provider business or anything like that. We are focused on being the de facto standard in the areas that we currently compete and all the work that we do both in terms of innovation and acquisition is driven by that.

We believe this industry is ripe for more scale out of the players that operate in our marketplace and what better company than Telestream to lead that charge?
LINK: https://www.tvbeurope.com/business/a-fantastic-portfolio-augmentation-...
See more stories from tvb

Europe Stories

22/08/2019

Ericsson announces changes to the Executive Team

Effective September 1, 2019, Fadi Pharaon is appointed Senior Vice President and Head of Market Area Middle East & Africa at Ericsson (NASDAQ: ERIC), and member...

22/08/2019

Ericsson meddelar frndring i koncernledningen

Fadi Pharaon har utn mnts till Senior Vice President och chef f r marknadsomr de Mellan stern & Afrika p Ericsson samt medlem i koncernledningen fr n och med d...

22/08/2019

NEW DPA 2028 VOCAL MIC AIMS TO CHANGE THE LIVE PERFORMANCE LANDSCAPE

Expertly Designed and Built to Survive the Road DPA Microphones presents a new addition to its microphone lineup, the 2028 Vocal Microphone. The 2028 delivers ...

22/08/2019

Lawo Debuts World's First AES67 Stream Monitoring Software

Broadcasters using the AES67 AoIP standard in their studios and production facilities finally have an easy way to keep themselves informed about the state of th...

22/08/2019

The Pay-TV Innovation Forum Reveals Key Findings for the Latin American Pay-TV Market

83 percent of Latin American executives surveyed believe that the shift to OTT w...

22/08/2019

How Calrec can Assist and Connect you

Calrec's powerful Assist and Connect applications are both centre stage at IBC 2019 on the Calrec stand, 8.C61. As the industry embraces new standards and w...

22/08/2019

RT's New Season puts focus on modern day Ireland, climate, live sport and entertainment, while shaping the nation with impactful Stories

RT today announced a slate of new impactful Irish programming, star signings an...

22/08/2019

A kind of magic: Brian May meets IK Multimedia

The gear that made Brian Mays guitar sound, painstakingly modelled by IK Multimedia for AmpliTube The sound of a lead guitarist legend... now painstakingly mo...

22/08/2019

What is holding back IP adoption?

By Kieran Kunhya, managing director, Open Broadcast Systems Jenny Priestley 1 hour ago By Kieran Kunhya, managing director, Open Broadcast Systems targ...

22/08/2019

Sky adds Love Nature in UHD

Content will be available in the UK, Germany and Italy Jenny Priestley 4 hours ago Content will be available in the UK, Germany and Italy target=_blank...

22/08/2019

Mediaset files complaint against Vivendi

Row over Mediasets plans to create new Amsterdam-based holding Jenny Priestley 3 hours ago Row over Mediaset's plans to create new Amsterdam-based ho...

22/08/2019

Brexit taking its toll on TV advertising

Enders Analysis predicts 5 per cent drop Y-on-Y in TV advertising Jenny Priestley 3 hours ago Enders Analysis predicts 5 per cent drop Y-on-Y in TV adver...

22/08/2019

BVE 2020 cancelled

Media Production and Technology Show has acquired assets Jenny Priestley 4 mins ago Media Production and Technology Show has acquired assets target=_bl...

22/08/2019

Extron promotes Steve James to vice president of...

Extron has announced the promotion of Extron veteran Steve James as vice president of engineering. James formerly worked as senior director of engineering at ...

22/08/2019

Lab Gruppen and Lake...

Tomas Lilja Lab Gruppen and Lake have appointed Tomas Lilja as brand leader, H kan Alfredsson as product category leader and Anders Jutebrant Ivarsson as R&D m...

22/08/2019

Glass-free OLCD breakthrough announced for...

FlexEnable, a UK based developer of a organic transistor technology platform has unveiled its ultra-narrow' border organic LCD (OLCD) technology, using org...

22/08/2019

NovaStar appoints PSCo as UK & Ireland distributor

UK LED display distributor PSCo has been appointed as NovaStar's UK & Ireland distribution partner, becoming NovaStar's first UK distributor. NovaSt...

22/08/2019

Elation's dynamic DARTZ for The Raconteurs Tour

Elation's dynamic DARTZ for The Raconteurs Tour posted: 22/08/2019 Matthieu Lariv e with L z Studio in Montr al serves as production and lighting des...

22/08/2019

L-Acoustics K Series impresses Orchestra Filarmonica della Scala at Piazza Duomo open-air concert

L-Acoustics K Series impresses Orchestra Filarmonica della Scala at Piazza Duomo...

22/08/2019

Telenor completes DNA transaction, announces mandatory tender offer for remaining shares in DNA

Reading Time: 2 minutes We are pleased to have completed this transaction and...

22/08/2019

Two million radio listeners are listening to RT every week

Two million radio listeners are listening to RT every week The latest JNLR listenership survey has revealed that two million people, 52% of all Adults 15 , ar...

22/08/2019

Greener Screens

It's over a year since RT announced its ban on single-use plastics in our canteen facilities, but the focus on sustainability continues. Earlier this mon...

22/08/2019

Dith S introduces the 32 hopeful Roses

Host D ith S introduced all 32 hopeful Roses for the first time ahead of this year's 2019 Rose of Tralee television show. This is D ith 's tenth yea...

22/08/2019

Spotify Stages Overnight Concert for Fans at Japan's Summer Sonic Festival

This past weekend, thousands of music lovers flocked to the 20th annual Summer Sonic music festival, which spanned three days and multistage venues in Tokyo and...

21/08/2019

ITV announces David Cameron interview by Tom Bradby

Published: Wed 21 Aug 2019 ITV announces David Cameron interview by Tom Bradby Former Prime Minister to be interviewed by Tom Bradby for ITV special programme...

21/08/2019

SGO to introduce new Mistika Technology software solutions to the Chinese market at BIRTV 2019

SGO will be showcasing the very latest updates and new products joining the expa...

21/08/2019

Banijay Rights Confirms First Look Development Deal With Tigerlily Productions

Banijay Rights, the leading distribution arm of Banijay Group, has today confirmed a first look development deal with multi award-winning independent production...

21/08/2019

MatrixStore 4.1 at IBC 2019

Object Matrix Launches MatrixStore 4.1 at IBC Cardiff, Wales, 21st August 2019 Object Matrix has launched the latest version of its media focused object stora...

21/08/2019

Lady Gaga Doubles Down in Las Vegas Residencies with L-ISA Technology

Lady Gaga Doubles Down in Las Vegas Residencies with L-ISA Technology posted: 21/08/2019 Enigma and Jazz & Piano residencies deliver immersive audio exper...

21/08/2019

L'quipe Transmits Live from the Field with TVU Networks

L' quipe Transmits Live from the Field with TVU Networks posted: 21/08/2019 It's been nine years since LEquipe, the most popular sports newspaper ...

21/08/2019

Details announced of workshop and seminars at Music Expo Nashville, September 21

Manufacturers, producers and music business executives included in programme Music Expo Nashville takes place at the SAE Institute in Music City on Saturday S...

21/08/2019

Datapath appoints Adam Marsden as sales and...

Adam Marsden has been appointed as Datapath's sales and account manager for the UK, Ireland, Nordics and Baltics. Marsden, a former training manager for D...

21/08/2019

Extron promotes Steve...

Extron has announced the promotion of Extron veteran Steve James as vice president of engineering. James formerly worked as senior director of engineering at ...

21/08/2019

Lab Gruppen and Lake announce 3 new hires as Lilja...

Tomas Lilja Lab Gruppen and Lake have appointed Tomas Lilja as brand leader, H kan Alfredsson as product category leader and Anders Jutebrant Ivarsson as R&D m...

21/08/2019

Glass-free OLCD breakthrough announced for bezel-less...

FlexEnable, a UK based developer of a organic transistor technology platform, has announced the unveiling of its ultra-narrow' border organic LCD (OLCD) te...

21/08/2019

Marshall Electronics' Cameras Head to the Rodeo

Marshall Electronics' Cameras Head to the Rodeo posted: 21/08/2019 Mason Goodchild Secures Great Footage at Action-packed Calgary Stampede Mason Goo...

21/08/2019

Astera is a Match for the Titans

Astera is a Match for the Titans posted: 21/08/2019 Titan Fitness is an independently owned fitness studio in Coogee, a coastal suburb of NSW, Australia, ...

21/08/2019

IHSE introduces IP module at IBC2019

IHSE introduces IP module at IBC2019 posted: 21/08/2019 IHSE's solutions for access and management of complex computer networks are available for demo...

21/08/2019

Video Progetti Announces Debut of L'Opera's Latest State-of-the-art Outside Broadcast Van

Video Progetti Announces Debut of L'Opera's Latest State-of-the-art Outs...

21/08/2019

Ross Expands Server Product Line with New 4K UHD Production Server

Ross Expands Server Product Line with New 4K UHD Production Server posted: 21/08/2019 Ross Video is pleased to announce a brand-new addition to the Abekas...

21/08/2019

Efficient production: Datavideo and PresetMaster

Efficient production: Datavideo and PresetMaster posted: 21/08/2019 Everybody knows the game of Darts. An enthusiastic mass of spectators in the widest ra...

21/08/2019

Feed Your Hunger for Sport

By Juliet Walker, chief marketing officer, Globecast Jenny Priestley 3 hours ago By Juliet Walker, chief marketing officer, Globecast target=_blank tit...

21/08/2019

Apple TV+ could offer limited downloads for offline viewing

Also expected to restrict simultaneous viewing on different screens Dan Meier 3 hours ago Also expected to restrict simultaneous viewing on different scr...

21/08/2019

NHK tries 8K for Rugby World Cup

Content will be available to other broadcasters in UHD/4K Jenny Priestley 4 hours ago Content will be available to other broadcasters in UHD/4K target=...

21/08/2019

Netflix signs lease for Uxbridge production space

Pushes companys commitment to UK production Dan Meier 4 hours ago Pushes company's commitment to UK production target=_blank title=Share on LinkedI...

21/08/2019

Maxon Unveils Cinema 4D R21 at IBC 2019

Maxon is excited to return as an exhibitor to the annual IBC Show, the most influential European show in the media and entertainment industry, taking place Sept...

21/08/2019

Alto Uber FX: look, PA, no wires!

Portable PA speaker can run without mains on 45-hour battery and stream Bluetooth audio Altos Uber FX portable PA speaker can be used completely wirelessly if...

21/08/2019

Love is in the Air for Riedel's Artist Intercom at the Electric Love Festival in Austria

Love is in the Air for Riedel's Artist Intercom at the Electric Love Festiva...

21/08/2019

Capture with confidence

Capture with confidence posted: 20/08/2019 Sennheiser and Neumann showcase microphone and monitoring highlights at IBC2019 Whether it's the latest wi...

21/08/2019

NEP Connect Couples Up With ITV Studios Entertainment For Love Island 2019

NEP Connect Couples Up With ITV Studios Entertainment For Love Island 2019 posted: 20/08/2019 NEP Connect (formerly SIS LIVE), the leader in critical broa...