Haivision Acquires Teltoo, Poised to Disrupt Live Video Delivery with Peer-to-Peer and Real-Time Analytics Technology
Recognized as the pioneer of cloud-connected video streaming for contribution and distribution, Haivision now aims to set the standard for scalable, low latency, high quality video delivery
MONTREAL, July 9, 2020 /PRNewswire-PRWeb/ -- Haivision, a leader in video streaming solutions, today announced the acquisition of Teltoo (US) Inc., a key technology innovator for peer-to-peer (P2P) and WebRTC enabled real-time video delivery.
The acquisition firmly extends Haivision's expertise in cloud-connected live video from contribution and distribution, now through to delivery. It also enables Haivision to apply its machine learning and artificial intelligence capabilities against real-time network analytics to optimize complete edge-to-edge low latency video workflows.
Focused on scalable and sustainable internet delivery, Teltoo's technology incorporates P2P, WebRTC, and advanced real-time network analytics to optimize video delivery for operators, media companies, and enterprises. The advanced P2P algorithms, enabled by WebRTC for ubiquitous low latency browser support, significantly reduce the reliance on CDN distribution to individual players, eliminating buffering and delivering higher quality to each viewer while increasing reliability and reducing overall cost. Haivision will be integrating the Teltoo technology across its products to deliver the highest quality viewer experience to audiences around the world.
"Teltoo is a technology innovator in the WebRTC enabled peer-to-peer live video delivery market," said Mirko Wicha, President and CEO, Haivision. "Teltoo has deep knowledge of applying this technology with unique insights into optimizing network topologies. Combined with our multi-CDN and artificial intelligence expertise, Haivision is once again set to disrupt the video streaming industry."
"By pioneering the SRT protocol and the SRT open source initiative, Haivision has already proved itself to be a leader in our industry," explained Pablo Hesse, CEO, Teltoo. "Together with Haivision, we are well positioned to achieve our vision of setting the new standard for video streaming delivery."
The Teltoo acquisition comes only eight months after the company's purchase of LightFlow Media Technologies S.L. With both entities based in Madrid, Spain, the teams will join forces to augment Haivision's global development organization, headquartered in Montreal with additional R&D offices in Portland, Chicago, and Hamburg.
About Haivision
Haivision is the leader in live video streaming technologies, providing more than 25,000 organizations globally with video solutions that help them stream broadcast-quality, low-latency video from anywhere. Founded in 2004, Haivision is a privately held company with headquarters in Montreal and Chicago, and regional offices located throughout the Americas, Europe, and Asia. To help solve the world's most difficult video streaming challenges, Haivision open sourced its award winning SRT low latency video streaming protocol in 2017 and founded the SRT Alliance, which now has over 400 industry leading companies supporting this new standard. Awarded an Emmy® for Technology and Engineering from the National Academy of Television Arts and Sciences, Haivision is also recognized as one of the most influential companies in video by Streaming Media and one of the fastest growing companies by Deloitte's Technology Fast 500. Learn more at haivision.com.
SOURCE Haivision
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