Haivision today announced the acquisition of Teltoo (US) Inc., a company that focuses on peer-to-peer (P2P) and WebRTC enabled real-time video delivery.
The acquisition “extends Haivision’s expertise in cloud-connected live video from contribution and distribution, now through to delivery,” according to the joint announcement.
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,” the announcement says.
“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 joint announcement says.
“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,” according to the joint announcement.
Why Haivision Wanted Teltoo
Haivision will be integrating the Teltoo technology across its products “to deliver the highest quality viewer experience to audiences around the world,” the announcement says.
“Teltoo is a technology innovator in the WebRTC enabled peer-to-peer live video delivery market,” said Haivision president and CEO Mirko Wicha. “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,” Wicha said in the joint announcement.
“By pioneering the SRT protocol and the SRT open source initiative, Haivision has already proved itself to be a leader in our industry,” said Teltoo CEO Pablo Hesse in the announcement. “Together with Haivision, we are well-positioned to achieve our vision of setting the new standard for video streaming delivery.”
The Teltoo acquisition comes 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.”
Haivision is headquartered in Montreal with additional research and development offices in Portland, Chicago and Hamburg.