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01/08/2006

Telestream acquires encoding specialist Popwire

Telestream, the leading global provider of multiformat media encoding and file-based delivery solutions for the broadcast and entertainment industry, has completed the acquisition of Popwire from Teleca, a telecommunications leader.
The acquisition adds the products, technologies and employee resources of Swedish-based Popwire to those of US-based Telestream, Inc, a privately held company.
Effective immediately, Popwire will operate as Telestream AB, a wholly-owned subsidiary of Telestream, and will continue to be located in Sweden.
(GB/CD)
VMI.TV Ltd

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