Enghouse Systems Acquires Espial Group

Enghouse Systems Limited (TSX:ENGH), a software company founded in 1984 announced that it has acquired Espial Group (TSX:ESP), a video platform company that designs intuitive apps for mobile and streaming services.

As quoted in the press release:

Espial’s SaaS video platform includes scalable cloud-based server and client software for AndroidTV and Reference Design Kit based set-top boxes and apps for a variety of consumer goods and services. These include mobile phones, tablets and streaming services like Smart TV, AndroidTV, Roku, FireTV and AppleTV. Espial also offers VSPs and device manufacturers its software components and professional services as a solution for on-premise network deployments.

“Espial’s TV as a service suite of applications adds a new media and content offering to our Enghouse Networks telecommunications service provider portfolio, enabling our global customers to deliver emerging, next generation IP and 5G network subscriber services,” said Stephen Sadler, Chairman & CEO of Enghouse. “We are pleased to welcome Espial’s customers, employees and partners to our organization.”

Click here to read the full press release.