Thoma Bravo Buys Telestream
Private equity firm Thoma Bravo, which has offices in San Francisco, said today that it has acquired Nevada City, California-based Telestream. Telestream is a provider of video transcoding software. Financial terms of the buy were not disclosed. Thoma Bravo said that Telestream will continue to be headed by co-founder and CEO Dan Castles. Thoma Bravo said the acquisition is its nineteenth in the software space. Telestream was founded in 1998, and has 160 employees.
posted on Tuesday, January 10, 2012
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