Business
Enghouse Buys Espial Group Inc.
Enghouse Buys Espial Group Inc. Canada NewsWire OTTAWA and MARKHAM, ON, May 27, ...
About this update from Enghouse Systems Limited
[{"type":"text","content":"\n\n\n\nEnghouse Buys Espial Group Inc.\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nOTTAWA and MARKHAM, ON, May 27, 2019\n\n\n\nAcquisition Broadens Enghouse Networks Product Portfolio\n OTTAWA and MARKHAM, ON, May 27, 2019 /CNW/ - Enghouse Systems Limited (TSX: ENGH) today announced that it has successfully completed its acquisition of Espial Group Inc. (TSX: ESP). \nHeadquartered in Ottawa, Canada, Espial provides a next generation, cloud-based software platform that enables Video Service Providers (\"VSPs\") or operators to deliver video and entertainment services. Espial's primary solution is a true SaaS cloud-based multi-tenant IP Video platform.  The solution powers millions of operator-managed set-top boxes and consumer owned devices globally.\nVSPs face increasing competition, rising content costs and disruption from over-the-top providers who are innovating faster than ever. To compete, VSPs must undergo a significant digital transformation, keep pace with continuous innovation and harness subscriber insights for improvement. Espial enables VSPs to bring to market new IP and app-based video services quickly, while providing them with continuous innovation and valuable insights. Espial's solution may also be used by enterprises and content providers to offer video services across a variety of mobile, tablet and web devices. \nEspial'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.\n\"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...