Enghouse Systems (TSX:ENGH) has completed its acquisition of Espial (TSX:ESP).
Headquartered in Ottawa, Canada, Espial provides a cloud-based video software platform. Espial's primary solution is a SaaS cloud-based multi-tenant, multiscreen IP video platform that includes scalable cloud-based server and client software for AndroidTV and RDK-based set-top boxes and apps. Espial also offers service providers 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 and CEO of Enghouse. "We are pleased to welcome Espial's customers, employees and partners to our organization."
Enghouse is a global provider of enterprise software solutions serving a variety of markets. Its strategy is to build a more diverse enterprise software company through strategic acquisitions and managed growth within its business sectors: contact center, networks (OSS/BSS) and transportation/public safety.