MacVoices #11106: Dan Castles of Telestream Discusses Their Acquisition by Thoma Bravo
Telestream CEO Dan Castles joins us to talk about their acquisition by private equity investment firm Thoma Bravo, LLC, and what it means to the future of the company and their products. Dan explains how the acquisition will give Telestream increased flexibility in both organic and acquisition growth for the future and, their place in the digital video market, and the range of their products. From the ubiquitous Flip4Mac WMV to the new enterprise product Vantage, Telestream produces products for all aspects of digital video production; Dan talks about some of those, their business planning process and more.
Chuck Joiner is the producer and host of MacVoices, MacVoicesTV, MacNotables and The MacJury, a group of shows and web sites that make up The MacVoices Group, and is part ofMacLevelTen . You can catch up with what he’s doing by following him on Twitter, friending him on Facebook, or circling him on Google+.
A Telestream co-founder, Dan Castles has over 25 years of TV industry executive experience. Under his leadership, Telestream has become the recognized worldwide leader in enterprise-class video transcoding and workflow solutions, addressing the numerous video format and device incompatibilities encountered when delivering video over the Internet or within a facility. Dan was named President of Grass Valley Group (then a division of Tektronix) in 1994, following a sixteen year career at Portland-based Tektronix, where he served as Controller and then as Vice President of the Television Division. Dan holds a B.A. in Business from Washington State University and an MBA from the University of Portland. Follow Telestream on Twitter to stay up-to-date with their products and activities.