Creative Solutions, which is a division of the Vitec Group, recently announced the acquisition of Lightstream, a tech company that builds a cloud-native live video platform that specializes in streaming in the video game industry. This acquisition will allow Creative Solutions to bring its hardware, mobile apps, and cloud technology to the esports market on a global scale.
“The powerful combination of our unique cloud-native products and Teradek’s market-leading hardware, apps, and cloud technology unlocks truly limitless creative potential,” said Stu Grubbs, CEO & Co-Founder of Lightstream. “We couldn’t be more excited to join such respected brands and a talented group of people just as driven by the power of storytelling.”
Lightstream currently offers three products. Lightstream Studio is a live streaming studio that removes technical hurdles for beginners. Lightstream Cloud allows developers to build creative software and live streaming platforms on the company’s powerful cloud architecture. Meanwhile, Rainmaker.gg provides the tools creators need to understand, engage, and activate their audience.
Creative Solutions is headquartered in California. Vitec Group’s Creative Solutions Division designs and manufactures premium products for broadcasters, film, and video production companies, independent content creators, and enterprises.
(All information was provided by Business Wire)