Liberty Global Ventures and Telefónica have exited the video streaming technology developer in an acquisition of undisclosed size by Haivision.

Canada-headquartered video streaming technology provider Haivision has purchased Teltoo, a US-based peer backed by telecommunications firms Liberty Global and Telefónica, for an undisclosed amount, it revealed yesterday.

Teltoo has developed a video analytics system that helps users deliver high-definition online video streaming, while cutting down on issues caused by network congestion.

The platform will be merged with Haivision’s artificial intelligence and machine learning-equipped content delivery network technology to enhance its streaming capabilities.

The company was part of Virgin Media &…

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.