News : Acquisition Broadens Enghouse Networks Product Portfolio
Ottawa and Markham, ON, Canada, May 27, 2019 -- Enghouse Systems Limited (TSX: ENGH) announced that it has successfully completed its acquisition of Espial Group Inc. (TSX: ESP).
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Headquartered in Ottawa, Canada, Espial provides a 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.
"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 & CEO of Enghouse. "We are pleased to welcome Espial's customers, employees and partners to our organization."
Posted by Veronica Silva Cusi, news correspondent
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About Enghouse Systems Limited:
Enghouse Systems Limited is a leading global provider of enterprise software solutions serving a variety of vertical markets. Its strategy is to build a large diverse enterprise software company through strategic acquisitions and managed growth. Enghouse shares are listed on the Toronto Stock Exchange (TSX: ESL).
Published: Tuesday, May 28, 2019