With this acquisition, VSN becomes the second Spanish company to join the Aspire Software family along with Telematel.
Montreal-based Valsoft Corporation Inc. (Valsoft), a company that focuses on acquiring and growing vertical software businesses that provide mission-critical solutions in their respective market, has acquired media management solution provider VSN Video Stream Networks.
Operating out of Terrassa, Barcelona in Spain, VSN provides solutions in media management, production, planning, multiplatform content delivery and broadcast or publishing through linear and non-linear channels. The acquisition of VSN puts Aspire Software (an operating group of Valsoft) in a new vertical and strengthens Aspire’s presence in Spain.
Commenting on the acquisition, Michael Assi, CEO of Aspire Software, an operating group of Valsoft, added: “We are excited to enter the Media and Broadcasting vertical and partner with a strong industry leader providing innovative solutions to global tier 1 customers. We are impressed by the VSN value proposition and the customer-centric culture that Jordi and his team have built over the last few decades. We look forward to welcoming VSN customers, employees and partners to the Aspire Software family.”
Jordi Utiel, CEO of VSN, said: “This new stage with Valsoft is, without a doubt, a great opportunity for VSN. We are thrilled with the strategic projection that Valsoft will bring us, expanding and consolidating our international expansion and outlining a new horizon for VSN in the Broadcast and Media industry.”
Founded in 1990, VSN is an industry leader in the Spanish market, with offices around the world, including North America, the Asia-Pacific region and Latin America. VSN’s tools manage the entire media life cycle, from ingest to broadcast and archive, in a seamless and unified way. For over 30 years, VSN has helped companies that work daily with video content improve their efficiency and productivity.
With this acquisition, VSN becomes the second Spain-based company to join Aspire Software family along with construction solutions leader Telematel. By joining Aspire Software, will be able to bring even better service to customers, while accelerating global expansion efforts. VSN founder and CEO Jordi Utiel will remain with the company to ensure a smooth transition in ownership and the global leadership team will continue to lead the business and will drive the product and company forward.
Under the Valsoft umbrella, VSN will continue to help its clients carry out their daily operations with maximum security and efficiency.