Espial Agrees to Acquire Kasenna
Espial agreed to acquire Kasenna. Espial is based in Ottawa, Canada with major offices in the United States, United Kingdom, Germany, China, and Japan. Espial provides IPTV middleware and applications software. Kasenna is California based and provides video on demand systems as well as its own middleware software. The transaction is expected to close about July 9, 2008.
Espial has been working to move up the chain and become a prominent IPTV systems provider. KasennaIas was a spin off that has been providing video on demand systems for many years and also made a significant involvement. While Kasenna’s strong market presence and this acquisition will increase Espial’s presence in the market, it still has a lot of work to do.







