Telstra Ventures Managing Partner, Mark Sherman
With the consumption of digital video across multiple devices increasing year-over-year, the mechanisms for delivering high quality viewing to the end user is evolving from hardware to software and to the cloud. Telstra’s equity investment, soon to be combined with a commercial agreement that is currently being negotiated, will allow the company to integrate solutions from Elemental into the company’s network. This will provide media and broadcast customers with access to an award winning video solution for multiscreen content delivery and offer flexibility and scalability to ensure a great customer experience.
Sam Blackman, CEO and Co-founder of Elemental
Elemental and Telstra’s shared belief that the future of video delivery will be dominated by mobility, IP, and software-defined video architectures has brought our companies together with a common purpose. We’re excited to unite our resources with the goal of executing a shared strategy for IP video distribution on a global scale.