Frost & Sullivan Recognizes Telestream and Digital Rapids for Their Joint Dominance and Booming Growth in the Emerging Broadband Video Transcoders Market

MOUNTAIN VIEW, Calif., Nov. 30 /PRNewswire/ -- Based on its recent analysis of the broadband video transcoders market, Frost & Sullivan recognizes Telestream and Digital Rapids with the 2009 World Frost & Sullivan Award for Market Share Leadership. In a highly fragmented and competitive market, in which only four vendors had more than 10 percent market share each, Telestream and Digital Rapids showed strong revenues in 2008, garnering a cumulative market share of close to 36 percent. The reason for the dual recognition is that both vendors have a similar stake in the industry with significant brand holding and customer trust.

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