FORTÉ is pleased to announce the acquisition of Dascom Systems Group. Dascom Systems Group is a full-service integrator of IPTV services, including IP networking, video, applications and integration.
FORTÉ will operate the company as Dascom Systems Group from its Saint Paul, Minn., location and will retain all employees.
"We have been interested in Dascom for many years," said Jeff Stoebner, CEO of FORTÉ. "They are experts in delivering video over IP that allows network providers all over North America to deliver TV services over those IP networks. FORTÉ will invest in this great company and provide scale for the business to grow with the expanding market."
"We are excited to join the FORTÉ team and to give our staff the future opportunities found in an employee owned company," said Dan Takkunen, CEO of Dascom Systems Group. "We also see great benefits in combining FORTÉs audiovisual depth and resources with our IPTV knowledge and experience."
The Managing Principals of Dascom Systems Group will be joining FORTÉ Leadership Team. The transaction is expected to close in the Fall of 2017.
About Dascom
Dascom is the leading integrator of legacy and next-generation IPTV systems since 1995 with more than 200 telecommunications customers in the United States, Canada and the Caribbean. Dascom offerings include headend integration, Over-the-Top (OTT) video, IPTV, middleware, local video content offerings and production, Video-on-Demand (VoD) and adaptive video streaming. For more information about Dascom Systems Group, please visit www.dascom-systems.com