ProVideoCoalition has the blurb announcing that Telestream has acquired Vara Software, makers of ScreenFlow and Wirecast.

I’m not sure what to make of that – Telestream has shown good taste in who they acquire, having previously purchased Popwire, makers of the Episode line of products. However, Vara was a rising star in the mac software community, consistently delivering highly polished, fun to use, reliable applications that pushed the boundary of what was thought possible. One hopes they continue to retain some independence after the acquisition, and can keep churning out the products that have won them so much acclaim.

Anyways, congrats guys, hope you made some serious cash.