The provider of the Open Source (News - Alert) Online Video Platform, Kaltura recently teamed up Wowza Media Systems to offer video streaming capabilities to its customers. The new partnership will enable Kaltura platform to broadcast live video streams to deliver consistent, high-quality live viewing experiences on any device.

This arrangement will help media companies and operators, educational institutions and enterprises to proficiently deliver live video to any devices, together with smartphones and tablets, connected and Smart TVs, set-top-boxes and gaming consoles.

"Kaltura became a market leader with its unique open source model, cutting-edge tools and comprehensive services to simplify the creation of engaging video experiences," said Wowza (News - Alert) CEO and co-founder David Stubenvoll.

Stubenvoll said that the addition of the Wowza Streaming Engine delivers a scalable live streaming solution to enable Kaltura to meet the growing demand for live video with an integrated, elegant solution that provides the best possible user experience for both Kaltura customers and their audiences.

The Kaltura platform engages hundreds of millions of viewers by providing media companies with advanced video management, publishing, and monetization tools that increase their reach and monetization and simplify their video operations.

With the new capability, Kaltura customers can provide a single stream and have it transcoded in real-time to multiple formats for cross-device distribution. There is no requirement to re-ingest the recording, exchange the player embed code or lose one second of playback and monetization as live event value is extended to a VOD asset.

Users can also clip small segments of the live stream for VOD publishing during the live broadcast.

Ron Yekutiel, Kaltura chairman and CEO said, "Wowza's out-of-the-box system and future-proof technology catapults Kaltura ahead of the competition in the depth and breadth of our live product offering."

Both the companies are planning to demonstrate the solution capabilities at Kaltura Connect, happening in New York City June 16-18.