India, July 9 -- Teltoo, a peer-to-peer software startup with links to the cable industry, has found its exit.

Looking to beef up its budding video delivery business and take greater aim at low-latency streaming of live video, Haivision announced Thursday it has acquired the Spain-based P2P technology specialist.

As for Teltoo's cable industry roots, it counts Liberty Global as a customer and early financial backer. Teltoo also participated in CableLabs' UpRamp startup incubator, which gave the cable R&D organization a small stake in the startup in exchange for guidance and critical exposure to cable operator technology decision makers.

Haivision isn't disclosing what it paid for Teltoo, but the Teltoo team, including company founder a...