Telestream just won’t let up spending its parent’s cash. The latest strike on the video quality test and measurement specialist’s aggressive acquisition streak is Encoding.com – but doesn’t Telestream already have encoding software strings to its bow, you ask? That it does, but this deal is smarter than one file-based video encoding business acquiring a smaller rival. Encoding.com has a roster of technologies with microservices including packaging, automated quality control (right up Telestream’s street), DRM, dynamic ad insertion and streaming conditioning, forensic watermarking, Nielsen support, and programmatic editing features, as well as its flagship video compression capabilities. Telestream’s Episode product suite, meanwhile, includes a 10-bit encoding engine and fine-tuning compression for simple transcoding jobs as well as more complex encoding…