Teracue was founded in 1991 by Karl-Heinz Wenisch and Wolfgang Schmiegelt as inPhase Fernseh-Studiotechnik to distribute products from Leitch and Videotek, which would ultimately come under the Harris banner (now Imagine Communications).

In 1998 the company moved into IP networking, developing what it claims was the first successful IPTV systems. In early 2014 Teracue was bought by German company Eyevis, a visual display and video wall system developer. Eyevis acquired all brands, names and patent rights, as well as keeping on the staff and management of its new acquisition. The renamed Teracue eyevis' IPTV product range provides a complete range of equipment to create a full network system. This includes video and audio codecs in formats such as H.264, MPEG-2 H.264, AAC (advanced audio coding) and MPEG-1/2 in one unit, AAC-only and MPEG-1/2-AAC for both SD and HD.

The MC-Trans is an H.264 and MPEG-2 transcoder in a 1RU rack-mount unit aimed for IPTV and live streaming applications. It is a network-based transcoder and converts multi-cast or uni-cast streams from MPEG-2 to H.264 or H.264 to MPEG-2. The decoding and player end is covered by the DEC-200 H.264 and MPEG-2 SD decoder blade and portable device, DEC-300 HD-SDI H.264 and MPEG-2 HD/SD decoding blade and portable unit, XPlayer stand-alone PC and laptop live stream viewing application, iCue Player software app for Windows, the StreamViewer H.264 and MPEG-2 HD/SD multiviewer/decoder and a range of set-top boxes from Amino. Recording and playback is handled by iCue-Playout, iCue Server, iCue-Player and iCue Recorder, while ElementManager is a remote control app for encoders, decoders and set-top boxes and MC-Route is a hardware router. The IPTV headend is catered for by the DMM-220 DVB to IP gateway.