rAVe Scoop: Biamp to Acquire Wireless Sharing Company HRT

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Oregon-based Biamp will announce at ISE 2020 here in Amsterdam, that it has purchased Huddle Room Technology (HRT). In case you haven’t heard of HRT, it makes a wireless sharing and collaboration product (think Barco ClickShare) but its version includes wireless USB, as well (think Barco ClickShare Conference). However, the HRT HuddleHub has one wireless sharing feature no other product has — it allows you to “re-cast” the content to all the attendees in the room, too. This feature is called rebroadcasting.
“Rebroadcasting is one of the main reasons we purchased HRT,” remarked Biamp President, CEO and co-chairman, Rashid Skaf. “The ability to send wireless video both directions and the wireless USB functionality are key in our acquisition strategy.”
Headquartered in Italy, rAVe estimates HRT’s revenue to be in the $2.5 – $3.2 million range. Biamp’s sales in 2019 were about $110-130 million.

The deal is strategic for Biamp. The company has created a strong brand in the audio end segment of ProAV but hasn’t quite entered the video game successfully. The HRT Huddle Hub lineup, including the One and One+,  gives it that video entry. 

Founded in 2015, HRT has grown from a small startup, founded by Stefano Spattini and crowdfunded in 2017, to a global company with offices in Italy and Reno, Nevada.