Powersoft announced Thursday that it has signed a binding investment agreement to acquire a 51% stake in K-array. The agreement also grants Powersoft the option to purchase the remaining 49% of K-array’s shares. The transaction is expected to close by March 2025. Strategic Vision Powersoft CEO Luca Lastrucci called the acquisition a significant strategic move […]

ISE 2025 saw its largest turnout to date, with 85,351 unique attendees, 185,700 total visits and 110,540 registrations recorded at the Fira Barcelona Gran Via. The event drew visitors from 168 countries, reflecting its broad international reach. The exhibition floor spanned 92,000 square meters of net space and featured 1,605 exhibitors, making it the largest […]

QSC, LLC reached a definitive agreement to be acquired by Acuity Brands, Inc (“Acuity”). QSC will become part of Acuity’s Intelligent Spaces Group to execute our joint vision of making spaces smarter, safer and greener with disruptive technologies that leverage data interoperability. “Bringing QSC together with Acuity underscores the critical role AV technology plays in […]

UPDATE: Panasonic Connect reached out to rAVe on May 30, 2024, to offer the following comment: The recent reporting is not the result of any announcement by Panasonic. Regarding the contents of the below report and others, no decisions have been made at this time, and the company has nothing further to say. The Nikkei […]

Resideo Technologies Inc., a manufacturer and distributor of technology-driven products and solutions, and Snap One Holdings Corp., a provider of smart-living products, services, and software to professional integrators, announced a “definitive agreement pursuant to which Resideo has agreed to acquire Snap One for $10.75 per share in cash, for a transaction value of approximately $1.4 […]

Brian Dusho, known in the industry as the co-founder of Broadsign — a DOOH software company — died Dec. 15, 2022. Cause of death is not specified in the obituary. Dusho began his career in digital signage when he moved to Atlanta with his family — quickly rising through the ranks with titles such as […]