By James Kirby Industry Analyst, Futuresource Consulting Yet further consolidation has hit the professional audio markets, with Biamp’s acquisition of the Community and Apart loudspeaker brands. This follows a consolidation trend which Futuresource has being reporting on for some time, with pro audio moving further away from the independent, family-run industry it once was. This announcement […]
7thSense Design has reached an agreement in principle with Barco regarding the intended sale of the Medialon brand and ShowControl activities. The team behind 7thSense Design has led the acquisition to form a new company, Medialon Ltd., which will acquire the Medialon brand and ShowControl activities from Barco. The new company will join the 7thSense […]
Enghouse Systems Limited announced today it has acquired Vidyo for around $40 million. Vidyo’s annual revenue is approximately $60 million. Headquartered in Hackensack, New Jersey, Vidyo is a provider of video software solutions that support visual communications across diverse end-points, networks of varying bandwidth and geographically dispersed locations. The company’s infrastructure software platform leverages patented […]
DCC Technology (aka: Exertis) announced today the acquisition of COMM-TEC GmbH, one of the biggest pro AV distributors in Europe. Headquartered east of Stuttgart, the company generated over €90 million revenue in its last financial year. It employs over 150 staff across Germany, Switzerland, Austria, Italy and Spain and with sales operations in Eastern Europe. […]
SnapAV and Control4 Corporation today announced that they have entered into a “merger” agreement whereby SnapAV will acquire Control4 in an all-cash transaction for $23.91 per share in cash, representing an aggregate value of approximately $680 million. The Control4 stock last traded $17.12 per share so the shareholders are likely to take this buyout. Although […]
Diversified just announced the acquisition of Rutledge AV. As a top integrator in Australia, Rutledge AV’s client-base will enable Diversified to provide local support to clients and deliver the standards they’re known for in the Americas, EMEA and APAC. Diversified actually was our Readers’ Choice Award Winner for 2018. “I’m very excited for this endeavour, […]
Broadsign announced that it has reached an agreement to acquire Ayuda Media Systems. Both companies are headquartered in Montreal. For out-of-home (OOH) media owners who have an increasingly complex mix of digital and classic inventory/locations, the combination of Broadsign and Ayuda will enable them to streamline business operations across all of their inventory, digital and […]
L-Acoustics announced its intent to take a majority stake in DeltaLive UK (Delta Sound Incorporated (UK) Ltd.), an audiovisual services and rental company. This operation follows the November 2018 acquisition by L-Acoustics Group of HGP, a manufacturer of precision sheet metal, and its sibling entity, API, specialized in powder coating. For the founders of DeltaLive […]
NV5 Global announced today that it has acquired The Sextant Group. The Sextant Group has 11 locations and project offices throughout the US and is well-known for creating integrated technology solutions for a wide range of public and private sector clients. The Sextant Group’s 80 technology professionals have provided expertise on over 2,000 projects in 46 states. The acquisition was an all-cash transaction […]
GN Audio announced a conditional agreement to acquire Altia Systems Inc. (“Altia Systems”). Altia Systems, based in Cupertino, California (USA), is the developer of the Panacast multi-camera array technology. All necessary conditions have now been met and GN Audio has completed the acquisition of Altia Systems. This allows GN Audio to expand into plug & […]
JSAV has completed the acquisition of Buffalo, NY-based BAV. The combination of these two long-standing integrated audio-visual companies enables both to reach further outside their established markets. With a shared commitment to their clients and the highest level of quality reflected in both company’s outstanding customer satisfaction ratings, together JSAV and BAV have a combined […]
Level 3 Audio Visual, LLC, a full-service AV integration and education organization located in Mesa, Arizona announces today the acquisition of Audio Visual Resources, Inc. (AVR) located in Mineola, NY. The acquisition combines one of the nation’s top integration firms with the industry leader in system testing and verification and the only firm ever to […]
Today, GN Audio has signed an agreement to acquire Altia Systems Inc. (“Altia Systems”). Altia Systems, based in Cupertino, California (USA), is the maker of the PanaCast camera systems used in UCC applications. This market is expected to grow significantly from a currently low penetration rate fueled by easy to use (plug and play), integrated […]
Today, Bose announced the acquisition of ZiipRoom, a developer of productivity and connectivity software for meeting rooms, conferences and devices. ZiipRoom will integrate into Bose Professional, the dedicated group within the company that focuses on the needs of professional audio designers, consultants and system integrators. The announcement was made by Akira Mochimaru, general manager for […]
Biamp, a supplier of professional audio and video solutions based in Beaverton, Ore., today announced the acquisition of Cambridge Sound Management (CSM) from Gladstone Investment Corp. Headquartered in Waltham, Massachusetts, CSM is a leader in the fast-growing sound masking market. CSM provides direct and in-plenum sound masking solutions and is a frequently installed sound masking […]
2018 has been an interesting and eventful year in the AV and collaboration industries. We’ve seen a number of mergers and acquisitions, rebranding of products, new players big and small entering the market and an avalanche of new products. So what does 2019 have in store for us? I don’t have a crystal ball, but […]
The Riverside Company has signed a definitive agreement to sell DPA Microphones (DPA) to RCF Group (RCF). During Riverside’s investment, DPA’s sales and EBITDA nearly doubled while its product portfolio and distribution network grew significantly, according to DPA. “Together with the DPA team, we were able to achieve all of our goals for this investment,” […]
SnapAV acquired Volutone this week. Volutone adds seven branch locations — six in California and one in Las Vegas (and also serving Hawaii). SnapAV entered the home-tech marketplace 12-years ago counting on an eCommerce platform to be the differentiator. It worked. SnapAV started out selling cables, connectors, furniture and video projection screens but eventually started […]
STRATACACHE has announced the acquisition of Sys-Teams, a UK-based integration company. With this acquisition, led by STRATACACHE Capital Managing Partner Dirk Huelsermann, STRATACACHE is positioning itself as a global solution and service delivery company, adding the 35-person Sys-Team team of technicians, engineers and installers to the current 750 employees STRATACACHE already has. Sys-Teams has focused […]
AVI-SPL has just purchased Tennessee-based Interactive Solutions, Inc. (ISI) and its employees have officially joined AVI-SPL, effective Nov. 1, 2018. ISI is headquartered in Memphis, with another office in Nashville, and began serving customers in 1996. Over the years, the ISI team has focused on the customer experience and a cultural commitment to supporting client business needs throughout a […]
Two companies in the enterprise collaboration market, Videxio and Pexip, today announced their intention to merge. Videxio, founded in 2011, is a provider of cloud videoconferencing and collaboration with solutions that fit companies and organizations of all sizes, from start-ups to enterprises. Pexip, founded in 2012, provides a software-based meeting platform that is designed for […]
Kingswood Capital Management (a private equity firm) announced today that it has acquired Houston, Tex.-based WAVE Electronics and will merge WAVE with its portfolio company, AVAD — you may recall that Kingswood purchased AVAD from Ingram Micro back in July 2016. Kingswood says that this will create the largest distributor of AV, security and home […]
Spitfire Creative Technologies, the parent company of Magenta Research and tvONE, has purchased Green Hippo, a developer and manufacturer of media servers and digital display products with offices in the UK and the U.S. Spitfire also owns tvONE and Magenta Research, manufacturers of video processing and signal distribution products. “Green Hippo and tvONE each have […]
LOUD Audio, LLC today announced that it has sold the EAW business from its portfolio of pro audio and MI businesses to the Italian pro-audio company RCF Group. This is the third and final divestiture by Transom aimed at allowing LOUD to narrow its focus to the Mackie brand and deliver the best possible products […]
Every business owner in every company hopes, especially when they invent or pioneer something unique, that their competition will be good. Bad competition tends to shred an industry and can lead to its eventual demise. For example, I have many friends that own AV integration firms — they love the good competition and loathe the […]
Almo Professional AV announced it has acquired certain assets of Insteo, Inc., a specialized digital signage content and creative company that programs and designs content for digital signage, then provides tools to manage the day-to-day changes in the cloud. As part of the acquisition, the Almo content creation team is being led by Jim Nista, […]
Stampede today announced that it has been acquired by the technology division of DCC plc, a £14.3 billion revenue, London Stock Exchange listed (LSE) international sales, marketing and support services group that employs 11,000 people in four divisions operating in 17 countries. Who the heck is DCC? DCC is a leading international sales, marketing and support services group that operates through four divisions: […]
LOUD Audio, LLC today announced that it has sold the Martin Audio brand from its portfolio of Pro Audio and MI businesses to UK-based mid-market private equity investor LDC. LPUD says that this move is aimed at allowing LOUD to narrow its focus and deliver the best possible products and experience to its pro audio […]
Diversified has announced the acquisition of UK-based Digitavia. Diversified Founder and CEO Fred D’Alessandro said, “In today’s global economy, overseas expansion is a necessary step in continuing our strategic plan and success. Having successfully partnered with the Digitavia team on multiple projects in the past, the decision to combine our companies and bring them into […]
Vogel’s just announced its intention to take a majority ownership stake in SmartMetals Mounting Solutions. SmartMetals is a well-known European-based manufacturer of floor, wall and ceiling mounting solutions for projectors, displays and whiteboards. With this majority interest, Vogel’s wants to position itself even more as a specialist in AV product solutions. It is strengthening its […]
Today Leyard and Planar announced that they have completed the acquisition of eyevis, which includes the company Teracue. In line with the announcement earlier in April, Leyard and Planar have completed the acquisition process. Through this geographic expansion, the companies will better serve customers in EMEA with combined marketing, sales, installation support and customer service. “We are pleased to welcome eyevis and Teracue […]
Today Leon Speakers announced that it has acquired Terra Speakers, Maine-based manufacturer of rugged, all-weather speakers. Leon and Terra have a long history of working together. Terra’s All Climate FIVE line of all-weather loudspeakers was designed in partnership with Kaplan, and Leon’s Boundary Series outdoor speakers are made with drivers manufactured by Terra at its […]
