Updated: Sharp and NEC to Merge Display Divisions Into Joint Venture

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This story has been updated to add a letter sent to NEC Display partners and customers. Below is the official press release from NEC Display today. Before you read it, here are my thoughts: Unlike nearly every merger in our industry’s history, this is a new display company that will be made up of two […]

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Lifesize and Serenova Merge, Thanks to the Same Company That Led AVI-SPL and Whitlock Merger Last Month

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Marlin Equity Partners is merging videoconferencing provider Lifesize and Serenova, a contact center-as-a-service (CCaaS) provider. Marlin Equity Partners, a global investment firm with over $6.7 billion of capital under management, is the financial sponsor of the merger and will continue to invest and support the growth of the combined business to address the $60 billion […]

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Yorktel Buys Video Corporation of America’s Assets

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AV integrators Yorktel announced today that it will be acquiring the business assets of Video Corporation of America (VCA), a New Jersey-based provider of audio video integration, digital signage and unified communications solutions and services. “With very little overlap in our respective customer portfolios, the team at VCA brings extensive experience in audio and video […]

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Here’s a Glimpse Into How the ProAV Market is Doing

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On the third day of ISE last week, with little fanfare, Barco announced its 2019 earnings report while also commenting on how they think 2020 will play out. As we have very few publicly traded companies of this magnitude in the commercial AV space, I always appreciate Barco’s earnings report as it’s become a bellwether […]

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Residio, Owners of ADI and Honeywell Home, Just Entered the Commercial AV Market By Buying Herman ProAV

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Resideo Technologies (the $4.8 billion owners of ADI and Honeywell Home) announced Tuesday it has acquired privately-held Herman ProAV, based in Miramar, Florida. Herman ProAV is a distributor of ProAV gear but also offers procurement services and labor resources to AV systems integrators in the commercial AV industry. Herman ProAV serves customers across the United States and will be part […]

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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 […]

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Midwich Buys Starin for About $50 Million

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In a deal that is incredibly strategic for Midwich, the UK-based company announced this week that it’s purchased ProAV distributor Starin, headquartered in Chesterton, Indiana. Starin had revenue of about $200 million in 2019. Although the official announcement didn’t say how much Midwich paid for Starin, rAVe has learned the deal is worth under $50 million. […]

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AVI-SPL and Whitlock to Merge into One Giant Global AV Integrator

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AVI-SPL and Whitlock have jointly announced an intention to merge (technically, it’s a “definitive agreement to merge”) — both will be held by portfolio company, Marlin Equity Partners (a global investment firm with over $6.7 billion of capital under management). As you likely know, this means the second-largest AV integration firm is merging with the third-largest — jointly creating […]

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NSCA Updates Electronic Systems Outlook Report for Winter 2019

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NSCA’s Electronic Systems Outlook report has been updated for winter 2019 and includes information based upon actual data from January through November 2019, as well as forecasted information for 2020. NSCA partners with FMI to provide this report, which offers the newest, most relevant indicators of business opportunities for integrators. By tracking new construction starts […]

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Hey, Do You Own an AV Integration Firm? If So, Read This!

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NSCA has just released a new white paper: “Mergers & Acquisitions — Don’t Grow Your Business into the Ground.” Over the past few years, the systems integration industry has seen an active climate of mergers and acquisitions. Approximately 30 NSCA integrator members have been acquired in the last year alone. Although a successful acquisition or […]

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Focusrite Plc. Acquires Martin Audio Ltd.

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Focusrite plc., the holding company for Focusrite, ADAM Audio, Novation and the Ampify Music brands, announced the acquisition of Martin Audio Ltd. Thursday. This acquisition follows on the heels of Berlin-based studio loudspeaker manufacturer ADAM Audio, but has been a consideration for Focusrite Founder and Chairman Phil Dudderidge for years, who said: “I have known […]

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Origin Acoustics Hires John Marchionda, Promotes Marc Fisher

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Origin Acoustics announced the expansion of the company’s executive management team with the hiring of John Marchionda as its chief marketing officer (CMO) and the promotion of Marc Fisher as president of sales. In his new position, Marchionda will drive global brand marketing efforts for Origin Acoustics. Marc Fisher’s new role will now embrace all […]

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Private Firm Purchases Anixter International, Making It a Private Company

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Anixter International told rAVe Friday that a private investment firm called Clayton, Dubilier & Rice will purchase the company. The Anixter acquisition, valued at $3.8 billion, will turn Anixter back into a private company again. Anixter has been a publicly-traded company since 1967 on the NYSE American Exchange. When Anixter released The Blue Book in […]

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Haivision Buys LightFlow Media Technologies

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Haivision just announced the acquisition of a company you’ve probably never heard of but have certainly seen its work: LightFlow Media Technologies. This Haivision Lightflow Media acquisition adds artificial intelligence (AI) and machine learning technologies to Haivision’s portfolio for content-aware video encoding, content indexing and object detection, as well as optimization of video contribution, distribution […]

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ONELAN Parent Buys Tripleplay

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Tripleplay has been acquired by Uniguest, the parent company of ONELAN. As part of Uniguest, this new division will be a key component of a global organization that enables Tripleplay and ONELAN to leverage the group’s financial and support infrastructure to drive significant global expansion and service plans. The acquisition presents the strategic opportunity for […]

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Is Barco Buying Unilumin? I Believe It’s Just a Matter of Time 

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Barco just announced a strategic collaboration with Unilumin, a listed Chinese company that’s an LED manufacturer. Barco says it’s engaged in a wide-ranging partnership with Unilumin to secure a supply of LED display components, which allows broader penetration in its core markets with differentiated Barco LED visualization hardware and software solutions. But, isn’t it logical they will […]

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Sonance to Buy James Loudspeaker

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Sonance, a 36-year-old audio company known for its architectural speakers, announced today it has entered into an agreement to acquire James Loudspeaker. James Loudspeaker, a provider of both residential and commercial audio solutions (an marine), was established in 1999 by “a group of dedicated audio engineers, craftsmen and entrepreneurs.” “We could not be more excited […]

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Spinitar and Drake Systems Merge

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Spinitar today announced the merger of Drake Systems Group and Spinitar. DSG’s President David Drake will now serve as the regional vice president of Spinitar’s Healthcare division. Drake Systems Group formed in 2003 and focused on supporting the AV needs of hospitals, universities, medical office buildings, healthcare architects, healthcare contractors and medical device manufacturers. DSG […]

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In An Effort to Stop the Bleeding, Eiki Appoints Schippers as COO

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Eiki International just told rAVe they’ve hired John Schippers to the position of chief operating officer. As an Eiki employee for over 11 years, Schippers is well-versed in the company’s operations, making him well-suited to assume his new responsibilities. As the company’s chief operating officer, Schippers has oversight of Eiki’s operations in the U.S., Canada, […]

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Updated: Eiki’s Survival Is Questionable

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Update: Please see below a response from Eiki to this story. Things took a turn for the worse on Friday as Eiki laid off another round of greatness, including their 15-year general manager, Steve Rubery, and, according to one source, 50% of their tech and sales support teams. In addition, their dealer network was notified […]

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NSCA’s Growth Stats Are Wrong, But, Here’s What They Say

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NSCA’s Electronic Systems Outlook report has been updated for Summer 2019 and includes construction outlook information based on actual data from Q1 and Q2 of 2019, as well as a forecasted outlook for the remainder of 2019 and beyond. This report was initially created as a response to integrators asking about market conditions and trends […]

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AVI-SPL Buys Digital Video Networks

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AVI-SPL today announced the acquisition of Digital Video Networks (DVN) in the southwestern United States. A continuation of the company’s strategic growth plan, the merger will further strengthen AVI-SPL’s market leadership with additional talent and resources in a growing region while expanding the company’s leading global support and services delivery capabilities to current and prospective […]

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Another View on Biamp Buying Community and Apart Speaker Brands

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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 […]

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Barco Books Over $560 Million in First Half of 2019, Net Income Is $45 Million

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There aren’t too many publicly traded companies in the pro AV market so when one announces earnings, it should be paid attention to as a bellwether of the market. Today Barco announced financial results for the six month period ended June 30, 2019. Orders and sales increased in each division resulting in a consolidated growth […]

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Hitachi Becomes Maxell

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The Optronics Division of Maxell, Ltd. today announced that beginning as of Oct. 1, 2019, Maxell, Ltd., through its U.S. subsidiary, Maxell Corporation of America, will assume responsibility for all operations related to both Hitachi-brand and Maxell-brand projector products and accessories in the North American market. This announcement marks the culmination of a six-year progression […]

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Barco Sells Medialon (Live Control) – Not Overture Though

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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 […]

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Vidyo Acquired by Enghouse Systems Limited

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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 […]

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Broadsign Buys Campsite DOOH Programmatic Company

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Broadsign today announced that it has acquired Campsite, the Canadian digital out-of-home (DOOH) ad exchange that automates the buying and selling of DOOH inventory (known as programmatic advertising). This news follows the recent announcement that Broadsign acquired Ayuda Media Systems. Both transactions have closed. For DOOH media owners, the combination of Broadsign and Campsite will […]

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SnapAV Buys Control4

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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 […]

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Diversified Expands to Australia and Buys Rutledge AV

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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, […]

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