AMETEK has announced that it has completed two acquisitions: Brookfield Engineering and ESP/SurgeX. “Brookfield Engineering and ESP/SurgeX are excellent acquisitions and strong additions to our Electronic Instruments Group. These businesses will allow us to expand our presence in laboratory instrumentation and power protection, two attractive growth platforms,” comments Frank S. Hermance, AMETEK Chairman and Chief […]
InFocus today announced the acquisition of Avistar a videoconferencing software provider specializing in technology that enables seamless video calling from mobile devices, video phones, tablets, desktops, touchscreen solutions and large-format video walls. This acquisition, following the recently announced acquisition of Jupiter Systems, adds U.S. to the InFocus product line and makes them a full-service end-to-end […]
“What does success look like in 2019 for InfoComm?” asks InfoComm Executive Director Dave Labuskes. This question is at the heart of InfoComm’s new strategic plan, which board members and employees are working hard on and expect to finalize and put into action sometime next year. The new strategic plan was a focus of Labuskes’ […]
Christie today announced the acquisition of Allure Global Solutions, Inc. (Allure), an engagement and transaction technologies provider, as well as all of its products and services. The firm is headquartered in Atlanta, and will operate as “Allure, a Christie Company.” Allure provides digital signage, point-of-sale and consumer engagement solutions, in the form of products and […]
AV Stumpfl, known for their show control products, is aiming to grow. “The industry recognises us for our reputation in engineering design, innovation and return on investment,” says Tobias Stumpfl, CEO. “Our aim is to become the preferred supplier to more companies, in more regions and in new markets. To achieve this, we need to be […]
SnapAV’s growth story since launching in 2005 is entering an exciting new chapter as it buys its first display company — and more acquisitions are in the works. The Charlotte, NC-based manufacturer, known for its focus on the residential AV market as being both a manufacturer and a distributor, just announced the acquisition of outdoor […]
Digital Media Solutions (DMS), owner of the StormAudio brand, and its subsidiary Digital Media Solutions Residential (DMS-R), have been acquired by Auro Technologies, the creators of the Auro-3D immersive sound format. The deal brings the audio electronics expertise of DMS into the Auro Technologies family, and provides R&D, design, and manufacturing capacity to complement its […]
Audioprof Group International has acquired a majority share in Community Professional Loudspeakers, a U.S.-based loudspeaker manufacturer with global sales activities. Community is a market leader with a strong track record in large and medium sized fixed install audio applications. It was founded in 1968 by Bruce Howze and became an innovator in the audio industry through revolutionary […]
InFocus Corporation has acquired video wall and enterprise collaboration innovator Jupiter Systems. Jupiter’s offerings make access to critical visual information simple, secure and reliable, and complement InFocus established ecosystem. The acquisition expands InFocus’ offering to include display wall processor technology, bringing a 360-degree view of operations to any control room, conference room, and mobile device. […]
The interactive whiteboard market has grown at a tremendous pace over the last decade. Initially major uptake was in the UK, Mexico and the USA, but they have now become common place across the globe. As the technology has evolved over the last few years, we are now seeing interactive flat panels gain traction in […]
ScanSource today announced the execution of a letter of intent to purchase the assets of KBZ, a Cisco Authorized Distributor. Founded in 1987 and based in Doylestown, Pennsylvania, KBZ operates in the United States and has approximately 75 employees. The company’s sales for the trailing twelve months ended June 30, 2015 are estimated to total […]
Planar just informed its clients that it is merging with a Chinese manufacturer. Here is the letter they were sent (from Adam Schmidt, Planar vice president of sales): Planar announced that we have entered into a definitive merger agreement with Leyard Optoelectronic Co. Ltd., pursuant to which a U.S. affiliate of Leyard will acquire all […]
Sam Malik, formally VP/GM for ASK Proxima as well as the person who ran Sanyo projectors back when they were #1, is the new president of PROXIMA DISPLAYS in Carson, Calif. Effective Aug. 17th, 2015, Malik is taking the reigns of the new company that will offer a full line of LCD and DLP projectors […]
Extron just announced that it has purchased Entwine AG of Zurich, Switzerland. A software company, Entwine specializes in building end-to-end video capture and presentation capture solutions using an open source software called OpenCast Matterhorn, as well as HTML5 and WebRTC. Of course, Extron’s been in the lecture-capture hardware market since last summer when they debuted […]
Reuters reported this morning that Sharp Corporation has decided to exit the TV market in North and South America. They’ve not been profitable in the TV market in years and after a $2 Billion refinance, they promised to eliminate 5,000 jobs — this was the best and easiest way to do that. Cut the department […]
STRATACACHE today announced its acquisition of IZ-ON Media from Technicolor. IZ-ON Media is the leading digital media company specializing in in-store shopper marketing solutions that activate shoppers along the path to purchase right up to the point of sale. The acquisition includes all existing relationships with top retailers. IZ-ON Media helps retailers and brands build […]
By Nick Jiang DisplaySearch The LCD market seems poised to overcome the downturn in growth by focusing on China, which has emerged as the world’s largest consumer electronics market. Chinese electronics brands are now ranking second behind top-tier global brands, thanks to their enormous consumer market at home. However, there are still difficulties in generating […]
Soundcast, manufacturer of wireless music systems announced this month the sale of the company to a private equity investment firm, Hancock Park Associates (HPA). The firm also appointed consulting company The OAC Group to manage Soundcast, making them responsible for marketing and sales strategy, new product development, engineering, customer service/support systems and finances. The OAC […]
The OVAB Europe Digital Signage Business Climate Index was launched in Scandinavia with the May-June 2015 issue. On a scale from -100 to +100 base points the index stands at 66,65 points. This very positive rating reflects the good business sentiment of the Digital Signage industry. I believe it [the DBCI] is highly relevant for […]
MUSIC Group has today announced the acquisition of TC Group, one of the largest group of companies in the professional audio industry. Headquartered in Denmark, and with offices all over the world, TC Group owns and manages some of the most acclaimed brands such as Tannoy, Lab Gruppen, Lake, TC Electronics, TC Helicon and TC […]
Sony has announced that it will spin-off its video and audio business units as separate companies – but we don’t know yet if it will be called Sony. Here’s the BBC story on the future of the company. Looking to profit $3.3 Billion U.S. by March 2018, Sony plans to become a “service” company with […]
HARMAN today announced the acquisition of Melbourne, Australia-based SM Pro Audio and its incorporation into the HARMAN Professional Division as an innovation hub for a wide range of pro audio and musical instrument (MI) technologies across HARMAN’s professional product brands. According to Blake Augsburger, president, HARMAN Professional Division, the depth of innovation and quality of […]
AwoX, a self-professed smart home company, acquires 100 percent of the shares of French audio company Cabasse from the Canon Group for €2 million and earn-outs of up to another €2.5 million. Created in 1950, Cabasse is well-known in electroacoustic for its range of high-end acoustic loudspeakers, home integrated sound systems and connected high-fidelity speakers. […]
STRATACACHE today released the results of a survey it did to measure the ROI of digital signage in banks. The report, called Understanding the Role of Digital Signage in Retail Banking, was actually administered by a brand valuation firm and market research firm, Brand Finance and Luth Research. For more information on the study and […]
The global large-screen public flat-panel display (FPD) market is rebounding after declines in 2012 and flat growth in 2013. According the NPD DisplaySearch Quarterly FPD Public Display Shipment and Forecast Report, the market is expected to grow 14 percent in 2014 and 27 percent in 2015, as economies gradually recover from the global economic downturn. […]
We collect business plans of TV panel makers in the Quarterly LCD TV Value Chain & Insight Report, and the current 2015 target is 257M, up only 3 percent Y/Y from 2014, which is 249M, as described in the Quarterly Large-Area TFT Panel Shipment Report. However, 2015 will show strong area growth, as large panels […]
Interactive whiteboards (IWB) and interactive flat panel displays (IFPD) in the education and corporate sectors achieved close to 440,000 unit sales globally in Q3 2014, making it the second largest quarter since Futuresource Consulting began tracking the market more than 15 years ago. “The product shift from interactive whiteboards to interactive flat panels continues to […]
TFT LCD panel suppliers are expanding their business plans this year, as the market demand for key applications grows. According to the latest DisplaySearch Quarterly Large-Area TFT Panel Shipment Report, TFT panel suppliers are forecast to ship 718 million large area (9” and larger) panels in 2014, 3 percent Y/Y growth. Some panel price increases […]
elevate DIGITAL will expand its presence in Nevada as part of a $4 million funding led by Advantage Capital Partners in conjunction with the company’s first tranche of Series B funding. elevate will open an office in Las Vegas, its third office company wide, creating approximately 17 new jobs and expanding their capabilities within the […]
The APAC projector market expanded by nearly 9 percent in volume in Q3 2014, to reach 964,000 units, equating to a 7 percent increase in value, up to $1.2 billion, according to the latest quarterly projector market update from Futuresource Consulting. “Indonesia and India performed well during the quarter, with close to 47 percent and […]
Year-over-year large-format commercial LCD display shipments in the United States have increased for eight consecutive quarters. According to the latest NPD DisplaySearch Monthly Large Format Commercial Displays Sell Through Report, despite pressure from consumer televisions, hybrid displays, and other lower cost display alternatives, sell-through of commercial LCD displays has continued to increase modestly. Sell-through of […]
More 4K ultra-HD (UHD) TV sets were shipped in Q2’14 than shipped all year in 2013. According to the NPD DisplaySearch Quarterly Global TV Shipment and Forecast Report, 2.1 million sets were shipped in Q2, compared to 1.6 million in 2013. Brands introduced their 2014 model ranges in Q2, with a clear focus on 4K […]