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Telerent Buys Avidex

avidex-telerent-1112Avidex Technologies, an AV integrator based in Bellevue, Wash., just announced it was sold to Telerent Leasing Corporation (TLC), a subsidiary of ITOCHU International, Inc. TLC is a national provider of hospital television systems through its TeleHealth Services division and is headquartered in Raleigh, N.C.

Avidex and TLC have confirmed that Avidex’s offices in Seattle, Wash., Fremont, Calif., Spokane, Wash. and Salt Lake City, Utah will continue to operate as usual and that Avidex personnel will continue as employees of the Avidex subsidiaries of TLC. The three owners and founders will continue in their leadership positions at Avidex, and be joined by TLC’s vice president of corporate development, Joel Harris, who will serve as CEO of Avidex Technologies, Inc.

Paul Peck, president of Avidex, said this company is enjoying one of the strongest years in its history. He said, “AV systems are becoming more sophisticated, and are capable of delivering more value, every year. This [TLC’s acquisition] continues to reward our strategy of providing our corporate and healthcare clients state-of-the-art systems that are reliable and intuitive to operate.”

Peck commented that Avidex would be expanding its corporate operations to the east coast, and would create a separate new division specializing in healthcare facility A/V solutions — something that we’re sure the folks at Whitlock (with headquarters in Richmond, Va. but with its most successful office in Raleigh, N.C.) will be interested to know.

So, what does rAVe think? Well, as long as Mike Clark is part of the deal — and stays with Avidex  — we’re quite sure this will be successful: He’s Mr. Avidex. So, watch carefully. If he leaves, this will not follow a good path. If he stays, we’ll see a strong Avidex presence on the east coast too.

Avidex can be found here: http://www.avidexav.com

Telerent can be found here: http://www.telerent.com

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