'Lamp Freedom' Program May 10, 2013 (5:34 pm) |
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Digital Projection International (DPI, Atlanta GA) is offering a “Lamp Freedom” program for purchasers of HIGHlite Series or TITAN Series projectors from authorized DPI Commercial AV or Home Cinema dealers in the Americas or Canada, from May 1, 2013 and June 30, 2013. The program qualifies the end user for a free set of replacement lamps in years two and three of each projector’s three-year warranty.
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Because lamp replacement costs are a key concern when calculating the long-term cost of ownership of high-brightness projectors, this program ensures that end users purchasing these displays will receive a dramatically reduced cost of ownership benefit. Depending on the model purchased, the program can represent more than $10,000 in lamp savings during the three-year warranty period. For customers with typical use applications (defined by DPI as 1000 to 1500 hours per year), this program will eliminate lamp purchase costs during the warranty period. For more details go to digitalprojection.com/freedom. |
Magnetic 3D Purchases Stock From Former Partners May 1, 2013 (3:24 pm) |
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Magnetic Media Holdings, Inc. (Magnetic 3D, New York NY), which offers autostereoscopic, “glasses-free” 3D displays and digital signage solutions, has purchased 240,000 shares (18% of the company’s outstanding equity) from former shareholders Peter Zahakos and James Zahakos. In addition, Magnetic 3D satisfied all outstanding loans and other obligations to the Zahakoses.
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These transactions have terminated their involvement with the company and have further solidified Magnetic 3D’s financial position. “Given the underlying strength of Magnetic 3D’s glasses-free 3D technology and long-term business prospects, we felt that the timing was right to repurchase the stock from the Zahakoses," said Norm Jacobs, the company's lead investor and largest shareholder. “We look toward a bright future with investors who share a common vision for Magnetic 3D.” |
GIBSON GUITAR TO BUY TEAC March 29, 2013 (12:34 pm) |
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NashvilleTN-based Gibson Guitar Corp. is buying TEAC Corp. of Japan for about $52 million, continuing the company’s push into the audio equipment industry. TEAC provides audio, video and data-storage equipment. According to a news release, upon completion of the acquisition, through Gibson’s purchase 157.4 million shares of TEAC common stock, TEAC will become a member of the Gibson family. This will not only expand the size and reach of Gibson’s Pro Audio business, with products that both complement and build upon the KRK, Cerwin-Vega! and Stanton portfolio of studio monitors, sound reinforcement equipment and DJ gear respectively, in addition to strategic partner, Onkyo Corp. (Osaka, Japan), but also in future product development, has the potential to add value to the Gibson MI segments, as well as the fretted instrument category. |
TEAC is recognized for its Esoteric brand, including multichannel recorders, handheld recorders and Apple iOS devices, with growing opportunities in mixers and computer audio interfaces. TEAC has been acknowledged as initiating the home recording revolution that changed the face of the music industry by introducing affordable multitrack recording, a technology invented by Les Paul. |
A-T U.S. MOURNS THE LOSS OF HIDEO MATSUSHITA March 18, 2013 (1:53 pm) |
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Hideo Matsushita, Founder and Executive Emeritus of Audio-Technica Corp., died on March 5 at the age of 93. He is being mourned by Audio-Technica U.S. (Stow OH). Phil Cajka, Audio-Technica U.S. President/CEO stated, “Hideo Matsushita was a wonderful person and a true visionary, laying the foundation for Audio-Technica to grow over the past 50 years. He exemplified true leadership, with commitment to and passion for music, and an unmatched work ethic. His loss is felt not only by everyone in the A-T family, but also by the entire music industry.” |
On the eve of A-T’s 40th anniversary in 2002, Hideo Matsushita reflected on the company’s early beginnings: “I came to Tokyo at age 32 and, thanks to an introduction by my uncle, went to work for the Bridgestone Museum of Art. At the urging of the museum’s director, I began organizing LP concerts. These were much more successful than anyone imagined. After a decade at the Bridgestone Museum, I struck out on my own and established Audio-Technica in 1962.” The company, headquartered in a rented one-story barracks in Shinjuku, immediately launched its first product, the AT-1 Stereo Cartridge. “We started out with three employees, but quickly grew to 20. We worked late each night, stopping only for dinner at the ramen shop in front of the premises.” Decades of growth followed. In 1993, Hideo Matsushita took the position of Chairman, and his son, Kazuo Matsushita, became President of Audio-Technica Corp., a position he still holds today. |
SAMSUNG TO BUY 3% STAKE IN SHARP March 7, 2013 (2:30 pm) |
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Samsung Electronics Co. (Soul, Korea) has agreed to buy a 3% stake in Sharp Corp. (Osaka, Japan), making Samsung the biggest individual shareholder that isn’t a financial institution and the fifth-largest stakeholder overall. The ¥10.4 billion ($111 million) investment comes as Sharp, a supplier to Apple Inc. (Cupertino CA), scrambles to raise funds and secure customers for its liquid-crystal displays in an effort to prove to its bank lenders that its business prospects remain solid. The investment fortifies the partnership between Samsung and Sharp, and also lays a foundation for Samsung to secure a steady supply of LCD panels. Samsung was once Sharp’s most feared rival in LCD panels and television sets. Sharp needs capital injections to secure its balance sheet after a planned ¥66.9 billion investment from Taiwan’s Hon Hai Precision Industry Co. (trading as Foxconn, New Taipei City, Taiwan) fell through last year. Samsung will have no involvement in Sharp's management. |
Sharp is the only LCD manufacturer currently operating an advanced manufacturing facility (in a separate partnership with Hon Hai) capable of turning out TV panels from the industry’s largest sheets of glass. As a result, Sharp can lower the manufacturing costs of screens larger than 60 inches. Samsung may also rely on Sharp to supply panels for tablets. |
LG Display Invests In 8th Generation OLED TV Panel Line February 22, 2013 (1:00 pm) |
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LG Display (Lincolnshire IL) is investing KRW 706 billion (about US$650 million) in a new 8th generation OLED TV panel manufacturing line, to be installed at its P9 plant in Paju, South Korea. The company plans to begin investment in the line, which will focus on WRGB OLED evaporation process, in the first quarter of 2013, with mass production scheduled for the first half of 2014 at a monthly capacity of 26,000 input sheets. |
LG introduced what is called “the world’s first 55-inch OLED TV” in January 2013. The company moves a step ahead in the emerging OLED TV market through new investments with a strategy of providing differentiated value to customers. Additionally, LG Display’s adoption of WRGB OLED technology addresses limitations inherent with large-sized OLED, such as productivity and lifespan issues. According to forecasts by research firm DisplaySearch, the OLED TV market will experience dramatic growth starting in 2014, to become a US$3 billion market by 2015. |
ClearOne's Board Of Directors Authorizes Stock Buy-Back February 22, 2013 (10:00 am) |
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ClearOne’s (Salt Lake City UT) Board of Directors has approved an increase in the company’s stock repurchase program from $3 million to $10 million of its outstanding shares of common stock. Under the initial program implemented May 16, 2012, ClearOne was authorized to repurchase up to $2 million of its outstanding shares of common stock over a 12-month period. |
On July 30, 2012, the Board increased that amount to $3 million. On February 20, 2013, the Board’s further increased that to $10 million. All purchases will be executed in accordance with applicable federal securities laws. “We believe our current stock price does not reflect our intrinsic value and the growth opportunities available to us,” said Zee Hakimoglu, President/CEO/Chairman of ClearOne. “Our comfortable cash balance will support our decision to invest in ourselves by increasing the volume of the repurchase program,". |
Peerless-AV Acquires Ciil Technologies February 20, 2013 (10:00 am) |
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Peerless-AV (Aurora IL) has acquired Ciil Technologies, LLC, a manufacturer of environmental/weatherproof outdoor TVs and displays marketed under the UltraView and Xtreme brands. According to the company, the acquisition expands Peerless-AV’s portfolio of audiovisual technology, mounting, accessory and digital content delivery solutions with a high-demand product category providing new commercial and residential business opportunities for AV dealers, distributors, integrators and installation professionals. |
“The market for outdoor TVs is growing rapidly in commercial settings, where weatherproof displays are replacing expensive enclosures, as well as in residential environments, where the backyard has become the new living room,” said Michael Campagna, President of the Peerless Technology Division. “At the same time, this is a strategic acquisition that extends the investment in emerging technology that led to [our] announcement that we have formed a separate technology division [see NEWSLETTER, January 2013],” Campagna added. “Our goal is to build a global technology business on a par with our global AV mounting solutions business.” |
UNIV Acquires Americas Broadcast System Integration Unit From KIT Digital February 13, 2013 (12:19 pm) |
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Unified Video Technologies’ Broadcast subsidiary (UNIV, Miami FL), specialists in developing, integrating and operating complete high-performance media and broadcast ecosystems for broadcasters and enterprises, has acquired KIT Digital’s Broadcast System Integration Unit for the Americas (New York NY). KIT Digital divested the Unit as part of its restructuring process.
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According to the company, UNIV will enhance the system integration services that had been provided by KIT Digital through its consultative approach, which focuses on understanding and addressing the needs of customers in media-rich environments by developing and implementing high-performance workflows, providing media processing and introducing managed services. |
BEHRINGER APPOINTS STARIN AS EXCLUSIVE US DISTRIBUTOR February 12, 2013 (4:50 pm) |
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MUSIC Group, the corporate parent of pro audio brand BEHRINGER has appointed Chesterton IN-based Starin Marketing as its exclusive Fulfiller for all 50 US states and protectorates. Starin had previously represented BEHRINGER in selected territories, with the rest of the country served by Shoreview Distribution. David O’Kelly, Vice President of Global Sales for MUSIC Group, stated, “Starin has proven to be an exceptional partner, delivering service levels that are earning praise from our dealers across America. I want to thank Shoreview for their loyal support but it became clear to us that a single source for BEHRINGER products was in the best interest of our dealers and in turn our end users.” |
Starin already distributed MUSIC Group brands MIDAS, KLARK TEKNIK and TURBOSOUND across the US exclusively. Founder/Principal Jim Starin offered, “We have a greatly expanded stock of goods that will vastly improve availability as well as national Freight and MAP programs that will greatly enhance profitability for our dealers.”. |
Confiance IP Solutions To Operate As Onepath Systems January 16, 2013 (4:50 pm) |
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Confiance IP Solutions, Inc., is operating as Onepath Systems (Atlanta GA), effective January 1. Last February, Onepath Systems, LLC, acquired the company, which has provided consulting services that help its customers incorporate advanced technologies into their core business for the past five years. Their work has been recognized as the 2010 Cisco US and Canada South Region Services Partner of the Year, the 2010 Cisco Carolinas Select Enterprise Partner of the Year and the 2011 Triad Business Journal’s Fast 50 Award as one of the fastest growing companies in the region. The merger with Onepath has allowed it to reach a broader audience to offer quality products and services, including its network and system infrastructure monitoring service, Guardian Support Services. |
“The Confiance team is excited take the final steps to fully integrate our business into the Onepath family. We are already reaping the benefits of our expanded geographic presence in the Southeast, as well as adding Onepath’s intelligent building technology solutions and services capabilities,” said Mike Cotrone, Executive Vice President of Onepath Systems, and Confiance cofounder. |
ClearOne Resolves Arbitration Proceedings January 16, 2013 (2:20 pm) |
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ClearOne (Salt Lake City UT) previously reported in its periodic filings that it expected resolution by the end of 2012 of two pending arbitration matters concerning auction rate securities sold to ClearOne by Morgan Stanley & Co., Inc., and UBS Financial Services, Inc. ClearOne has determined the outcome of both matters, involving substantially identical claims against two different parties, effective January 14, 2013.
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With respect to the UBS arbitration under a different panel, ClearOne has settled its dispute for $45 million, effective December 10, 2012. The settlement agreement was subject to a confidentiality provision pending resolution of the related Morgan Stanley arbitration matter. The settlement award is subject to a 15% contingency legal fee payable to ClearOne’s litigation counsel. |
Renkus-Heinz Appoints Scott Leslie As President January 11, 2013 (10:20 am) |
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Renkus-Heinz (Foothill Ranch CA) has appointed Scott Leslie to the position of President. Formerly Vice President of Engineering with JBL Professional, Leslie’s background includes stints at technology companies, including Sun Microsystems, Tektronix and Altec Lansing. Leslie is founder of Evidant Corporation, providers of Business Intelligence for IT solutions, where he has held executive-level positions since 2002.
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According to Renkus-Heinz, despite the economic downturn, the company has seen a substantial surge in sales and has significantly grown its engineering staff. Leslie’s new position will see him spearheading the company’s continued expansion, working closely with company founder and Chairman Harro Heinz. |
Casio Creates Digital Signage Business January 9, 2013 (6:12 pm) |
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Casio America , Inc., (Dover NJ) and its parent company, Casio Computer Co., Ltd., plan “to revolutionize storefront advertising by launching a new digital signage business” at the end of this month. Driving this business is Casio Signage, a newly developed tool for helping retailers gain an edge over the competition by attracting new and repeat customers. According to Casio, “Storefront advertising needs to catch the attention of customers and be interesting and relevant enough to entice them to enter. The Casio Signage business takes a revolutionary new approach, leveraging optimum advertising tools and cloud services to attract new customers and increase repeat business.” |
“Casio Signage offers a unique way to make audiences feel welcome and deliver content in a more personal manner than simple words or images,” said Shigenori Itoh, Chairman/CEO of Casio America, Inc. “This technology is only limited by the number of applications that designers can imagine using it.” Casio Signage is a storefront advertising tool with the ability to captivate passers-by with a realistic-looking character that talks to them. Using a custom-designed screen shaped like a character, content is created to match the characteristics needed to bring people into a store. The character’s appearance and voice can be changed easily to keep customers from losing interest and to increase store traffic. Casio Signage requires no installation work. It also offers multilingual support or multifunctional options creating a fully customizable system with content that is most relevant for the customer base. |
Peerless-AV Launches Technology Division January 9, 2013 (5:48 pm) |
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Peerless-AV (Aurora IL), supplier of audiovisual mounting solutions and accessories, has launched the Peerless-AV Technology Division, dedicated to digital content delivery solutions for the commercial and residential markets. The division will expand the company’s existing technology portfolio, including wireless connectivity, wireless broadcast, kiosk, digital audio and touch products, to provide a comprehensive catalog of digital content delivery tools for AV dealers, distributors, integrators and installation professionals. |
The product line also includes wireless flatpanel and projector mounts, wireless AV carts and stands, kiosk enclosures, wireless digital audio connectivity solutions and touch-enabled pens and pointers for uses, such as interactive business and classroom presentations. The division is equipped with its own engineering, product development, product management, field applications engineering and customer care staff, as well as select manufacturing capabilities and testing facilities for all products, setting the stage for major innovations while also ensuring technical support for channel partners, the company stated. |
Shure Distributes DIS Products January 8, 2013 (5:48 pm) |
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Effective January 1, 2013, Shure Inc. (Niles IL) began distributing conferencing products manufactured by Danish Interpretation Systems (DIS), a division of Informationsteknik Scandinavia Group of Copenhagen, Denmark, which Shure acquired in February 2011. “When we acquired Informationsteknik two years ago, we saw it as an opportunity to significantly strengthen our position in the installed sound market, specifically conferencing, by increasing our presence with customers in the corporate, government and education sectors,” said Mark Humrichouser, General Manager of the Americas Business Unit at Shure.
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“We want to continue to build on the successful foundation of the DIS brand by using our strong, well-established network of sales reps throughout the US and engaging our talented market development team with these customers.”DIS conference electronics provide conference solutions to the global meeting industry, offering solutions for simultaneous interpretation, discussion, voting, language distribution, online streaming of meetings and software management. |
Mood Media Acquires Technomedia Solutions |
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Toronto, ON, Canada Mood Media Corp. (Concord, ON, Canada), designer of in-store consumer experiences, including audio, visual, interactive, scent, voice and advertising solutions, has acquired the assets of Technomedia Solutions and sister company, GoConvergence, both of Orlando FL, for about $23 million in cash plus contingent consideration payable in 2014, which is based on the profitable growth of the operations. |
Technomedia Solutions and GoConvergence provide media and technology innovations for multiple industries, including retail, hospitality, theme parks, performing arts, museums, special venue, education and others. Formed in 2001, Technomedia’s clients include Abercrombie & Fitch, Hard Rock Café International, Cirque du Soleil, Wanda Group, as well as leading entertainment and education clients globally. In 2012, Technomedia was expected to generate annual revenues of $43 million and EBITDA of $5.7 million. |
Industrial Video LLC Changes Name To iVideo Technologies LLC |
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Industrial Video LLC, headquartered in Cleveland OH, with additional offices in Columbus and Cincinnati, has changed its name to iVideo Technologies LLC. According to the company, now in its 45th year, its new name is also a reflection of the company’s past as iVideo Technologies will continue to serve clients through its.
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www.ivideo.com website. Tim Czyzak, President, said, “When Industrial Video was founded in 1968, its name was representative of our services; however, with technological advances in our industry, our name became less of a representation of who we are and what we do. As a niche information technology firm focused on engineering, installing and supporting advanced audio, video and broadcast systems, iVideo Technologies is a name that will support our growth for the next 45 years.” |
Barco Acquires Majority Share In projectiondesign |
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Barco (Kortrijk, Belgium) has acquired 61% of projectiondesign’s (Fredrikstad, Norway) shares from private equity fund Herkules Capital (Oslo, Norway). The remaining shares of projectiondesign are held by minority shareholders. The transaction advances Barco’s strategy to expand into the mid-segment of its target markets and to strengthen its position in high-performance projection technology. |
projectiondesign develops and manufactures compact projectors for professional markets, including training and simulation, visitor attractions (museums, theme parks), scientific visualization, collaboration rooms (corporate AV) and control rooms. The company custom designs and develops all optics, hardware, software and industrial design for each projector model in-house. Founded in 2001, projectiondesign has 17 international offices, employs about 200 people and achieved sales of about €57 million in 2011. |
Harman Acquires Martin Professional |
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Harman (Stamford CT) has reached an agreement to acquire Martin Professional A/S (Aarhus, Denmark), a provider of lighting solutions for the entertainment, architectural and commercial sectors founded in 1987, for EUR 110 million. Subject to regulatory approvals and customary closing conditions, the deal is expected to close early in 2013. According to the companies, this transaction will create a One-Stop-Shop for the professional entertainment market. Adding Martin to Harman’s $4.4 billion organization and combining two of the largest R&D budgets in the audio and entertainment lighting industry will enable the companies to grow and improve the lighting and video product offering to the benefit of all existing and new customers. |
“We look forward to welcoming the talented employees and dynamic innovations of Martin Professional to the Harman organization,” said Dinesh C. Paliwal, Chairman/President/CEO. “This acquisition will be an excellent complement to our professional business serving all our global markets, including the fast-growing BRIC nations. With the acquisition of Martin Professional, our strategy to provide system solutions to our customers will be further enhanced as we will be able to offer a full audio and lighting electronics solution for the live stage and events, as well as permanent avenues and installations. We look forward to unlocking this new business potential.” |
Electrosonic Acquires Global Immersion |
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Electrosonic (Los Angeles CA) has acquired Global Immersion (West Sussex UK), a designer and integrator of high performance digital immersive theater attractions. Global Immersion will continue to serve the planetarium, institutional theater and giant screen markets, and this positions Electrosonic as the only company to offer digital immersive solutions across the theme park, museum, giant screen cinema and planetarium markets, the companies report. The acquisition was completed on December 10, 2012. |
Founded in 2007, Global Immersion is known for its work with highly specialized and technically complex digital immersive theaters. The company has won multiple project and business awards, and its project portfolio includes the California Academy of Sciences, Adler Planetarium, Moscow Planetarium, Swedish Museum of Natural History, Peoria Riverfront Museum and Reuben H. Fleet Science Center.
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eyevis Under New Ownership |
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eyevis, a German supplier of large screens and videowalls for control rooms and monitoring centers, has a new owner: Frankfurt-based private equity fund Brockhaus Private Equity. (eyevis is available in the US from Aydin Visual Solutions (Tucker GA), which is a subsidiary of Video Display Corporation (Tucker GA).) The company said that the change in the ownership structure provides eyevis with a secure succession arrangement as well as first rate prospects for further international growth. Financing is being provided by Brockhaus Private Equity II, a fund specially focused on medium-sized growth companies. All current eyevis shareholders will remain closely associated with the company. In particular, Heiko Schaich, one of the two incumbent managing directors and the company's "technological mastermind," will continue in his dual role as a shareholder and as a managing director. |
The changes are aimed at providing eyevis with an ideal succession arrangement and, in doing so, enabling the company to continue its growth strategy with a view to further business development and expansion. "The eyevis succession arrangement is an outstanding achievement that gives us a perfect framework for the continuation of our long-term growth strategy," said Michael Schuster, Founder/outgoing CEO of eyevis.
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Presentation Products Acquires Presentation Media |
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Presentation Products, Inc., has acquired Presentation Media, an audiovisual integration firm based in Fairfield NJ. The integrated team of certified designers, engineers, programmers and technicians will combine strengths and resources to set a new standard for the world of audiovisual design/build firms, the companies said.
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Both fast-growing companies share complementary client portfolios, common strategy and a focus on providing cutting-edge AV to the corporate and education markets. |
Meyer Sound Settles Trademark Lawsuit Against VUE Audiotechnik |
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Meyer Sound Laboratories Inc. (Berkeley CA) has settled the lawsuit it filed last June. The lawsuit was filed in the Federal District Court for the Northern District of California against VUE Audiotechnik, LLC (Escondido CA). In its suit, Meyer Sound alleged VUE infringed Meyer Sound’s iconic wave trademark, and asserted other claims against VUE and a former Meyer Sound employee currently working for VUE. |
“This legal action was necessary to protect Meyer Sound’s intellectual property rights and to prevent confusion in the marketplace,” said Helen Meyer, Co-Founder/Executive Vice President of Meyer Sound. “We are pleased with the settlement. It resolves issues related to our company’s valuable trade secrets, and eliminates the possibility that people might be misled into assuming that VUE or its products are associated with or endorsed by Meyer Sound.” |
WiSA Association Establishes Tech Advisory Committee, Special Interest Groups |
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The Wireless Speaker and Audio Association (WiSA Association, Sunnyvale CA), founded in 2011, has created a Technical Advisory Committee (TAC) and associated Special Interest Groups (SIGs) to advance the development of wireless audio solutions for home theater, consumer electronics and professional AV markets. Participation in both groups is open to members of the association and the activities pursued by each group may influence the WiSA Compliance Test Specification (CTS) as well as the technology roadmap. |
The Technical Advisory Committee will work with other standards bodies such as the IEEE, AES , HDMI and MHL to advance wireless HD audio in their respective specifications. Special Interest Groups will address various challenges facing the audio industry today, such as DTV applications, 802.1 AV bridging, interoperability with other radio technologies and other topics. The focus of the first two Special Interest Groups is on addressing DTV connectivity and multi-room wireless HD audio technology. |
InfoComm International Names David Labuskes Next Executive Director/CEO |
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The Board of Directors of InfoComm International (Fairfax VA) has named David Labuskes, CTS, RCDD, the association’s next Executive Director/CEO, effective January 1, 2013, succeeding Executive Director/CEO Randal A. Lemke, PhD, who is retiring at the end of 2012. Vice President of RTKL (Baltimore MD) for more than 13 years, he founded the company’s Technology Design Practice, overseeing the delivery of audiovisual, voice, data, wireless, environmental media, electronic security and acoustics services. “David Labuskes is a leading expert on the intersection of technology and the built environment,” said Greg Jeffreys, InfoComm International President. “He is the executive who can help chart the course for InfoComm and our industry when it comes to the future of networked AV, smart building technology and more.” |
Jeffreys added, “David Labuskes is a leading expert on the intersection of technology and the built environment. He is the executive who can help chart the course for InfoComm and our industry when it comes to the future of networked AV, smart building technology and more. His commitment to creating excellent environments will help the industry continue the quest for quality experiences for the industry’s end-customers.” |
Open Control Architecture Alliance Incorporates |
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The Open Control Architecture (OCA) Alliance (San Francisco CA), the industry collective developing a media networking system control standard for professional applications, has incorporated as a non-profit trade association. The incorporation represents the latest milestone for the Alliance, which was founded in June 2011 to develop a standardized control and monitoring architecture for professional media networks. The Alliance released initial technical documents to its Observer members in October 2011, and the complete OCA 1.0 Specification to the Observers in May 2012. The Specification now stands at Release 1.1. Coincident with its incorporation, the Alliance has placed the entire Release 1.1 Specification on its public website for free download. |
Bob Tudor, Presonus CTO, added, “The cooperation between the founding members was critical to the success of OCA 1.0. We are achieving cross-brand control of parameters in our devices as a result, which is good for our respective customers and a stimulus for market growth.” |
Michael MacDonald Joins ATK Audiotek |
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Industry veteran Michael MacDonald has joined audio production company and sound reinforcement provider ATK Audiotek (Valencia CA) as President, coincident with the retirement of outgoing President Michael Stahl. MacDonald’s responsibilities will involve leadership of the company’s business development, sales and marketing programs. MacDonald has more than 30 years of experience in the professional audio industry, most recently as Vice President of Sales and Marketing at Harman Professional for five years. He previously operated a consulting business at Pilot Business Strategies, working with more than 30 professional audio clients and trade organizations on product and program development, business planning and marketing and sales. MacDonald has held senior roles at other professional audio manufacturers, including president of JBL Professional and 10 years in executive positions with Yamaha International. |
He began his career in the audio business in the production industry working as lead audio engineer on major tours and projects, including Olympics Opening and Closing Ceremonies, the GRAMMY Awards and Presidential debates. |
Global Caché Signs New CTO, Acquires Stardraw Control's Technology |
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Global Caché (Jacksonville OR), which provides IP and WiFi-enabling products for homes and businesses, has has appointed David Snipp as Chief Technology Officer. Snipp founded and acted as CEO for Stardraw.com (Surrey, England), developer of software applications, including Stardraw Design 7 and Stardraw Control. The company also acquired intellectual property from Stardraw.com consisting of Stardraw Control's technology. |
Walt Keller, Global Caché CEO, added, "Having David join us, and the acquisition of important web services from Stardraw, is really an important event for our company as it allows us to expand our current end-point hardware offerings to our software and system partners. This positions us well to better address new emerging vertical markets due to the availability of control apps on smartphones and tablets.”At the same time, software developer Stardraw.com announced major changes to its company structure and operation. Rob Robinson, formerly marketing director, is now CEO, with David Snipp remaining a major shareholder and assuming a role of non-executive board director. |
Update: NSCA, InfoComm End Partnership |
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NSCA responded to yesterday's News Update (reported below), with this statement: "NSCA would like to set the record straight. While the NSCA and InfoComm contract under its current arrangement has expired, NSCA is committed to continuing its support of the InfoComm show moving forward. NSCA will be present on both the show floor and in hosting the NSCA Education Foundation Industry Charity Concert featuring the Drunk Unkles in 2013." |
"In June 2011, NSCA formally notified InfoComm via written letter that it would no longer participate in InfoComm Shows beyond InfoComm 2012, which took place this past June in Las Vegas. The original agreement between the two associations, signed in 2007, was for five years, with an optional extension for three years. |
NSCA, InfoComm End Partnership |
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The partnership between NSCA and InfoComm International has officially ended, with the five-year contract the organizations signed back in 2007 expiring this year. NSCA communicated with InfoComm that it did not want to extend the contract, confirming its non-renewal in June 2011, which InfoComm accepted following this year’s show in June. |
Wilson and NSCA President Ingolf de Jong, told Sound & Communications that the organization’s visibility focus has shifted from trade shows to more frequent educational opportunities for members at smaller venues and events all around the country. Members are looking for NSCA to provide more local services, so the organization plans to visit the six regions of the US and Canada about four or five times per year. They explained that education is NSCA’s main source of revenue, based upon manufacturer sponsorship, and that trade shows aren’t necessary to keep the organization afloat. NSCA is also planning to focus on emerging markets, such as Mass Notification and Emergency Communication systems.
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Nortek Launches 'Core Brands' Group |
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Nortek, Inc. (Providence RI), a global diversified company offering technology-driven products and solutions for residential and commercial applications, has formed Core Brands, combining the product and marketing strengths of 10 of the company’s formerly independent audio, power management and control brands operating within its Technology Solutions segment. Including Nortek’s Aton, BlueBOLT, Elan, Furman, Niles, Panamax, Proficient, SpeakerCraft, Sunfire and Xantech brands, Core Brands has more than 190 years of combined experience in the residential, commercial and professional markets and more than 4300 direct customer accounts in multiple distribution channels in the US and worldwide.
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“The formation of Core Brands reflects the strategic refocusing currently taking place as we pursue new markets and new opportunities to serve our dealers, channel partners and end users,” said Nortek President/CEO Michael J. Clarke. “We expect that combining the unique capabilities of each of these 10 formidable brands will deliver new and powerful benefits they can only achieve as a group.”
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Verrex Restructures |
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Verrex (Mountainside NJ), the 65-year-old design-build integrator and managed services provider of conferencing, collaboration and presentation technologies, is restructuring, moving to a more visible global alliance model, the company reported. This network of AV systems integrators and service providers has been in place for the past several years led by Verrex and includes more than 200 firms worldwide serving 300-plus metropolitan areas across 37 countries. An official announcement about this network will be made in early September. In preparation, Verrex will restructure its own UK and Asia Pacific presence by year’s end. US regions have been realigned to support the restructured organization. |
“We have had significant success with our network of allied firms in helping to serve our clients globally for the past 10 years,” said Thomas Berry Jr., President/CEO. “Their local resources, coupled with Verrex’s proprietary quality management process, our global expertise and full service offerings is the ideal model. Verrex’s core competency remains global deployment. We look forward to our allied firms leveraging this experience while we in turn leverage their local proficiencies.”
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Leviton Acquires Home Automation, Inc. (HAI) |
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Leviton (Melville NY) has acquired Home Automation, Inc. (HAI, New Orleans LA), which offers home automation controls for residential and light commercial applications. According to the company, HAI enhances Leviton’s current home automation offerings by providing solutions that combine security, energy management and entertainment controls, in user-friendly applications. Integrating HAI products with Leviton’s solutions provides with a smart choice for automation and remote access capabilities, the company offered. HAI has a wide-ranging product offering, from systems that allow control of automated video surveillance systems and audio devices over the internet to programmable thermostats and light switches accessible directly from a smartphone. |
“Leviton’s acquisition of HAI represents a significant expansion of our offerings in the residential market, and furthers Leviton’s commitment to providing customers with the latest technologies as affordable, easy-to-use solutions,” said Daryoush Larizadeh, Chief Operating Officer of Leviton. |
AFMG And Renkus-Heinz Transition With EASE |
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Renkus-Heinz (Foothill Ranch CA) and Ahnert Feistel Media Group (AFMG Technologies GmbH, Berlin, Germany) are restructuring their long-standing strategic relationship, with AFMG stepping into a more prominent role. AFMG will provide direct sales, technical support and training worldwide for its acoustical measurement and simulation software products, including EASE, EASERA and SysTune, with Renkus-Heinz continuing to offer support to customers during the transition beginning on October 1, 2012. Both companies will keep working together on educational seminars, marketing of technology solutions, as well as software development and other projects, they report. |
“The relationship between AFMG and Renkus-Heinz goes back more than 20 years, and will continue well into the future,” remarked Renkus-Heinz President Harro Heinz. “As AFMG keeps growing, the company is ideally suited to provide the best support for its products, and we stand behind its decision to do so.” |
SYNNEX VISUALSolv Group Completes Pro Audio Portfolio With TC Group Americas Inc. |
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SYNNEX Corp. (Greenville, SC), a distributor of IT products and services, now offers a complete professional audio portfolio through its VISUALSolv group with the signing of a strategic distribution agreement with TC Group Americas Inc. (Kitchener, Ontario, Canada). SYNNEX now can create audio solutions for commercial AV integrators with the full line of Tannoy professional audio products and Lab Gruppen amplifiers, the company reports. |
“SYNNEX’s VISUALSolv group is opening up new markets for us and driving our products in verticals that are currently untouched for TC Group,” said Ben Cook, Key Account Manager for TC Group Americas Inc. “We are pleased that we now can offer a full array of professional audio products for our commercial AV integrators to create high-end, audio solutions in a variety of end-user verticals,” said TJ Trojan, Senior Vice President, Product Management for SYNNEX Corp. “Tannoy and Lab Gruppen’s leading products, combined with the VISUALSolv dedicated, industry-trained team’s comprehensive services and support, position our commercial AV integrators to be heads above their competition.” |
Warning About Copper Clad Aluminum Conductors |
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According to a posting on Chuck Wilson’s NSCA LinkedIn Discussion by Dave Jeskey, National Accounts Manager at Sentinel Connector Systems, we have learned that, in 2011, the Fiberoptic Industry Association (Buntingford, Hertfordshire, UK) issued FIA-IAN-002 Infrastructure Advisory Note, which summarized concerns about Cat5/5e cables using Copper Clad Aluminum (CCA) conductors. The Communications Cable and Connectivity Association (CCCA, Washington DC) continues to encounter several sources in the US promoting Cat5e and Cat 6 cables made with copper clad aluminum (CCA) conductors. CCA is not permitted for Category UTP cables and is not compliant to Telecommunications Industries Association (TI) standards and National Electrical Code (NEC) requirements for fire safety.
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According to the FIA’s document, “The terms Category 5 or Category 5e have become synonymous with ‘entry level’ 4-pair balanced cables. Many users and installers have an ambivalent view of what constitutes these cables. As a result, there is significant pressure on pricing, which has encouraged the importation of lower cost products in order to boost supply chain margins or to reduce the capital expenditure of users. This Infrastructure Advisory Note reviews the implications of one specific implementation of these low cost products that claim to be ‘Category 5’ or ‘Category 5e’ using CCA conductors. This document supports many others prepared by suppliers and trade associations around the world. More worryingly, cables containing CCA conductors masquerade as standards-compliant ‘Category 5’ or ‘Category 5e’ products, tempting users to specify them and installers to use them. However, they do not comply with any recognized cable standard in the North America, international or European arenas.” |
Sony And Panasonic To Cooperate To Make OLEDs |
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Rival Japanese television makers Sony Corp. and Panasonic Corp. have stated that they will cooperate to make OLED (organic light emitting diode) sets as they battle Korean rivals Samsung Electronics and LG Electronics in the next-generation TV market. The race to garner a lead in OLED, widely touted as the successor to liquid-crystal displays, will depend on which company is able to mass produce screens at a price that will attract consumers to the new technology. According to Sony and Panasonic, they will develop technologies to fabricate the screens and aim to establish a mass-production process in 2013.
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Samsung and LG Electronics have displayed 55-inch OLED prototypes, with the sets expected to go on sale this year for about $10,000, approximately four times the cost of an equivalent LCD model. OLED TV shipments may reach 2.1 million sets in 2015 from 34,000 this year, according to research firm IHS Inc. With tough Korean competitors in the LCD segment, Sony and Panasonic might better be able to compete in the next generation market by combining their OLED technologies and development budgets. Losses on TVs at Sony have mounted to about $12 billion in the past decade.
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Board Approves InfoComm Audiovisual Systems Energy Management Standard |
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InfoComm International's latest standard, 4 :2012 Audiovisual Systems Energy Management, has been approved by the InfoComm Board of Directors and submitted to ANSI for approval. This standard defines and prescribes processes and requirements for ongoing power-consumption management of the audiovisual (AV) system.
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The standard identifies requirements for the control and continuous monitoring of electrical power for audiovisual systems, conserving power whenever possible and operating components at the lowest power-consuming state possible without compromising the system’s performance for the needs of the user. Audiovisual systems in conformance with the standard will meet the defined requirements for automation, measurement, analysis and training. A one-page overview can be found at infocomm.org/standards.
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AVTEQ Acquires Furniture Companies |
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AVTEQ, Inc. (Dallas TX), manufacturer of videoconferencing and telemedicine carts, has acquired KLN Steel Products Co. (San Antonio TX) and its two sister companies, Dehler Manufacturing Inc. (San Antonio TX) and Furniture by Thurston Inc. (Grass Valley CA). “We’re excited about the acquisition,” said John O’Donnell, AVTEQ Vice President. “We’re in similar business, so it makes sense for our growth.” With this acquisition, AVTEQ will significantly expand its US manufacturing capacity and increase revenue to a projected $60 million. |
KLN Steel Products was established more than 40 years ago in San Antonio and manufactures furniture for the institutional metal dormitory market. Furniture by Thurston was founded in 1980 in Grass Valley CA, and manufactures furniture for the commercial wood market. “They both have a great reputation with customers in their respective markets and AVTEQ is excited to apply its special style of innovation and flexibility to both companies,” he said.
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MUSIC Group Acquires Turbosound, Launches Professional Division |
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MUSIC Group (Singapore) has acquired Turbosound (West Sussex, England), a 30-year-old professional loudspeaker manufacturer that has earned the Queen’s Award three times, including for Innovation in 2012. At the same time, MUSIC Group announced the formation of a global Professional Division, with Philip Hart as Vice President, bringing together the Midas, Klark Teknik and Turbosound brands. |
He added, “We will invest heavily in positioning Turbosound at the very pinnacle of the industry, as we have done with Midas and Klark Teknik, where we have financed over $20 million in new automated manufacturing, quality control systems and engineering resources, including a new Center of Engineering Excellence in Manchester, UK.”
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Jenne Signs Distribution Agreement With ViewZ |
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Jenne Inc. (Avon OH), a value-added distributor of IP telephony, audio and videoconferencing, unified communications, data networking and IT security products, has signed a distribution agreement with ViewZ (Anaheim CA), a manufacturer of professional-grade monitors for video surveillance and digital signage applications. With the addition of ViewZ to its linecard, Jenne now offers resellers competing in the security market a turnkey surveillance solution because it already carries the Panasonic's line of i-Pro cameras and security products. The addition of ViewZ also increases Jenne's presence in the commercial integration market, where digital signage applications are expected to grow exponentially over the coming decade. |
“ViewZ’s LCD and LED monitors integrate seamlessly with Panasonic i-Pro security solutions to provide our resellers with best-in-class video surveillance cameras and high-resolution monitors,” said Tom Yuhas, Product Manager, Security, Jenne. “These monitors are very durable and of proven quality, helping resellers deliver the highest performance and clarity for video surveillance and also digital signage applications.”
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Miranda Board Agrees To Recommend Belden Purchase Offer |
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Miranda Technologies Inc. (Montréal, Canada) has entered into an agreement with Belden Inc. (Richmond IN) to offer to purchase all outstanding common shares of Miranda by way of a take-over bid at a price of C$17.00 per share in cash. The Offer represents the culmination of the strategic review process initiated by the corporation’s Board of Directors in March 2012. A special committee of the Board of Directors, which led the review process, considered how best to ensure that any transaction would both recognize Miranda’s value and its success to date, as well as its future prospects, and position Miranda’s business effectively for continued growth. |
The corporation had discussions with a number of parties, including Belden, which expressed an interest in acquiring Miranda. After consultation with its financial and legal advisers, and after receiving the unanimous recommendation of the Special Committee, Miranda’s Board of Directors has unanimously determined that the offer is fair to the holders of Miranda common shares and is in the best interests of the Corporation, and has agreed to recommend to shareholders that they accept the offer.
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Digital Projection Chooses IAVI As North American Distribution Partner |
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Digital Projection International (DPI, Atlanta GA) has selected IAVI (International Audio Visual, Fort Lauderdale FL) as the commercial AV distributor for DPI's line of displays in North America. Working side by side with DPI’s own established dealer network, IAVI will now offer DPI’s displays directly to its extensive dealer network, effective immediately. |
Chuck Collins, DPI’s Vice President of Sales, stated, “Over the past few years, Digital Projection has extended our product line in dramatic ways. So much so that DPI now offers solutions that serve a much larger segment of the market than what we have addressed in the past.” He continued, “With its extensive team of knowledgeable sales professionals, and its focus on customer service, we saw important parallels between IAVI and DPI's business philosophies. We believe it is the perfect distribution partner to help DPI bring our extensive product line to benefit more customers.”
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BroadSign Completes Sale To JedFam Group |
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BroadSign International, Inc. (BSI; Montreal, Canada), has been acquired by JedFam Group, LLC (JedFam), almost three months after it filed for protection under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. The Bankruptcy Court recently approved a sale of BSI's assets to JedFam, and BSI will emerge from bankruptcy as BroadSign International, LLC. Brian Dusho will remain as Chief Executive Officer of the digital signage software provider. |
“Today marks the start of a new chapter for BroadSign,” Dusho said. “Thanks to widespread support from our lenders, customers, partners and friends, our operations have remained robust through this process.” Dusho reported that BroadSign has experienced unprecedented growth in recent months. “I am especially grateful to our employees around the world whose continued hard work and focus have been instrumental in enabling us to reach this achievement, and who will be important contributors to our future success."
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The AVC Group, Panamax/Furman, SpeakerCraft Integrate Brands |
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The AVC Group (Carlsbad CA), Panamax/Furman(Petaluma CA) and SpeakerCraft (Riverside CA) announced a significant strategic move to address the rapidly changing needs of technology consumers and dealers alike. The resources of The AVC Group, Panamax/Furman and SpeakerCraft, Proficient brands will align under one centralized division with a focus on customer-centric product development, brand innovation and dealer support. |
Heading up the new organization will be Bill Pollock, President of Panamax/Furman. Paul Starkey will direct Marketing, Dave Keller will head Sales while Keith Marshall will lead SpeakerCraft/Proficient. “This...represents an important and historic step for our industry,” said Pollock. “We’ve joined the expertise and efficiency of the industry’s most important technology brands and formed a new resource for our dealers that represents a unique opportunity for them to grow both ROI and competitive standing.”
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Industry Veterans Form Entertainment Technology Solutions Company, Zeehi |
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Industry veteran Danny Abelson has announced formation of Zeehi LLC (Boulder CO), an entertainment technology company dedicated to developing solutions to improve the workflow of global entertainment production professionals. Zeehi’s management team consists of industry engineering and marketing veterans with a combined 75 years of experience in professional product design, portable system design, stage lighting, audio engineering, production management and fixed installations in some of the largest entertainment facilities in the world. |
We’re leveraging that industry knowledge, and have brought on board some of the most experienced software developers anywhere, in the interest of helping the user community. We have spent the last year interviewing production personnel on multiple continents to identify the challenges today’s dedicated professionals face. Our company was formed to create solutions to many of these challenges, based on a genuine understanding of entertainment production.”
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Martin Audio Sounding Out Strategic Options |
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LOUD Technologies Inc. (Woodinville WA) has appointed Lincoln International to conduct a strategic review of its UK-based division, Martin Audio, with a view to finding private equity backing to support Martin Audio into the next phase of its development plan. In sourcing the right investment partner, and forging a more independent path, it will further assist in the realization of the growth strategy and objectives of the business. |
Following the introduction of its MLA system in 2010, sales at the UK designer and manufacturer of professional loudspeaker systems have grown more than 40% in the past 12 months, driven by growing demand for its products in new markets—particularly in the Asia Pacific region—despite the current global economic position. Martin Audio also has a wide range of speakers used in an array of venues including cinemas, theaters and churches, benefiting from its engineering and acoustic excellence.
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Polycom To Divest Its Enterprise Wireless Voice Solutions Business |
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Polycom, Inc. (Pleasanton CA), has announced a definitive agreement to divest its enterprise wireless voice solutions business to an affiliate of Sun Capital Partners, Inc., for gross proceeds of about $110 million in cash, subject to certain adjustments set forth in the agreement. The sale is expected to close within the third quarter of 2012, following the satisfaction of regulatory requirements and other customary closing conditions. Polycom’s Board of Directors has approved an increase in its current share repurchase authorization to include net proceeds of about $104 million from this transaction, contingent upon the sale of the enterprise wireless voice solutions business and receipt of the net proceeds from the sale. |
“Polycom has evolved rapidly over the last 18 to 24 months, and taken actions designed to capture and lead the fast-growing video collaboration market through traditional and new delivery platforms, including mobile, social and cloud. The sale of our wireless handset business is a further step toward focusing our product and technology portfolio on our core unified communications and video collaboration solutions, including extending the reach of the Polycom RealPresence Platform,” said Andy Miller, Polycom President/CEO. “The closing of this transaction will allow Polycom to concentrate on initiatives that support our vision of making video collaboration ubiquitous through open, standards-based software delivered to anyone, across any environment and device. Moreover, the divestiture of the enterprise wireless voice solutions business will allow us to focus on the stronger sales growth and higher gross margins of Polycom’s core unified communications business.”
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INDUSTRY VETS LAUNCH FiROBO CORPORATION |
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A group of AV and IT industry veterans led by David Robbins (former integrator and Klipsch regional sales manager) and Douglas Bowman (more than 15 years in IT network deployment and management for Fortune 500 companies), have launched FiROBO Corp. (McKinney TX) to provide to residential and commercial AV integrators enterprise-level managed network solutions that are easy to install, maintain, expand and support. The result, they report, is increased productivity, increased profitability and peace of mind for all stakeholders in the value chain. |
“We formed FiROBO to address the unique needs of the AV integrator in an IT world,” commented Robbins. “The growth in complex networked entertainment and automation systems has been driving the demand for enterprise-level managed backbone IP networks. However, design, deployment and remote management of those networks is a challenge for AV integrators. FiROBO’s products and services provide the ultimate solution.”
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Harris To Sell Its Broadcast Communications Business |
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Harris (Englewood CO) announced its decision to divest the Broadcast Communications business on May 1, according to Harris Morris, President, Broadcast Communications Division, Harris Corporation: He stated, “I fully support this decision and believe that the timing is right for both Harris and Broadcast Communications.
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“In the interim, Broadcast Communications will continue to be a part of Harris Corporation and operate business as usual. Our valued relationships, both longstanding and new, remain our top priority. The global team will continue to work diligently to ensure our commitment to our customers and partners remains steadfast, our execution to fulfill commitments is flawless and our progress against strategic objectives remains focused.”
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InfoComm Opens Review Of Draft Energy Management Standard |
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InfoComm International (Fairfax VA) has opened the public review and comment period for the proposed draft standard, INFOCOMM 4: 2012 DS1, Audiovisual Systems Energy Management, which addresses power consumption management of AV systems. Although there is no requirement for a specific percentage of energy reduction, the Standard requires preparation of an energy management plan that will assist users in formulating their energy reduction goals by requiring baseline measurements; automation; ongoing monitoring, measurement and analysis; and education/training for owners and users of the AV systems. The Standard addresses power consumption requirements of the AV system as a whole, while allowing the user of the Standard flexibility in system design, as well as selection of individual components.
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This review public review process is being administered in accordance with the ANSI Accredited Standards Developer process. Commenting procedures and the draft standard are available from the InfoComm website at www.infocomm.org/standards. Comments are encouraged from InfoComm members and all interested parties, internationally. The review period will remain open until June 4, 2012.
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VIZIO Licenses Patent Portfolio to Westinghouse Digital |
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Westinghouse Digital, LLC (Orange CA), has become a licensee under VIZIO’s (Irvine CA) QAM patent portfolio by virtue of a cross-license between the two. VIZIO, an American LCD HDTV company, owns a substantial worldwide patent portfolio directed to digital television technology. The parties have not disclosed financial terms of the agreement under which Westinghouse has agreed to make royalty payments to VIZIO for sales of licensed products. |
“We are pleased with the result of our patent licensing efforts. It further demonstrates the technical strength and value of VIZIO’s patent portfolio,” said Rob Brinkman, VIZIO Chief Administrative Officer. The signing of the QAM License with Westinghouse Digital, LLC, also concludes actions brought by VIZIO. “Having successfully resolved the disputes, we shall continue to aggressively protect our rights and actively expand VIZIO’s licensing program,” Brinkman added.
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Sharp Enters Into An LCD Joint Venture |
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A major change is afoot in the LCD manufacturing sector, with the announcement of a joint venture between Sharp Corp. and Hon Hai of Taiwan, which will purchase half of Sharp’s share of Green Front Sakai, the world’s largest (Gen 10) TFT-LCD factory, for the Yen equivalent of more than 600 million Euros. Hon Hai, which has capital ties with FoxConn (a key supplier of Apple), will be guaranteeing at least 50% capacity production at Sakai. |
Summit Partners, which has raised more than $14 billion in capital since inception, has invested in a number of industry-leading companies in the software, internet and media sectors. “The investment by Summit Partners affirms Wowza’s leadership position within the fast-growing and ever-evolving streaming media space,” said Stubenvoll. “Summit has deep expertise and a strong track record in supporting rapidly growing technology companies, as well as a history of investing in companies with proven business models, records of revenue and earnings growth, and the leadership capable of sustaining that growth. Summit’s support will help us continue to provide outstanding service and innovative products to our customers, as well as expand beyond our current offerings.”
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Summit Partners Invests In Wowza Media Systems |
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Summit Partners (Palo Alto CA) has completed a minority investment in Wowza Media Systems, LLC (Evergreen CO), the “Any Screen Done Right” media server software company. According to the companies, this investment positions Wowza for continued strong global growth and opens up opportunities to expand the company’s product offering. |
Founded by Stubenvoll and Good in late 2005, Wowza is a media server software brand delivering ever-evolving disruptive software that has redefined multiformat streaming across all screens. Since the release of its first version of Wowza Media Server software in 2007, the company has reached more than 100,000 licensees in more than 150 countries. Customers include service providers, radio and TV broadcasters, media properties, enterprises, educational institutions, OEMs, government agencies and other organizations that need reliable, extensible, affordable delivery of video to any digital screen.
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Berger, Sides Create VUE Audiotechnik |
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VUE Audiotechnik (San Diego CA) has been created by Ken Berger and Jim Sides as a professional audio company “set to redefine high-output, low-distortion loudspeaker performance through road-tested design expertise, advanced technologies and global manufacturing—all backed by an unwavering focus on service and long-term partnerships.” |
The company reported that its R&D effort is led by Head of Engineering Michael Adams, an acoustic engineer whose design talents balance science with a practical, real-world approach honed from nearly four decades as a FOH/monitor engineer and system designer for one of America's top touring and installation sound companies. “Michael's approach now forms the genesis of VUE Audiotechnik’s own design philosophy: Tackle commonly accepted compromises with a perspective born from real-world “know-how” and backed by the most advanced technologies and manufacturing resources available worldwide.” With a global R&D and manufacturing infrastructure in place, VUE has a founding partnership with Speaker Trade of Solingen Germany, and its wholly owned, 290,000-square-foot production and R&D facility in Asia.
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Avaya To Acquire Radvision |
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Avaya Inc. (Basking Ridge NJ) has signed an agreement to acquire Radvision Ltd. (Fair Lawn NJ), a provider of videoconferencing and telepresence technologies over IP and wireless networks. Through this acquisition, Avaya will provide customers a highly integrated and interoperable suite of cost-effective, easy to use, high-definition video collaboration products, with the ability to plug and play multiple mobile devices including Apple iPad and Google Android. |
Upon closing, Radvision’s enterprise video infrastructure and endpoints will be integrated with Avaya’s Aura Unified Communications (UC) platform to create a compelling and differentiated solution designed to accelerate the adoption of video collaboration. The Radvision portfolio includes a full range of videoconferencing products, technologies and expertise serving enterprises, small business and service providers. It includes standards-based applications, open infrastructure and endpoints for ad-hoc and scheduled videoconferencing with room-based systems, desktop and mobile consumer devices. The integrated Avaya and Radvision portfolios will extend intra-company business to business (b2b) and business to customer (b2c) video communications, and also supports internal “Bring Your Own Device” (BYOD) initiatives.
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Onepath Systems Acquires Confiance IP Solutions |
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Onepath Systems LLC Atlanta GA) has acquired Greensboro NC-based Confiance IP Solutions, Inc. Confiance, a Silver-Certified Cisco Partner, Cisco Master Managed Services Partner and an EMC Velocity Affiliate Elite Partner, has provided consulting services that help their customers incorporate advanced technologies into their core business for five years. Confiance was recognized as the 2010 Cisco US and Canada South Region Services Partner of the Year, the 2010 Cisco Carolinas Select Enterprise Partner of the Year and a winner of the 2011 Triad Business Journal’s Fast 50 Award as one of the fastest growing companies in the area.
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Created by a team of professionals with more than 100 years of combined experience, Onepath Systems is an established leader providing consulting, design, implementation and maintenance of audiovisual, IT, fire and life safety, security, structured cabling, access control and distributed antenna systems for Fortune 500 companies, academic institutions and state and local government agencies in the Southeastern US building technology industry. Onepath Systems was honored as #2 on the 2011 Georgia Fast 40 in the Small-Middle Market category, as well as #12 on the Atlanta Journal-Constitution’s Top Workplaces for 2011.
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InfoComm To Revise Membership Structure, Discount Education |
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InfoComm International (Fairfax VA) has announced that it is simplifying its membership structure and expanding the amount of free and discounted education offered to members, effective early 2013.
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Along with these enhancements, the EduBucks program will be retired at the end of 2012. Corporate membership, for businesses, institutions and organizations, will be priced at $500 per year, and will include unlimited access to selected online classes free ($100 value per student), discounted education, free copies of InfoComm/ANSI Standards, discounted market research and other benefits. Individual membership, priced at $150 annually, will include discounted training and selected free market research. Both membership levels will include free access to all InfoComm trade shows around the world. |
Elma’s Optima EPS Acquires Stantron And APW Mayville Cabinets |
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Elma (Fremont CA), an international provider of embedded computer and technology solutions, has expanded its Optima EPS operations with the acquisition of Stantron broadcast cabinets and APW Mayville datacenter cabinets (Mayville WI).
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Optima EPS, an Elma company, manufactures cabinets, desktop/wallmount enclosures, rackmount chassis, consoles/desks and specialty instrument carts. Synonymous with broadcasting, Stantron, including Pioneer Cabinets, provides specialized enclosures for audio and video equipment, cables, servers and much more for television, radio and other broadcast production. APW Mayville provides a variety of datacenter racks and enclosures including the 19-inch NexServ Cabinets.
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BroadSign Files For Bankruptcy With Plan To Sell Most Assets |
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Digital signage software company BroadSign International Inc. (Boise ID), has filed for bankruptcy and intends to auction almost all of its assets. The company listed debt of $10 million to $50 million and assets of $1 million to $10 million in Chapter 11 documents filed in US Bankruptcy Court, re. BroadSign International Inc., 12-10789, U.S. Bankruptcy Court, District of Delaware (Wilmington). Two affiliates also sought court protection. BroadSign and its affiliates owe their 20 largest unsecured creditors about $2.3 million, according to court papers; Olton Management the largest, with a $1.3 million claim.
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In court documents, BroadSign CEO Brian Dusho stated, “The most effective way to maximize the value of their estates for the benefit of creditors is to complete a prompt sale of substantially all their assets.” BroadSign and its affiliates are insolvent and income is “insufficient to continue their operations without an infusion of further capital,” he offered. The company will seek court approval to borrow as much as $328,295 to help fund operations until it completes the sale. |
SpinetiX Chooses Convergent Media Systems As US Distributor |
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SpinetiX (Lausanne, Switzerland) a Swiss digital signage manufacturer, is now distributing its hyper media player technology in the US through Convergent Media Systems, a Sony Company (Alpharetta GA). SpinetiX appointed Convergent Media Systems as Certified Distribution Partner for the US for all of its products.
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“The appointment of Convergent Media Systems as distribution partner reflects our growth in the US,” stated Serge Konter, SpinetiX Marketing Manager. “The Convergent team has great experience with helping its dealers and integrators on small and large digital signage installations, and the company offers training, a call center and high-level technical support services.” |
Atlas Sound Acquires A-Line Acoustics |
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Atlas Sound (Phoenix AZ) has acquired A-Line Acoustics, a company specializing in the design and manufacture of powered and non-powered professional speaker systems using a variety of technologies, with an emphasis on line array speaker systems. A-Line will be incorporated into the Atlas Sound family of products under the Atlas A-Line Acoustics product category. |
An extensive product lineup will be manufactured in Atlas’ multi-fab facility in Monroe WI, and will be available to select Atlas Sound dealers and distributors beginning in July.
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Samsung Electronics Board Approves LCD Unit Spin-Off |
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Samsung Electronics (Ridgefield Park NJ,) has moved a step closer to spinning off its liquid crystal display (LCD) unit after its board of directors approved the plan. According to BBC News, the firm said it will launch the spun-off unit, Samsung Display Company Ltd., as a new corporation on April 1. The move, which still requires shareholder approval, comes amid slowing demand and falling profits for LCD products.
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LCD manufacturers worldwide have been going through a tough time in recent years. Not only has demand for the product been slowing, but increased supply has also seen manufacturers slash their prices in a bid to attract consumers. Analysts said that the sector had lost its niche factor and that had hurt electronics makers.
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Extron Pulls Out Of InfoComm, ISE |
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On a day that happens only once every four years, we expect something different to happen. However, finding this in our inbox this morning was not quite what we expected. Here is the official statement from Extron President Andrew Edwards: |
“I’m excited to announce that we have completed construction on two new buildings: our 200,000-square-foot worldwide support and training headquarters in Anaheim CA, and our 144,000-square-foot training, support and engineering facility in Raleigh NC. Also, in 2011, we opened training and product demonstration facilities in Washington DC, London, Paris and Frankfurt. We have announced our plan to open an additional training and product demonstration facility in Dallas TX and expect to have our Dallas location online by summer of this year. 2012 includes plans for training facilities in New York and Toronto, with additional facilities to be announced shortly.
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Mersive Investment From Razor’s Edge Ventures To Drive New Class Of Displays |
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Mersive (Denver CO), a provider of visual computing software that creates and manages high performance displays, has received a multi-million dollar investment from Razor’s Edge Ventures (Herndon VA). The investment will help to fund the expansion of Mersive’s sales and marketing efforts to deliver a new class of displays to government and commercial markets. In conjunction with the investment, Razor’s Edge Managing Directors, Mark Spoto and Rob Painter, have joined the Mersive board of directors.
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“Mersive’s unique software-based approach to the delivery of high performance display solutions eliminates the bottleneck caused by legacy display solutions that rely on complex and expensive optical/mechanical technology. Legacy hardware has limited innovation and market growth in the display sector despite advancements in GPU, high performance computing and graphics intensive software,” said Spoto. “Mersive’s software injected into what has traditionally been a hardware model will transform complex ‘project-based’ solutions into a broader ‘product-based’ market.”
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Savant Acquires LiteTouch |
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Savant Systems LLC (Hyannis MA) has acquired LiteTouch, Inc. (Salt Lake City UT), an industry pioneer in the residential and commercial lighting control marketplace since the late 1970s. The acquisition provides Savant with a widely recognized lighting control platform as well as a broad range of keypad offerings to complement the company’s iOS user interface solutions for residential and commercial control applications. |
“LiteTouch is proud to join the Savant Family,” said Angie Larson, LiteTouch Vice President of Sales & Marketing. “Savant's acquisition of LiteTouch creates unique opportunities for industry innovation, design collaboration and product development.” Madonna added, “By leveraging LiteTouch’s three decades of lighting control success coupled with Savant's TrueImage interface, users will now have access to the most powerful automation, lighting and media control platform.”
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BTX Chosen As US Distributor of Net Display Systems’ PADS Digital Signage Software |
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BTX Technologies (Hawthorne NY), a value-added distributor and manufacturer of interface, integration and system products, has been named the US distributor and technical support provider for Net Display Systems’ PADS digital signage software. Net Display Systems is a Microsoft Gold ISV Partner with signage solutions designed to handle applications with requirements ranging from thousands of displays down to just one. These products are available as software-only solutions or pre-installed on media players that are custom configured by BTX for content levels ranging from basic to media-intensive.
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“PADS software provides a simple and powerful solution for any digital signage application,” said Greg Schwartz, BTX Technologies President. “Because the software isn’t tied to any specific player, we are able to offer it pre-installed on our custom-configured hardware solutions. An integrator can mix and match players in an individual project depending on the needs of an application. This allows for truly customized and economical solutions that meet the unique needs of each individual client.” |
Stampede Named US Distributor Of Sony EVI Series Video Cameras |
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Building on the success of its relationship with the Sony Visual Imaging Products Group, Stampede Presentation Products, Inc. (Amherst NY), has been named a United States distributor of the Sony EVI Series of pan-tilt-zoom (PTZ) video cameras. According to Stampede President/COO Kevin Kelly, effective immediately, Stampede assumes responsibility for the sales and marketing of the Sony EVI-HD7V, EVI-HD3V, EVI-D70, EVI-D70/W, EVI-D100, and EVI-HD1 video cameras.
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Stampede is the exclusive North American distributor of Sony Video Conferencing solutions. According to Tim Henry, National Sales Manager, Visual Imaging Products Group, Sony Electronics, Inc., “Stampede has already taken the Sony videoconferencing line to an unprecedented new level of success. The addition of Sony EVI video cameras to their product portfolio is the next logical step in our expanding business relationship. We believe the combination of our videoconferencing solutions, together with our EVI video cameras, provides Stampede dealers and their customers with an unbeatable range of systems to choose from.” |
Yamaha Announces Merger Of Two US Subsidiaries; No Effect On Commercial Audio |
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Effective April 1, 2012, Yamaha Electronics Corporation, USA (YCA, Buena Park CA), the US sales and marketing company for audiovisual products, will be merged into Yamaha’s US sales and marketing subsidiary, Yamaha Corporation of America (YEC) was originally established as a 100%-owned subsidiary of YCA in 1981.)
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According to the company, the merger objectives include realizing maximum synergies, increasing management efficiency, principally in administrative business processes, and implementing closely coordinated sales and marketing of musical instruments and AV products. |
Blonder Tongue Buys R.L. Drake |
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Blonder Tongue Laboratories, Inc. (Old Bridge NJ) has completed the acquisition of R.L. Drake, LLC (Franklin OH), including substantially all of the assets of R.L Drake for about $6.5 million, subject to certain adjustments based on a post-closing audit of the balance sheet of R.L. Drake and additional contingent purchase price payments of up to $1.5 million in the aggregate that may be made over the next three years if certain financial results are realized. R.L. Drake’s unaudited net sales for 2011 were approximately $10.0 million. Both companies supply CATV and satellite signal processing and distribution equipment.
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“For many reasons, a void has developed in the CATV industry leaving even the largest cable MSOs searching for companies capable of developing and delivering innovative new products. Blonder Tongue and Drake plan to fill that void by shortening the development and manufacturing cycle to deliver the most complete compliment of business and product solutions in our industry,” added Luksch. “To maximize customer support, both companies will continue to operate separate entities in two locations: Blonder Tongue in Old Bridge and R.L. Drake in Franklin, respectively.” |
Middle Atlantic, Extron Electronics |
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Middle Atlantic Products (Fairfield NJ, www.middleatlantic.com), in conjunction with Extron Electronics (Anaheim CA, www.extron.com/halfracksystem), is initiating and supporting the establishment of a new standard for half-width rack systems for AV integration.
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Commenting on the introduction and standard effort, Middle Atlantic Director of Marketing Kevin Handerson, stated, “We are pleased to be working with device manufacturing partners to seize the initiative for establishing an ECIA standard for AV half-rack systems. Having a workable, clear standard will greatly facilitate the installation of half-rack products in useful applications.” |
Black Box Acquires InnerWireless, Inc. |
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Black Box Corp. (Pittsburgh PA), a communications systems integrator dedicated to designing, sourcing, implementing and maintaining today’s complex communications solutions has acquired privately held InnerWireless, Inc. (Richardson TX), which enables mission- and life-critical in-building wireless in every industry from healthcare to Fortune 500 enterprises. The InnerWireless Horizon4GTM Distributed Antenna System (DAS) delivers wireless coverage and engineered capacity for maintaining mobile connectivity and optimizing wireless service levels. InnerWireless sells and services solutions throughout the continental US. InnerWireless is the first Black Box acquisition in the rapidly-growing in-building wireless market. |
Chris McCoy, former InnerWireless CEO, commented, “We are very excited to merge our advanced wireless capabilities with the broad geographic footprint and deep organic resources of Black Box. The InnerWireless team has built a unique and valuable value proposition in the DAS market. As part of Black Box, we will be able to combine our efforts to bring our solutions to a larger, growing market.” |
ClearOne Acquires VCON Video Conferencing Ltd. |
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ClearOne (Salt Lake City UT) has acquired Israel-based VCON Video Conferencing, which offers high-performance, end-to-end, software video conferencing solutions. Under the terms of the asset purchase agreement, ClearOne will pay $4.5 million in cash. The acquisition is expected to close by the end of this quarter, subject to customary closing conditions, including applicable regulatory and court approvals. |
According to the company, VCON has established a comprehensive portfolio of industry-leading HD videoconferencing solutions comprising feature-rich room systems and desktop video applications, as well as enhanced network management and infrastructure solutions. With the acquisition of VCON, ClearOne will offer a complete suite of audio and videoconferencing, and collaboration solutions.
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Solotech Acquires Specs Audio |
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Solotech (Montreal, Quebec, Canada) has acquired privately held Specs Audio (Gatineau, Québec), an audiovisual systems integrator with both sales and rental departments. |
“Specs Audio is a dynamic company and we are pleased to add its team of talented individuals to help contribute to Solotech’s growth in the Canadian market, especially in Western Quebec and other specialized markets where they show great strength,” stated Solotech President Denis Lefrançois. Solotech was founded in Montréal in 1977. “Specs Audio will continue to operate as a distinct entity in order to continue to serve its loyal customers and to meet its contractual obligations.”
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AVI-SPL Acquires Iformata Communications LLC |
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Audio video communications provider AVI-SPL (Tampa FL) has acquired Iformata Communications LLC, a provider of video managed services. The acquisition includes the Iformata Video Network Operations Center (VNOC) business and the VNOC Symphony management platform. AVI-SPL views this acquisition as a critical move in the company’s continuing drive to become the dominant player in the video communications solutions and services space. |
According to AVI-SPL, Iformata, founded in 2004, has built a reputation as the leading innovator of VNOC tools and end-to-end automation services through its VNOC Symphony platform. Providing managed conferencing services to global enterprise firms, equipment manufacturers, and top-tier carriers and networks, Iformata’s 450 claim patent portfolio and platform has features for every aspect of managing an enterprise’s fleet of video systems, including call setup, intelligent framing, automated monitoring, event correlation and call tear down–even for disparate immersive telepresence systems. |
MOVEK LLC Receives First Patent |
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MOVEK,LLC (Edina MN) has received its first patent for its myMix personal monitoring and recording system. The patent is for the user interface for network audio mixers, which means that, even though each unit operates independently, every unit recognizes the information provided by the other units once they are connected on the network. |
According to the company, myMix, the first of its kind, decentralized monitor mixer, was designed to be a solutions-based product, specifically addressing the challenges that musicians face on a regular basis. It is an intuitive, simple-to-use personal monitor mixing system that allows each listener/musician to be in control of his music/sound, pulling from the different channels available on the network. The one-touch multitrack recording and play back functionality, combined with pristine audio quality, ease of use and extreme versatility have made it the monitor mixing system of choice for many since its 2010 launch at NAMM. |
InfoComm International Executive |
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Randal (Randy) A. Lemke, PhD, Executive Director and CEO of InfoComm International (Fairfax VA) since 2000, has announced his retirement at the end of 2012, capping off 16 years of service to the commercial audiovisual association. "It has been an honor to serve the needs of such an exciting and innovative industry these past years," Dr. Lemke stated, "and it's with mixed feelings that I leave the wonderful team of professionals and close friends I have made here at InfoComm." |
The search committee for the new Executive Director will be headed by Tony Warner, Board President-Elect. Warner commented, "Our search will focus on a visionary leader who will maintain the strength and culture of the Association, while furthering our international presence and continuing to raise the profile of our industry. We will retain an executive search firm by the end of the first quarter of 2012 to conduct an extensive search, and we are confident we will be able to identify the best candidates to meet these requirements. At a later time, an announcement will be made calling for any potential candidates to submit their materials to the search firm."
It is premature at this time for candidates to submit applications for the Executive Director/CEO position. Candidate requirements will be announced in the second quarter of 2012. |
SKC Communications Acquires
Mpact Systems, Ahern Communications |
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SKC Communication Products, LLC (Shawnee KS) has purchased videoconferencing and presentation technology integrator Mpact Systems, Inc. (Rock Hill SC), further increasing SKC’s nationwide reach as a unified communications technology integrator. Headquartered in the Kansas City metropolitan area, SKC employs more than 230 technology professionals across the country. |
In addition, SKC revealed that it has also reached an agreement with Ahern Communications (Boston MA) to transition all of Ahern’s clients to SKC. Ahern Communications is closing its business operations. |
Sony Ends Joint LCD Panel Manufacturing With Samsung |
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Sony Corporation (Tokyo, Japan) and Samsung Electronics Co., Ltd. (Seoul, South Korea) have signed agreements to transition their current business relationship with respect to LCD panels. |
Established in April 2004, S-LCD has continued to deliver advanced and cost-competitive LCD panels to both of its parent companies, contributing to the expansion of the respective parties' TV businesses, and the large-sized LCD TV market overall. However, LCD panel and TV market conditions have now changed. In order to respond to such challenging conditions and to strengthen their respective market competitiveness, the two companies have agreed to shift to a new LCD panel business alliance. |
Global Special Effects Acquires Universal Fireworks |
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Global Special Effects, Inc. (Lexington AL), formerly known as SnowMasters Special Effects, has acquired European fireworks manufacturer, Universal Fireworks. Universal Fireworks previously supplied all major theme parks with their daily fireworks displays. |
According to the company, “Universal Studios and Walt Disney are excited to now have a US source to provide the best available fireworks in the world.” Global Special Effects, Inc., a manufacturer of visual special effects products and accessories has distributors in 23 countries. |
Tech Data Strengthens Digital Signage Offering |
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Tech Data Corp. (Clearwater FL) has expanded its digital signage business unit through a US distribution agreement with Saddle Ranch Digital, Inc. (SRD, Beverly Hills CA), including an exclusive line of SKUs specifically developed for Tech Data to complement its full line of content creation and management services, and a financing arrangement with GE Capital, Americas. |
“Our new partnership with Tech Data brings a new level of commitment to the channel in support of our content creation services,” said Kim Sarrubi, president/CEO of Saddle Ranch Digital. “Through our partnership, we are enabling resellers to offer a total digital signage solution, including content, to their end-user customers.” |
DiGiCo Announces New Investment From ISIS Equity Partners |
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UK based console manufacturer DiGiCo (Surrey, UK) has secured secondary investment from ISIS Equity Partners almost five years after the company successfully expanded with the backing of Matrix Private Equity Partners. “This is a fantastic opportunity for DiGiCo to build further on the achievements of the last five years,” stated James Gordon, CEO. “The company has expanded rapidly in a short space of time and the timing is perfect to add some new investment and experience to the team. ISIS' historical knowledge of our niche industry is going to be very valuable as the company continues to evolve. Matrix's desire to remain invested within the company and team is a real testament to how well that MBO relationship has worked. The future combined strength of the two houses offers a new dynamic to our future possibilities that I am sure we will take full advantage of.” |
DiGiCo technical director John Stadius added, “I have worked in the pro audio industry for 33-plus years. The last five years with Matrix and the DiGiCo team have really opened up our ability to challenge new technology, such as our move to Stealth Digital Processing. The future combination of ISIS and Matrix is going to accelerate our development opportunities even further.” |
Blackmagic Design Acquires Teranex Systems Inc. |
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Blackmagic Design (Milpitas CA) has acquired Teranex Systems Inc. (Orlando FL), a manufacturer of high performance video processing products for the post production and broadcast industries. |
According to Mike Poirier, general manager of Teranex, “This is an exciting milestone for our company. We are extremely happy to be part of the Blackmagic Design team. Blackmagic Design’s global reach, leading edge technologies, widely recognized brand name, strong systems and networking expertise and worldwide customer relationships make it an ideal partner for Teranex.” |
Black Castle Acquires Stake In Digital Signage, |
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Black Castle Developments Holdings Inc. has entered into a letter of intent to acquire more than 90% of bizM3, a pioneer in digital signage technology and multi-level mobile marketing solutions. Black Castle Developments Holdings, a holding company targeting the acquisition of undervalued, niche companies, is owner of Black Castle Developments, which purchases non-performing notes and bank-owned, income-producing commercial real estate properties. Based in Aliso Viejo CA, bizM3 is one of the first companies to deliver a multi-channel strategy that allows businesses to add a mobile call-to-action to all of its existing marketing channels, both digital and traditional. bizM3’s proprietary technology can send SMS (text messages), MMS (images), IVR (voice), WAP (mobile websites) and digital signage (out-of-home/in-premise advertisements).
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The company has demonstrated early success with clients such as the US Postal Service. Leveraging its FCC-compliant digital signage technology, bizM3 enables businesses to use their existing TV screens in their place of business, whether at a grocery store, restaurant, bar or hotel, to run revenue-generating advertisements. bizM3 is in the early stages of generating revenues from the sale of its digital signage and integrated mobile marketing solutions. |
Lawo Integrates Innovason Brand Into Its Portfolio |
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In the wake of a lengthy restructuring process, the French company Innovason SAS (Brittany, France) has been dissolved. However, the Innovason brand has been saved by Lawo AG, which now owns all the product and trademark rights. The move, which follows Lawo’s acquisition of the majority shareholding in April 2008, marks the end of a juridical process that resulted in the liquidation of Innovason SAS on November 2, 2011. The Innovason brand will henceforth be managed from Lawo’s HQ in Rastatt, Germany. |
“Furthermore, Lawo is committed to maintaining the heritage and history of Innovason,” continued Babazadeh. “Our focus for the future is on the continued development of the Eclipse platform. The difference is that we will be able to pursue this development with more resources available to us than ever before, which is fantastic news. It is the ideal climate in which to nurture and perpetuate the pioneering spirit that has characterized Innovason products since the beginning.”
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Trans-Lux Completes Restructuring Plan |
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Trans-Lux Corp. (Norwalk CT), a supplier of LED technology for high-resolution video displays and lighting applications, has completed an extensive financial restructuring and recapitalization of the company, according to Trans-Lux President/CEO J.M. Allain. "I am pleased to report that the hard work by countless people on the restructuring plan has finally delivered. For well over a year now, we have been working with our debt and stakeholders to create a positive and viable way forward. We believe that the successful resolution of our restructuring plan puts us on a solid financial foundation and gives us the working capital to make much needed investments in strategic areas," he stated. "The success of the restructuring plan will now allow us to focus on growing the digital signage and LED lighting businesses. Trans-Lux's portfolio of end-to-end solutions unlocks a whole new realm of new business development opportunities," Allain added. |
As part of the restructuring plan, the company raised $8.3 million of equity capital (the "Offering") consisting of (i) 416,500 shares of the Company's Series A Convertible Preferred Stock, par value $1.00 per share (the "Preferred Stock") having a stated value of $20 per share and convertible into 50 shares of the Company's Common Stock, par value $1.00 per share (or up to 20,825,000 shares of Common Stock), and (ii) 4,165,000 one-year warrants (the "A Warrants"). The Preferred Stock will automatically convert into Common Stock once the shareholders approve an increase to the number of shares of authorized Common Stock at the Company's next annual meeting and the Company files an amendment to its certificate of incorporation so there is an adequate amount of shares available for issuance. These securities were issued at a purchase price of $20,000 per unit (the "Unit"). Each Unit shall consist of 1000 shares of Preferred Stock (convertible into 50,000 shares of Common Stock) and 10,000 A Warrants. Each A Warrant shall entitle the holder to purchase (a) one share of the Company's Common Stock and (b) a three-year warrant (the "B Warrants"), at an exercise price of $1.00 per share (subject to adjustment to $0.20 per share). Each B Warrant shall entitle the holder to purchase one share of the Company's Common Stock at an exercise price of $1.00 per share (subject to adjustment to $0.50 per share). The restructuring plan included offers to the holders of the 8¼% Limited convertible senior subordinated notes due 2012 (the "Notes") to receive $225 plus 250 shares of the Company's Common Stock for each $1000 Note tendered and to the holders of the 9½% Subordinated debentures due 2012 (the "Debentures") to receive $100 for each $1000 Debenture tendered. $8,976,000 principal amount of the Notes and $718,000 principal amount of the Debentures were tendered. The Preferred Stock, as well as the Common Stock offered in exchange for the Notes, will not and have not been registered under the Securities Exchange Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. The Debentures are subordinate to the claims of the holders of the Notes and the Company's senior lender under the Credit Agreement, among other senior claims. Both offers expired on October 31, 2011. |
AES X192 Audio Network Interoperability |
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An AES standards task group chaired by Kevin Gross (who conceived and developed the CobraNet system for transport of real-time, high-quality audio over Ethernet networks) is developing an interoperability standard for audio networking. The project is called X192. Addressing the need for interoperability between products of many different manufacturers, X192, once implemented, will provide manufacturers with the means to remain with the network technology they are invested in, while also seamlessly interfacing with products that support other networks. |
Manufacturers and users of networked audio products are recognizing the benefits of using Layer 3 network technology and applying existing IP protocols such as IEEE 1588, RTP and DiffServ to the challenge of distributing high channel-count, low-latency, uncompressed digital audio. The benefits of such an approach are numerous and include compatibility with off-the-shelf network hardware, scalability, manageability and acceptance by IT professionals.
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StJohn Group Changes Focus |
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Effective immediately, StJohn Group, Inc. (Bellingham WA), has discontinued distribution of audio/video products in the North American market for its current vendors, Artcoustic, Cabasse, Cineversum and IMAGE Screens. |
According to owner Kevin Leja, StJohn Group will get back to its roots as a marketing and business development company. Future business will focus on evaluation and development of companies' web-based presence, as well as social networking, mobile applications, and more traditional web and print-based marketing.
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Roscor Corp. Lays Off Staff |
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Mount Prospect IL-based Roscor Corp., a media and information technology company that resells and rents audiovisual equipment, laid off about 100 of its employees on October 30. According to company President Paul Roston, Roscor has been struggling since it hit a peak in 2009. He dismissed rumors that the company, which provides professional audio, video, multimedia and computer-based products and services, particularly for broadcast television, along with education and corporate communications, is shutting down. |
He said the layoffs are a result of the economy and shrinking profit margins, with prices at a point where Roscor can't sustain a business, particularly not a business like his own "that was invented and designed to sell $100 million worth of stuff a year." Roston admitted that Roscor couldn't compete on hardware prices with large national equipment sellers, "and that's what affected our sales staff." Rosco had offices in Wisconsin, Michigan, Ohio and Indonesia. |
InfoComm Forms Independent Technical Service Providers Council |
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The InfoComm International Board of Directors has approved creation of an Independent Technical Service Providers Council, a new group with the objective of promoting the role of independent technical service providers (ITSP) for outsourced integration and event project work. The council also gives the independent technical service providers a collective voice with hardware and software vendors. “InfoComm International is pleased to support this growing segment of the AV industry,” said Duffy Wilbert, CTS, CAE, senior vice president of membership, InfoComm International. |
DelGuidice led the effort to form the new council. “I wanted to create a home for this particular segment of InfoComm members,” he said. “These professionals fill a specific role that differs from those of traditional integration, rental, staging or distributor organizations.” The ITSP Council is holding its first formal meeting in November. Members who would like to participate in this council should contact the InfoComm staff liaison Marc Bialek. |
YCD Multimedia Acquires C-nario |
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YCD Multimedia (New York NY), a provider of smart digital media experiences to the retail business world, has acquired high-end digital signage solutions company C-nario (Tel Aviv, Israel) in a stock transaction. According to the company, the combination brings together two digital signage companies to deliver an end-to-end solution that encompasses everything from content management to measurement and analytics. "This solution is designed to deliver a complete brand experience in the retail industry as well as in other market segments." The company will expand its reach to serve more than 2000 brands, including leading Fortune 500 global brands, in more than 40 countries. |
Tamir Ginat, C-nario's CEO, said, "This is an important step in C-nario's growth and business strategy. Bringing together powerful market-leading technologies will enable us to offer our customers solutions that provide unrivaled capabilities and address current and future needs." |
MCSi’s Peppel Sentenced To Seven Days In Prison, $5000 Fine |
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Michael E. Peppel, former president and chief executive officer of MCSi Inc., at one time the largest systems integration firm in the US, was sentenced on October 24 by US District Judge Sandra Beckwith to seven days in federal prison and a $5 million fine. The judge also ordered three years of federal probation supervision. According to a report by John Nolan, Staff Writer for the Dayton Daily News, Peppel faced a potential prison term of eight to 10 years for his guilty pleas to felony crimes that the government said led to the 2003 failure of the company, and caused widespread losses for its employees and investors. |
Peppel pleaded guilty to participating in a conspiracy to intentionally report false revenues and earnings at MCSi, to cover up losses and prop up the company's stock prices. (He must submit to random drug testing, and perform community service including public presentations about lessons he learned from his wrongdoing and punishment.) Peppel has agreed to a lifetime ban on his ever serving again as a corporate chief executive, the job he had at MCSi. |
FrontRow,
Calypso Systems Merge |
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FrontRow (Petaluma CA) and Calypso Systems (Woodbury MN) are merging into a single entity operating under the name FrontRow. The unified company plans to offer a suite of technologies that schools can use to improve communication within and between classrooms—even with students at home.
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The management teams of FrontRow and Calypso have been working since last year on a shared vision of what integrated school communication could and should be. "Our two companies complement each other extremely well in terms of resources, intellectual property and culture," stated FrontRow President Jens Holstebro. "By leveraging FrontRow's footprint in the classroom amplification space with advanced network products from Calypso, we have secured the position as the leading school communications provider in the industry. Nobody else can deliver better ways to build, manage and use engaging, media-rich learning spaces—or do it faster." According to Calypso President David Parish, the merger will first result in simple product bundling and improved interoperability between the companies' current products. "Ultimately, though," hinted Parish, "what we're building is the industry's most comprehensive and integrated communication platform for education. Our solutions will make it easier to share ideas and information within the classroom, the school, the district and the community, all while driving operational and financial efficiency." |
Polycom Acquires ViVu |
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Polycom, Inc. (Pleasanton CA), has acquired ViVu, Inc. (Cupertino CA), a privately held video collaboration software company. The transaction was closed on October 14, for undisclosed cash consideration, and Polycom expects the transaction to be neutral to earnings.
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"ViVu is a compelling acquisition for Polycom as their technology provides a scalable architecture to quickly deploy rich video collaboration for a range of web-based applications for social, business and industry-specific applications, such as those for healthcare, finance, and customer service," said Sudhakar Ramakrishna, Executive Vice President/General Manager of UC Solutions and Chief Development Officer, Polycom. |
ComQi Partners With Path Intelligence |
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ComQi (Linden NJ), born from the merger of Minicom Digital Signage and EnQii, is partnering with Path Intelligence Inc. (Portsmouth, United Kingdom), which owns proprietary technology that detects and predicts how shoppers and visitors will behave within enclosed environments such as malls, retail stores, transportation hubs and stadiums. Path Intelligence captures data on shoppers by passively and anonymously observing the movement of their mobile phones. The firm provides customized information on how many shoppers there are by department, how long they dwell, how frequently they come back, which stores they visit during their mall trip and how the full path-to-purchase (and beyond) is mapped. Currently, Path Intelligence is working with US retailers J.C. Penney and Home Depot, as well as a number of UK retailers and mall management companies. |
ComQi and Path Intelligence will work to provide retailers with detailed analytics on general shopper behavior in the store, as well as specific analytics linked to digital signage. According to the companies, the Path Intelligence system can be used to optimize digital signage installations and measure engagement at the screen level. "Path Intelligence's footpath data provides retailers with expanded metrics and quantitative performance by department, enabling management to optimize operations, labor allocations and store layouts," said Sharon Biggar, Path Intelligence CEO. "We are excited to be working with ComQi to bring these, as well as other new features, to the US retail marketplace." "We wanted to work with Path Intelligence to bring the power of online analytics to the physical shopping experience," offered ComQi's North American Managing Director, Stuart Armstrong. "The powerful data and analytics provided by Path Intelligence make ROI measurement and deeper consumer data-capture a reality for retailers." Advising the Path Intelligence/ComQi partnership are The Jeffrey Group (Jeff McElnea, formerly of Einson-Freeman/WPP Group) and Edgewood Industries (George Wishart, formerly of The Nielsen Company). |
AVI Systems Acquires Workplace AV Systems |
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Audiovisual systems integrator AVI Systems, based in Eden Prairie MN, has acquired Workplace AV Systems of Sioux Falls SD, a division of Workplace Technology Center specializing in information technology and audiovisual consulting solutions. The purchase of Workplace AV Systems further increases AVI Systems' geographic area in the Midwest market. "The combination of Workplace AV Systems technology solutions with our audiovisual expertise will provide our clients with more solutions, expertise and support," said Glenn Bosch, Regional Vice President of AVI Systems. |
Workplace AV Systems was established as an AV consultant in South Dakota in 1997, and will maintain its current facility in Sioux Falls. "The integration of both companies will take place over the next year, with the local office operating under the dba of Workplace AV Systems a subsidiary of AVI Systems, and will migrate to the AVI Systems name during the next year. Our clients will continue to receive the same high quality audiovisual communication solutions they have come to expect and Workplace AV Systems clients will enjoy the expanded AV solutions and support capabilities," Bosch added. "All of us at Workplace AV Systems look forward to this great opportunity. Our capabilities complement one another so we see the future as a win-win situation for both parties," said Joe Zueger, President of Workplace Technology Center. The two companies serve the same consistent customer base and have enjoyed a strong history of performance on collaborative projects. |
ClearOne Acquires MagicBox |
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ClearOne (Salt Lake City UT), which develops and sells conferencing, collaboration, multi-media streaming and connectivity systems for audio, video and web applications, has acquired MagicBox, Inc. According to ClearOne, this is part of the company's broader strategy to capitalize on emerging market opportunities as audio video, information technology, unified communications and traditional digital signage converge to meet enterprise and commercial multimedia needs. |
Privately-held MagicBox, headquartered in Corvallis OR and founded in 1995, designs, develops and markets a variety of hardware and software solutions to deliver digital content and information to digital displays. "MagicBox and ClearOne have complementary products for a broad spectrum of applications," said Tom Searcy, Founder of MagicBox. "One of the single-most challenging requirements for any digital signage provider is the ability to distribute content over a wide-area network while maintaining control and scheduling alignment. StreamNet technology delivers low-latency HD distribution over IP which is a perfect fit with MagicBox's content creation, scheduling, database integration and digital signage domain expertise." The acquisition presents both companies with new global market opportunities and accelerated product development, they report. It also brings economies of scale to MagicBox, which will be leveraged to execute go-to-market strategies. |
The AVC Group Consolidates Sales Rep Network |
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In a move designed to provide dealers with a single point of contact for its iconic custom installation brands, The AVC Group (Carlsbad CA), a subsidiary of Nortek, Inc. and part of Nortek's Home Technology Group, is implementing a consolidated independent sales rep network that enables qualifying dealers to have "one source" access to more than 1700 products and system solutions offered by its ELAN, NILES, Xantech, Sunfire and ATON brands.
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According to Terry, the consolidated rep organization benefits every entity involved in the sales process: dealers, distributors, reps and The AVC Group. For dealers, the new organization provides a single point of contact for all five AVC Group brands while allowing them to access bundled and tiered programs and incentives. "We will be able to provide our dealers and distributors with complete and complementary systems solutions: more than 1700 different products," Terry emphasized. "Our dealers will now enjoy a greater, more powerful relationship with a single manufacturing partner. For the sales reps in the new organization, the structure delivers a new level of efficiency with features such as one-stop training, one sales meeting, one commission check and one business methodology, the company stated. "At the same time," Terry stressed, "the new consolidated sales rep network offers reps the ability to finally offer every dealer a complete price performance range of solutions. Every dealer call they make will be much more likely to result in a sale and that reality will significantly increase their income." Finally, for The AVC Group, the new structure allows the Group to make sure it always has "A" level reps in every sales territory. The Group will be able to more effectively develop and implement a long-term systems solution product strategy that benefits all of its dealers while ensuring that the Group's brands are not squeezed out of a channel or used to leverage a competitor. "It also allows us to act quicker in the market, offer more comprehensive training and be more efficient with our resources. The bottom line is that everyone benefits, including the customer, and that's the most important priority for all of us." Although the implementation of a consolidated independent sales rep network bodes well for the future of The AVC Group, dealers and consumers, it is a significant change that does affect some long established relationships. "Unfortunately, this type of action requires that we part company with many extremely qualified, talented and loyal reps through no fault of their own. I want to thank these firms for their many contributions over the years. Without their effort and success, our brands would not be the leaders they are today. I wish each and every one of these firms continued success in the future," Terry offered. The new independent sales rep organization is comprised of Audio Associates Corp. (South Plainfield NJ), Electronic Marketing Associates (Raytown MO), High-Tech Network (Smyrna GA), Market Share Inc. (Bellevue WA), New Age Marketing (Manvel TX), ProMark Marketing (Santa Clarita CA), RS Pro Sales, LLC (Cincinnati OH), SLAMCO (Chanhassen MN), Sound Tech Marketing (Golden CO), Tandem Marketing, Inc. (Elk Grove Village IL), The Jarmac Group (Taunton MA), TWC Michigan, Inc. (Trenton MI) and Zone Pacific Sales (Sacramento CA). |
FiberPlex Changes Hands |
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FiberPlex Technologies, LLC, has acquired FiberPlex, Inc. , based in Annapolis Junction MD, including the LightViper and Shadow brands. In the fiberoptic communications industry since 1987, FiberPlex, Inc., was founded by engineers who had the vision of future communications and understood its value to governmental and civilian security, according to the company. In 2004, spearheaded by Harry S. (Buddy) Oliver III, the company introduced the LightViper brand of products, bringing its knowledge and expertise into the pro audio market.
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FiberPlex Technologies, LLC, was formed by Buddy Oliver, President/CEO, and Cynthia Oliver Peters in July 2011 for the purpose of acquiring the assets and operations of FiberPlex, Inc. Buddy Oliver has more than 20 years of experience in the electronic manufacturing industry and federal contracting. Cynthia Oliver Peters has extensive training and experience in organizational change management and executive coaching. With a background in accounting, she has owned and operated several businesses over the past 25 years, and has served on boards of directors and committees for several organizations. This fusion of new dynamic leadership and revitalized capital with a brand, products and reputation built over 24 years will create a strong foundation for growth both domestically as well as internationally, the company reported. FiberPlex Technologies, LLC, will keep all of its jobs and manufacturing in the US. "We will build on the quality that the FiberPlex name and its brands have come to symbolize as we pursue the innovation of the next generation of fiberoptic communications equipment," they stated. |
Radiant Systems Acquires Texas Digital Systems |
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Radiant Systems, Inc., (Alpharetta GA) has acquired Texas Digital Systems, Inc., (College Station TX) a provider of order confirmation displays and digital signage solutions. Texas Digital's solutions enable businesses to improve order accuracy, increase speed of service and influence sales at the point-of-purchase.
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With more than 22,000 installations in 40 countries, Texas Digital develops order confirmation displays and digital signage solutions that can be implemented in a variety of indoor and outdoor environments, including restaurants, entertainment, arenas, and stadiums and theme parks. "Radiant and Texas Digital have complementary products and have been strong business partners for many years," said Dennis Davidson, President/COO of Texas Digital Systems. "Our companies are well aligned in the markets we serve and we are excited to become a part of their team." In July, NCR announced plans to acquire Radiant Systems. NCR provides assisted- and self-service solutions and comprehensive support services address the needs of retail, financial, travel, healthcare, hospitality, entertainment, gaming, public sector, telecom carrier and equipment organizations in more than 100 countries. |
Court Of Appeals Affirms ClearOne Verdict Against Biamp Systems |
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The United States Court of Appeals for the Tenth Circuit issued an opinion August 8, affirming a November 2008 jury verdict issued by a federal district court in favor of ClearOne against Biamp Systems Corp., for theft of ClearOne's trade secrets, including the federal district court's award of exemplary damages based on the finding that Biamp's misappropriation was willful and malicious. In its ruling, the Tenth Circuit Court of Appeals reduced the amount of ClearOne's judgment on two categories of ClearOne's damages, but otherwise affirmed Biamp's liability to ClearOne on every component of ClearOne's judgments against Biamp for theft of ClearOne's trade secrets, including awards for lost profits, unjust enrichment, exemplary damages based on Biamp's willful and malicious conduct, taxable costs, and attorney fees and costs.
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The amount of ClearOne's judgment against Biamp is estimated to be $3.7 million, not including additional amounts that may be awarded. This amount reflects reductions by the Tenth Circuit Court of Appeals of approximately $1.1 million from the federal district court's previous judgment of about $4.8 million. Pursuant to a prior order of the federal district court, Biamp had deposited about $3.7 million in escrow, to protect ClearOne and serve as a bond on appeal. ClearOne will immediately seek release of these monies to satisfy judgment in its favor. |
RCF And dB Technologies Move U.S. Operations To New Jersey |
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RCF and dB Technologies has announced a relocation of its business from New Hampshire to Edison NJ, effective August 15. The move provides the company with a bigger warehouse to receive and ship product more efficiently and inexpensively across the United States. The move will also position the company in a centralized location allowing it to adjust to the U.S. market's needs.
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The further development of the company has also produced an adjustment in the representation across the U.S. With a change in reps in California, Chicago and a new partnership with Starin Marketing, RCF and dB Technologies plan to expand their services across the country. The company's new address is 110 Talmadge Road, Edison NJ. |
Black Box Acquires PS Technologies, LLC |
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Black Box Corporation, Pittsburgh PA, has acquired privately-held PS Technologies, LLC (PS Tech), based in Dayton OH. PS Tech is the first Black Box acquisition in the rapidly growing enterprise video communications market and services clients in the healthcare and government verticals. PS Tech is a Cisco TelePresence Video Master certified partner with expertise ranging from integration of remote offices via desktop conferencing to deployment of the latest in telepresence technology.
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PS Tech sells and services solutions throughout the continental US, Europe and the Pacific Rim, with annual historical revenues about $28 million. |
Calibre UK Appoints Eiki International As North American Distributor |
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Calibre UK, Bradford, UK, a major player in the development and manufacturing of image processing, scaling and switching products, has appointed Eiki International, Inc., Rancho Santa Margarita CA, as its North American distributor for the HQView professional audiovisual image processing, warp and blend products. The agreement was facilitated by Paul Carey, Marketing Specialists, Inc., Calibre UK's North American master representative and also a manufacturer's representative for Eiki International, Inc. |
The HQView range complements the range of projectors, comprising more than 40 models at resolutions ranging from XGA to 2K (2048x1080) that Eiki manufactures and distributes from its California headquarters. "Eiki literally means 'projectors' in Japanese but, with Calibre UK, we're stepping up a gear and empowering our user and customer base. This will enable them to do so much more with their projection systems," stated Steve Rubery, Eiki International New Business Development Manager. |
GestureTek Sells Some Assets To Qualcomm |
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GestureTek, Inc.(Toronto, Canada) has sold certain technology assets to Qualcomm Incorporated (San Diego CA). The acquisition will give Qualcomm ownership of certain intellectual property assets related to gesture recognition. With more than 25 years of experience implementing gesture-based technologies in mobile devices, entertainment facilities, museums, retail locations and other public and private venues, GestureTek will retain selected technology assets and will now focus on its gesture-controlled public display/digital signage and health businesses. |
"This transaction with Qualcomm is a great result for both parties," says Vincent John Vincent, President/Co-Founder, GestureTek Inc. "GestureTek will continue to deploy our technology in the digital signage/public display and health markets, on which we will now focus exclusively. We look forward to supporting our existing customers and continuing to leverage our network of dealers and distributors to add new customers in these growing markets." |
Haivison Acquires Kulabyte And Montivision; |
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Haivision Network Video (Montreal, Canada), a provider of video networking, digital signage and IP video distribution solutions, has acquired KulaByte Corporation (San Marcos TX) and MontiVision Imaging Technologies (Breiholz, Germany). The technologies of both companies, including advanced encoding, transcoding, cloud computing and workflow solutions, will be combined to form Haivision's new Internet Media Division. |
Founded in 2004, KulaByte's customer list crosses many market segments, including over-the-top (OTT) broadcast, HD Internet TV, live church streaming, education, corporate event broadcasting, live sporting event streaming, and military and defense applications. KulaByte encoders and cloud transcoders were used recently to broadcast the Masters golf tournament to hundreds of thousands of viewers. |
AMX Acquires SchoolView Technologies Inc. |
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AMX (Richardson TX), a provider of solutions that simplify the implementation, maintenance and use of technology to create effective environments, has acquired SchoolView Technologies, LLC, a Plano TX-based company specializing in building comprehensive software that consolidates management and control of diverse school technologies at the district, building and classroom level, on a single, comprehensive platform. AMX introduced a partnership with SchoolView Technologies in February 2010, and launched the AMX|SchoolView solutions combining hardware and software that integrates disparate building systems to deliver a central command center in a single location using existing data networks, and capable of scaling for future technology integration, said the company.
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"We have been impressed with both the quality of the products and the people at SchoolView over the past 18 months and are glad to officially welcome them to the AMX family. AMX is capitalizing on the success of this partnership with a solution that aims directly at controlling costs at a time when K-12 schools are being challenged more and more to show a true return on their investment," said Rashid Skaf, AMX President/CEO. "AMX|SchoolView is the only scalable education solution set that allow schools to start with certain critical components and continue to add more later to eventually take full advantage of our 'unified control' solutions to manage connected technology, automation, security and energy utilization." |
ANSI Approves InfoComm’s Projected |
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The American National Standards Institute (ANSI) has approved InfoComm’s third standard, ANSI/INFOCOMM 3M-2011, Projected Image System Contrast Ratio . The standard provides metrics for measurement and requirements for minimum contrast ratios for rear- and front-projection audiovisual projected image systems. ANSI/INFOCOMM 3M-2011 Projected Image System Contrast Ratio, which applies to both permanent and temporary installations, defines projected image system contrast ratio and its measurement. This standard defines four contrast ratios based on content viewing requirements. The system contrast ratio refers to the image as it is presented to viewers in a space with ambient light. Metrics to measure and validate the defined contrast ratios are also provided. A one-page overview can be found on InfoComm's website. |
InfoComm thanks the following industry volunteers for their leadership in developing this standard: Alan C. Brawn, CTS, ISF, ISF-C, Brawn Consulting, Moderator; David Aleksandersen, Projection Design; Tim Anderson, 3LCD; Jonathan Brawn, CTS, ISF, ISF-C, Brawn Consulting; Ricardo Chen, Canon USA (LCoS); Michael Davis, Texas Instruments (DLP); Richard Green, HTDS, CCP-HTPS; Rich Green, Ink (CEDIA volunteer member); Greg Jeffreys, Paradigm Audio Visual Ltd.; Christopher Johnson, CTS-D, HTDS, AudioVisions; John Meehan, Panasonic Projector Systems, Inc.; David Pedigo, CEDIA; Don Stewart, CTS, Stewart Filmscreen; and Grant Stewart, CTS, Stewart Filmscreen. Digital copies of the standard can be purchased at www.webstore.ansi.org. |
Magenta Research and TV One Form |
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Following its recent acquisition of Kentucky-based TV One Broadcast Sales Corporation, Nortek, Inc. announced that TV One and Connecticut-based Magenta Researchare cornerstones of the newly formed Magenta Commercial Technology Group. |
Magenta specializes in providing large-scale switching, extension and distribution projects to the commercial AV and digital signage markets, while TV One dedicates itself to providing video, audio and multimedia processing solutions. Commercial Technology Group Chairman, and Magenta Research CEO, Keith Mortensen stated, "The ability for TV One and Magenta technology to be cross-integrated into broadcast and commercial AV projects offers integrators and consultants exciting new alternatives to approaching projects, while streamlining the overall process." |
ABRY Partners To Acquire Masergy Communications, Inc. |
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ABRY Partners, LLC (Boston MA) is purchasing 100% of the existing equity of Masergy Communications, Inc. (Plano TX), a global provider of secure, virtualized network services. The transaction is expected to close within 90 days. |
This transaction provides liquidity for the founding investors and introduces an experienced equity partner for the company's continued growth. The existing management team will continue to manage the business with no operational changes. |
Audio Manufacturers Create The Open Control Architecture Alliance |
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Eight professional audio manufacturers have formed a group whose mission is to secure the standardization of the Open Control Architecture (OCA), a media networking system control standard for professional applications. They include Bosch Communications Systems, d&b audiotechnik, Duran Audio, LOUD Technologies Inc., Media Technology Systems, PreSonus, Salzbrenner Stagetec Mediagroup and TC Group. |
OCA is not a media transport technology, and does not replace evolving media transport standards such as AVB. Instead, it is intended to complement such standards by providing a reliable and rich system control environment. Together, media transport and system control standards will enable complete multivendor media network solutions in the future. |
RF Industries Acquires Cables Unlimited, Inc. |
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San Diego CA-based RF Industries, Ltd. has acquired Long Island NY-based Cables Unlimited, Inc. CUI, a seller of high-value fiberoptic cabling and connector products to enterprise and carrier network customers, for a purchase price of $5,600,000, consisting of $2,800,000 in cash and 762,738 common shares. Privately owned CUI had revenue of about $6,200,000 and non-audited non-GAAP adjusted EBITDA of about $645,000 in its most recent 12 months ended December 31, 2010. |
At the heart of this merger was a strong desire by both Banbury and Pressley to expand opportunities for their customers and employees. "We now have the scale and talent to provide compelling value for customers of all sizes," said Banbury. "This provides opportunities for growth and achievement for everyone involved." |
Multi Media Services, Video Systems of the Carolinas Merge |
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Multi Media Services and Video Systems of the Carolinas have merged to create Unified AV Systems, with Jim Pressley serving as CEO and Bruce Banbury as President. |
At the heart of this merger was a strong desire by both Banbury and Pressley to expand opportunities for their customers and employees. "We now have the scale and talent to provide compelling value for customers of all sizes," said Banbury. "This provides opportunities for growth and achievement for everyone involved." |
Alcons Audio Forms Alcons Audio USA |
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Dutch speaker manufacturer Alcons Audio has formed Alcons Audio USA, which represents the company taking its first significant steps toward penetrating the US market. This brings the advantages of Alcons' range of Pro-Ribbon solutions, from point-source, through line-source, to line array, to a new geographical sector. Alcons Audio USA will be headed by David Rahn, previously National Sales Manager at Renkus-Heinz, and Pauline Ortiz y Pino, business development specialist. It will be based in Dana Point CA. |
"The US market is very important. However, we decided not to enter until we were able to establish our own office there, providing the comprehensive support our customers deserve and have come to expect," said Alcons' Co-Founder Tom Back. |
Extensive Polycom Activity |
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Polycom is acquiring HP's Visual Collaboration business, including the Halo Products and Managed Services business. The companies also signed a strategic agreement that makes Polycom an exclusive partner to HP for telepresence and certain video UC solutions, including both resale and internal HP deployments, and integrates Polycom's video applications on HP's WebOS TouchPad product line. |
Founding members of OVCC include Airtel, AT&T, BCS Global, BT Conferencing, Cable&Wireless Worldwide, Global Crossing, Glowpoint, iFormata Communications, Masergy, Orange Business Services, PCCW Global, Telefonica, Telstra and Verizon. |
LINX Signs Merger Agreement With Solstice Multimedia |
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Denver CO-based LINX, a $32 million communication infrastructure provider, has signed a merger agreement with Solstice Multimedia that combines Solstice and the Audio-Video division of LINX to form a new subsidiary: LINX Multimedia, LLLP. Prior to the merger, privately owned LINX operated three lines of business: voice and data cable services and installation, security systems integration and AV systems. |
"We are very excited to create [a] premier AV firm in the Rocky Mountain Region with this deal. There is strong demand for an AV integration firm that can create the right client experience wrapped inside of a professional builder's mentality," said LINX CEO and Owner Erik Isernhagen. "We are a good fit because Solstice and LINX place the same…value on our relationships with our clients." |
Mitsubishi Electric Corp. Launches Mitsubishi |
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Effective June 1, Mitsubishi Electric Corporation (Irvine CA) has established Mitsubishi Electric Visual Solutions America, Inc. The new company will sell professional visual systems products, including data wall display systems, projectors, LCD digital signage monitors, 3D and 2D home theater front projectors, and professional industrial and photo printers. MEVSA will also manufacture and sell 73-inch and larger 3D DLP Home Cinema televisions and 3D LaserVue televisions for the consumer marketplace. Mitsubishi Electric has withdrawn from the 65-inch and smaller categories of consumer television products in North America.
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Mitsubishi Electric Visual Solutions America is acquiring certain manufacturing, sales and marketing activities of Mitsubishi Digital Electronics America, Inc. MEVSA plans to expand sales within North America with a business strategy that specializes in a wide range of large-screen visual solution products. |
Legrand To Acquire Middle Atlantic Products |
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Legrand, North America, has signed a definitive agreement to acquire Middle Atlantic Products, Inc., a New Jersey-based company. The completion of the transaction is anticipated for mid-June and is subject to the satisfaction of certain requirements, including regulatory approval. Prior to closing, Legrand and Middle Atlantic will continue to operate as separate, independent companies.
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With this acquisition of a recognized presence in AV enclosure systems, Legrand seeks to fulfill one of its key objectives: that being to establish a leadership position in the markets for AV infrastructure products, systems and solutions. Middle Atlantic has knowledge of these markets and a sales relationship with more than 3500 integrators in the US and Canada. |
TV One Acquired by Nortek, Inc. |
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TV One has sold 100% of the company's stock to a subsidiary of Nortek, Inc., a diversified global manufacturer. The sale includes all TV One-related, wholly owned companies in the US, UK, Taiwan and China. TV One will be included in Nortek's Technology Products segment and closely aligned with Magenta Research Ltd. The transaction was completed on April 28.
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David K. Barnes, TV One CEO, stated, "We recently celebrated our 25th anniversary in the [commercial] AV industry and have established a record of consistent growth, profitability and product innovation. At the upcoming InfoComm show, we will launch an entirely new technology and product range that will usher in a new era for TV One. As part of the Nortek family of companies, I look forward to maximizing the opportunities that will take TV One to the next level. I personally look forward to being part of that continuing success." |
DS Companies EnQii and Minicom Digital Signage Merge |
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EnQii Holdings and Minicom Digital Signage (MDS) have merged their companies, creating a global presence in multichannel message management. The merged company, it says, will offer a platform that provides leadership, simplicity and innovation in a complex marketplace. Jerusalem Venture Partners (JVP) led a growth capital financing round together with other existing shareholders—Wellington Partners, Amadeus Capital Partners and Aviv Ventures—to complete the merger. The financing will go toward expanding the current solutions portfolio, as well as to grant necessary resources for additional acquisitions. |
EnQii-MDS will provide marketers with an end-to-end solution encompassing distribution, content management and proof-of-performance, while reducing capital and operational costs. This platform will ensure the delivery of consumer messaging that has recency, relevancy and accountability, and that will deliver an ROI to customers at the lowest total cost of ownership. These solutions are future-proofed, utilizing a cloud-based platform that offers the flexibility to accommodate both small and large installs. |
projectiondesign Acquires US Distributor |
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Norway's projectiondesign has successfully concluded negotiations on acquiring longstanding partner and distributor projectiondesign LLC, the exclusive distributor of projectiondesign products in North America since 2004. "North America represents the largest single market for our…projection and display technologies…," remarked Executive Vice President Åsmund O. Fodstad, who was recently appointed by projectiondesign to drive its global growth. "Increasing our efforts and focus in this market will see a visible increase in presence and strengthen our ambition of being the preferred projector and services supplier." |
Gary Plavin, President of projectiondesign LLC, said, "We are incredibly proud of how we have developed the projectiondesign brand over the past seven years. It's a natural progression for us to recognize the additional strength and synergies from integrating our operations with the head office in Norway and accelerating our growth in the Americas. This will also solidify our position as [a] specialist high-performance projector and image-processing manufacturer. We look forward to the…fulfillment of our short- and long-term visions, which will bring…success and added value directly to our channel partners and customer base." |
Coleman Acquires First Capitol, Continental Assets |
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Coleman Cable, Inc., has completed the acquisition of the assets of First Capitol Wire & Cable, as well as the assets of Continental Wire & Cable, for a total purchase price of $7.15 million. First Capitol and Continental are manufacturers of industrial wire and cable products used across a number of commercial, utility and industrial end-markets. Both companies have a history of providing customers with custom wire and cable products, including First Capitol's design and production of a broad line of high-temperature wire and cable products used in OEM applications, as well as within a number of applications for the energy, commercial and industrial end markets. |
First Capitol and Continental, both based in York PA, were privately held entities under common ownership prior to the acquisition of their assets by Coleman Cable. The acquisition of the assets of these two companies, whose combined sales were in excess of $10 million for 2010, were structured as all-cash transactions, both of which closed on April 29. Coleman anticipates that the assets acquired from the combined companies, primarily inventory and production machinery and equipment, will contribute approximately $0.10 to $0.15 in GAAP earnings per diluted share in 2012, while being earnings neutral or slightly accretive for the balance of 2011. |
The MUSIC Group, Peavey In Legal Battle |
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The MUSIC Group has recently filed suit in US District Court against Peavey Electronic Corporation, alleging false advertising, false patent marking and unfair competition. The suit alleges that Peavey intentionally mislabeled its products in the US market. The MUSIC Group alleges that Peavey's products are not labeled in accordance with US patent laws and FCC regulations. |
With respect to the pro-audio and lighting industries, the company alleges that independent testing has shown a number of product sold by various manufacturers in the US market are non-compliant. |
MSE Audio Acquires Rockustics, Inc. |
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MSE Audio of Overland Park KS www.mseaudio.com has acquired Commerce CITY CO-based Rockustics, Inc. www.rockusticsinc.com, manufacturer of premium rock speaker products. Founded in 1987 by Tony Mulé, Rockustics designs and manufactures attractive, durable weatherproof speakers for residential and commercial markets. Rockustics products are designed to resemble landscaping features and are used in gardens, patios and other outdoor areas. |
Sales of Rockustics products will be managed by MSE Audio's Induction Dynamics and Phase Technology sales teams for residential customers and by the SoundTube Entertainment sales team for the commercial marketplace. |
InfoComm International Seeks Applicants For Industry Awards |
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InfoComm International is calling all applicants for its three unique awards, all of which will be presented at InfoComm 2011: Adele De Berri Pioneers of AV Award, Distinguished Achievement Award and Educator of the Year Award. What better way and place to recognize unique contributions to the AV industry? The deadline for each individual award has been extended to Monday, May 2. Application information and forms can be found at www.infocomm.org/awards. |
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Industry Mourns Sidney Harman |
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Following a life of business achievement and public service, Dr. Sidney Harman, Founder and Chairman Emeritus of the company that bears his name, died on April 12 at 92. The cause, according to a statement by the family, was complications of acute myeloid leukemia. Family members said they learned of his illness only about a month ago. Dr. Harman co-founded his business in 1953. Blending an early interest in audio and the arts with his doctoral studies in business and education, he introduced one of the first FM radio tuners and the world's first stereo receiver. This passion led to other innovations, including the early Harman-Kardon stereo systems that remain popular with enthusiasts from every generation. |
In 1977, Harman took a brief detour from his audio career to assume a post in public service as Deputy Secretary of the United States Department of Commerce. He returned to the business in 1980 and, within 15 years, had consummated a dozen new acquisitions, creating a matrix of brands. He retired from service to the company in 2008. |
InfoComm Draft Standard On Projected |
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InfoComm International’s latest draft standard, 3M-2011 Projected Image System Contrast Ratio, is open for public review and comment. The Standard provides metrics for measurement and defines minimum contrast ratios for rear- and front-projection audiovisual projected image systems. 3M-2011 Projected Image System Contrast Ratio, which applies both to permanent and to temporary installations, defines projected image system contrast ratio and its measurement.
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This Standard defines four contrast ratios based on content viewing requirements. The system contrast ratio refers to the image as it is presented to viewers in a space with ambient light. Metrics to measure and validate the defined contrast ratios are also provided. A one-page overview can be found on InfoComm's website. |
Sony Offers Earthquake, Tsunami Status Update |
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Editor's Note: We continue to monitor the unfolding developments in Japan. Previous updates appeared on March 14, March 18 and March 22. Keep checking this website for additional information as it becomes available. Please note that Sound & Communications will offer an extensive overview of the situation in our May issue.
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As also announced on March 22, manufacturing operations at certain manufacturing sites that were not directly damaged by the earthquake and tsunami have been adjusted in response to planned power outages and the availability of necessary raw materials and components. Although the situation varies according to product, Sony is responding to fluctuations in material or component supply by adjusting production levels at the five sites announced on March 22, and also at certain other domestic and overseas manufacturing sites from time to time. However, as of April 6, none of those sites has been required to suspend operations fully.
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Accent Electronic System Integrators Acquires Trinity Technology |
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Accent Electronic System Integrators, Inc., has acquired Trinity Technology of Boca Raton FL. This transaction was effective March 29. Accent is a privately held electronic system integrator, focused on providing converged audio, video, data, security and communications systems for a broad base of facilities. Trinity Technology was launched in 2006 to specialize in upscale residential and yacht installations throughout the US and abroad. The company was formed to handle the complexities involved with integrating and managing myriad technologies. |
"This acquisition complements Accent's plan for aggressive growth," explained Dan Robbins, President of Accent. "It reinforces our focus on developing and implementing solutions for complex integrated voice, data, security, sound, lighting, audio and video applications, and brings our…experience and expertise to bear for a large customer base throughout Southern Florida. This acquisition effectively accelerates our expansion plans with respect to a Southeast Florida office." |
Califone International Acquires Headphones, Headsets From Telex |
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Califone, a subsidiary of School Specialty, has reached an agreement to acquire the Discovery, Odyssey, Explorer and 610 brand names of headphones, headsets and their replaceable cords from Telex. The purchase, effective immediately, transitions the manufacturing, marketing and distribution of the product lines to fall under full Califone ownership and management. |
Considered by school resellers and educators alike to be premium lines in classrooms and libraries due to their quality and durability, they will be available in June as complements to the existing Califone line of headphones and headsets. Financial details of the transaction were not released. |
Pro Co's Debbe Stephenson To Retire |
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Debbe Stephenson, President of Pro Co, has decided to retire. After a long career with the company, Stephenson will step away from her duties at Pro Co on May 20. "I feel very comfortable with my decision, knowing that Pro Co is finally stable and in extremely good hands," she stated. According to Stephenson, the decision to retire was actually made four years earlier. She explained, "I had expressed my decision to retire to Charlie [Wicks] four years ago. |
He asked me to please stay and help him with the company as he battled his illness. After Charlie passed, I needed to stay and help Pro Co through the transition to the new ownership. Pro Co is now in great shape and headed in the right direction. I can finally pursue other goals that have been 'put on hold' for four years." |
Electrosonic Acquires Excel Media Systems Inc. |
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Electrosonic has acquired systems integrator Excel Media Systems Inc. The company will become part of Electrosonic’s corporate solutions business, offering meeting room and videoconferencing systems with full after-sales services from offices in New York City. The acquisition, the companies say, expands Electrosonic’s corporate solutions business in the New York tri-state area and allows the company to better serve its international clients with local offices. Electrosonic’s AV systems knowledge and project management expertise will ensure that Excel Media’s customers will receive service and support. |
“Both our companies have decades of systems experience. By building on our strengths, we will provide the highest value for our customers,” said Robert Menell, Founder and Owner of Excel Media, himself with more than 30 years of experience, who will continue within Electrosonic as the Director of Sales for Corporate Solutions. |
Milestone AV Technologies, Da-Lite Reach Merger Agreement |
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Milestone AV Technologies, manufacturer of Chief and Sanus brand AV mounting and display solutions, and Da-Lite Screen Company have reached a merger agreement. The combination of Milestone and Da-Lite, the companies say, will create an industry force in mounting solutions, AV furniture and projection screens across both commercial and consumer AV markets. With nearly 1000 employees worldwide and eight major operating locations around the globe, the combined business, the companies say, will be positioned to deliver customer service and product innovation. |
"We are pleased to announce the combination of these two...companies," said Scott Gill, CEO of Milestone AV Technologies. "Through the strength of this combination, we will be able to offer a more comprehensive product line to our joint customers, open up new sales channels for our brands and provide growth opportunities for our employees. We look forward to expanding our reputation...." |
Carousel Industries Acquires Juma Technology Corp. |
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Carousel Industries has completed its acquisition of Farmingdale NY-based Juma Technology Corp., an Avaya Business Partner. With the acquisition, Carousel Industries says it significantly increases its footprint to serve customers in the northeastern US, while augmenting its engineering staff with additional talent. According to Jeff Gardner, CEO of Carousel Industries, "This acquisition not only significantly expands our geographic reach in our core areas of expertise, but also increases the strength of our engineering team, since we are bringing on some extremely talented industry veterans who are very well versed in IP telephony and unified communications. |
Juma Technology established itself as a data networking solutions provider in 2002, and began designing and selling converged solutions as soon as they began to appear on the market. The company, which focuses primarily on enterprise customers, has been able to develop expertise implementing convergence solutions across a range of vertical markets, including retail, healthcare, education (K-12 and university) and financial. |
Mood Media Corp. To Acquire Muzak Holdings LLC |
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Mood Media Corp. has entered into a definitive agreement to acquire Muzak Holdings LLC , for $345 million, including net debt to be repaid on closing. Based in Fort Mill SC, Muzak is a provider of a range of products. Its background and foreground music, voice and digital offerings reach more than 100 million people every day. In 2010, Muzak had $195 million in revenue and $55 million in EBITDA. More than 75% of Muzak’s revenue is associated with multi-year customer contracts. |
According to the company, Mood Media’s acquisition of Muzak will create a global in-store media provider servicing more than 470,000 commercial locations in more than 39 countries. In the US, the combined business will serve more than 200,000 national and 100,000 franchisee locations. The combined customer base will include more than 850 US and international brands in diverse market sectors that include retail (food, fashion, cosmetics), leisure and hotels, oil and gas, telecommunications, financial institutions and fast food. Together, Mood Media and Muzak will have a music library that includes 1.7 million rights-included tracks and more than 30,000 original recordings. |
Polycom Acquires Accordent Technologies |
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Polycom, Inc. , has announced the acquisition of Accordent Technologies, Inc., a provider of video content management and delivery solutions, for about $50 million in cash. Polycom expects this acquisition to be neutral to earnings in 2011 and slightly accretive to earnings in 2012. According to the company, the acquisition positions Polycom to become a leader in the video content management and delivery market by integrating Polycom’s open standards UC Intelligent Core and UC endpoints with Accordent’s open standards video content management solution. The Accordent solution provides capture solutions for all major video use cases, whether delivering highly scalable live webcasts from the studio, providing automated rich media webcasting from the meeting or classroom, adding a streaming extension to videoconferences or enabling user-generated content from the desktop. |
According to data from market research firm Wainhouse Research, this acquisition immediately expands Polycom’s total available market by $500 million and, for this video management segment, this market is projected to generate a compounded annual growth rate of 32% through 2014 to $1.2 billion. As a strategic partner with Microsoft, Accordent strengthens and further differentiates Polycom’s deep native integration with Microsoft Lync and Sharepoint. |
JVC Confirms Safety of Employees in Japan |
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Editor's Note: We continue to monitor the unfolding developments in Japan in the wake of the disastrous earthquake and tsunami. Our first update was March 14 and our second update was March 18. Keep checking this website for additional information as it becomes available. |
JVC Kenwood Group established a response headquarters soon after the earthquake, and is continuing to confirm the safety of employee relatives whom they have been unable to contact. The company also donated 300 pieces of communication equipment—200 land mobile radios and 100 license-free transceivers—that allow people to send and receive messages without relying on public infrastructure. While the main production resources supplying JVC Professional seem essentially unaffected, there are still significant concerns. In Japan, the company is coping with projected rolling power blackouts, and transport vehicles are being used for emergency support in areas damaged by the tsunami. In addition, JVC is studying the situation of its numerous component suppliers. |
Earthquake Aftermath: Japan-Based Companies Give Updates |
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Editor's Note: Our sincere wishes go out to everyone affected by this terrible tragedy. Our first update appeared on March 14. We will be reporting any news that comes in about the developing events from Japan. |
From NEC Corporation: NEC Corporation (NEC) would like to extend its sincere sympathy and condolences to all who were personally affected by the recent earthquake and tsunami in Northern Japan.
In addition to these manufacturing sites, Sony Corporation Sendai Technology Center (Tagajyo, Miyagi) has ceased operation due to earthquake damage. While certain production sites in Japan other than those listed above have been moderately affected, there has been no report of employee injury or facility damage, and operations continue. Possible damage at other Sony Group companies in Japan is currently being reviewed. Additionally, Sony Chemical & Information Devices Corporation, Kanuma Plant (Tochigi Prefecture), Sony Energy Devices Corporation, Tochigi Plant (Tochigi Prefecture) and Sony Corporation Atsugi Technology Center (Atsugi, Kanagawa) temporarily suspended operations on a voluntary basis, to assist with the alleviation of widespread power outages.
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Stampede Enters VTC Space With Spire Global Acquisition |
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Stampede, a value-added distributor of commercial audio video solutions, has acquired Spire Global, the exclusive distributor of Sony videoconferencing products in the US. Spire is also the exclusive master distributor for Compunetix video multiparty control units and MediaPointe video streaming technology. The company also distributes Mirial desktop videoconferencing products. "Acquiring Spire was [an] opportunity to widen our product portfolio with an additional specialty that is meaningful to our dealer base," said Mark Wilkins, CEO of Stampede. "Our strategy is to look for additional acquisition opportunities that will strengthen our offering to dealers." |
Kevin Kelly, Stampede President/COO, commented, "We are excited about the Spire sales and technical team. Their depth of knowledge will help us to quickly educate the Stampede relationship managers and, in turn, our dealers. We have hundreds of accounts that will benefit from this product line right out of the gate."
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Yamaha Issues Statement About Earthquake |
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Editor's Note: Our sincere wishes go out to everyone affected by this terrible tragedy. We will be reporting any news that comes in about the developing events from Japan.
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“As far as we know, no Yamaha employees have been injured as a result of this disaster. Also, there has been no significant damage to our offices or factories. It is still too early to determine if this ongoing situation will affect shipments due to the currently unknown impact on ports, vessels and shipping lanes. We will provide additional information just as soon as it is made available to Yamaha.
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Panamax/Furman Joins Forces With LiteTouch |
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Panamax/Furman will be combining LiteTouch, a manufacturer of lighting control products, with its operations. Both companies are subsidiaries of the Home Technology Group of Linear, LLC. An industry presence for more than 35 years, Panamax delivers power management, monitoring and control solutions for professional custom electronics integrators. The Furman brand provides a range of power management solutions for musicians, audio professionals and commercial AV integrators. LiteTouch delivers lighting control solutions to be installed and custom-programmed by authorized dealers, certified installers and distributors worldwide. LiteTouch lighting control systems are engineered for both new construction and retrofit applications. |
Both companies are increasingly focused on providing energy efficiency and energy-management solutions. Panamax/Furman has integrated its BlueBOLT Technology into many of its products, making it easier for dealers and installers to control and monitor AV system power from anywhere in the world through a secure, hosted IP Web portal. LiteTouch has added DayLight Harvesting keypads to its product lineup, and the company will feature a low-voltage relay and data input port option for each of its new 2011 keypads, allowing for the local connection of motion and occupancy sensors to the system. |
D&M's Canadian Operations To New Jersey |
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D&M Canada has announced a reorganization of its business and the resultant closing of an office in Markham, Ontario, Canada, on June 30. This move serves to re-position the company's New Jersey headquarters to cover the complete North American region, including Canadian sales and operations. The reorganization will result in an undetermined number of job losses. |
Doug Griesbach, D&M Canada's President, will maintain his leadership position through the transitional period, according to the company. Following this time, Phil Bryant, a Toronto-based Sales VP, will continue managing the Denon business and will be shouldering responsibility for Boston Acoustics. Bryant will report to Phil Cohn. Meanwhile, Kevin Zarow, Sales and Marketing VP for Marantz, will oversee Marantz in Canada. Remaining in Canada will be a permanent local sales office and warehouse facility. |
Carousel Signs Letter Of Intent To Acquire OmniPresence |
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Carousel Industries, involved in data networking and unified communications, has signed a letter of intent to acquire the assets of Marlborough MA-based OmniPresence, Inc., an integrator of AV and visual collaboration services. When the acquisition is completed, the newly acquired company will form the core of Carousel's Visual Communications and Collaboration Group.
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According to The Enterprise Strategy Group, 19% of end users responding to ESG’s most recent IT Spending Intentions survey cited both Unified Communication (integrated IP telephony, voicemail, email, video, instant messaging) and Remote Meeting Solutions (videoconferencing, telepresence, web meeting) as an area for significant investment in 2011. OmniPresence, which was founded in 2002, has a customer base of approximately 2500 end users. |
Shure Inc. Acquires Informationsteknik |
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Shure Inc. has acquired Informationsteknik of Copenhagen, Denmark, a provider of discussion systems and creative audio/video communication solutions. “This acquisition is beneficial to both organizations,” stated Sandy LaMantia, Shure President/CEO. “By coming together, we will significantly strengthen both companies’ global reach and market position. We welcome all of the members of Informationsteknik and we look forward to their continued success.”
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Under a definitive agreement, Shure now owns Informationsteknik and its three divisions: The Danish Interpretation Systems (DIS) Division, which is responsible for the design, research and development, manufacturing and global distribution of DIS products; The Project Division, which is responsible for highly specialized AV systems integration and installation; and The Rental and Staging Division, which is responsible for providing creative solutions in sound and visual productions for events like corporate annual meetings, conferences, trade shows and world summits. |
Chilin Technology Develops Chilin Solutions |
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Chilin Technology announced the development of Chilin Solutions for the continued support of the global market for Chilin’s portfolio of specialty display products and solutions. Chilin Solutions will integrate Chilin Technology’s commercial LCD display group, along with Vertigo Digital Displays Inc. and Chilin’s commercial e-Paper solutions group, into one global business. Chilin Solutions will be headquartered in Portland OR, with facilities located in Tainan, Taiwan; Toronto, Canada; and Soest, Netherlands. |
Vertigo Digital Displays Inc. will become Chilin Solutions’ digital out-of-home business unit under the new organization. Chilin Technology acquired Vertigo Digital Displays, involved in the design and development of custom and ruggedized display systems for the transit, retail and digital out-of-home advertising industries, in 2009. |
Industry Mourns Kevin Collins |
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Kevin Collins, Vice President of Sales and Marketing for HB Communications, headquartered in North Haven CT, died unexpectedly on January 26, at age 53. At HB since 1987, he initially joined HB to enhance and expand sales, installation and service of large screen data and video display systems, and was instrumental in the formation and development of HB's systems integration group. He oversaw design, installation and project management of all major installations done by the company. |
“Kevin’s vibrant personality made him a valued friend and partner to so many of us in the audiovisual industry,” said Randal A. Lemke, PhD, Executive Director and CEO, InfoComm International. “He had the ability to light up a room like no other. As a past president of InfoComm [in 2002], Kevin helped build a solid foundation that has allowed the association to grow into what it is today. He lived life to its fullest and we will miss him greatly.” Collins also spent seven years on the InfoComm Board of Governors. Prior to his HB years, he was regional sales manager for GE and Barco large screen display products. |
Williams Sound Announces New Partnership |
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Williams Sound, LLC , has completed a recapitalization of the company, with financing provided by Cardinal Equity Partners, a private equity firm based in Indianapolis IN. “We are excited to partner with Cardinal Equity to achieve our shared vision of accelerating growth in our core business and to pursue new growth opportunities,” commented Paul Ingebrigtsen, President/CEO of Williams Sound. “We were attracted to Cardinal Equity partners because of their approach to long-term growth strategies, and a close cultural and philosophical fit. Cardinal brings management and financial depth to the table….” |
According to John Ackerman, Principal Partner of Cardinal Equity, “The recapitalization facilitates the liquidity needs of former shareholders and will allow us to capitalize on significant growth opportunities the management team has identified. We were attracted to Williams Sound because of its…success in the market, [a] management team who remain with the business and retain significant ownership of the company, and the…growth prospects we see for the company.”
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PSAV Chooses InfoComm For Meetings, Events Training |
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InfoComm International has been selected to provide meeting and events training for PSAV Presentation Services. InfoComm was chosen because of the association's focus on developing well-researched curricula that is practical and up-to-date. The agreement allows PSAV to train an unlimited number of employees online in InfoComm classes, including Essentials of the AV Industry, Event Set Up for AV Techs and AV Math |
"PSAV is committed to providing our employees the right training tools to expand their knowledge and execute the best possible client experiences," said Sudi Korba, vice president, Human Resources. "To accomplish this goal, we are excited to partner with InfoComm and utilize components of their…training material. By leveraging InfoComm along with our internal training, PSAV will continue to lead the AV Industry to new standards." |
USAV Group Partners with NEC Display Solutions |
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USAV Group, an association of commercial audiovisual integrators, announced that it has finalized a relationship with NEC Display Solutions, making NEC the newest USAV Group Preferred Manufacturer Partner (PMP). USAV Group now has buying programs established with 19 AV suppliers in the industry. NEC, which designs, produces and delivers visual display technology for a variety of markets, specializes in desktop LCDs, large-screen LCD displays and a line of projectors. |
“Just like our integrators, NEC is dedicated to providing solutions that increase productivity and address AV needs in a dynamic way. Having this shared vision makes NEC a [good] addition to our PMP lineup,” said USAV Group Founder and CFO Chris Whitley. “We have anxiously awaited this relationship, and we’re pleased announce that NEC will be the newest USAV Group PMP.” |
AVI-SPL Selects InfoComm For Live Events Training |
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InfoComm International, which provides training and education programs for the commercial audiovisual industry, has been selected to provide live events training for nearly 200 employees in AVI-SPL's Rental and Staging Division in the US and Mexico. InfoComm was approached by the company following positive experiences using InfoComm's curricula and instructors for training AV design and installation professionals. The agreement covers classes including Quick Start to the AV Industry Online, Principles of Tech Support Online, Essentials of AV Technology, CTS Prep Virtual Classroom, AV Math Online, Staging and Events Management and Design Online.Classes will be available in English and Spanish.
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"At AVI-SPL, we're committed to providing our clients with the highest level of technical performance," said Jennifer Schwartzberg, Training Development Manager. "In order to ensure that our team can deliver, we're continuously building upon our employee training program. Our great relationship with InfoComm led to this new installment of courses for live events and we're thrilled to begin rolling them out this year."
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Francisco Partners Completes Grass Valley Acquisition |
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Grass Valley announced that Francisco Partners, a technology-focused investment company, has completed the closing process with Technicolor and finalized the acquisition of the Grass Valley Broadcast & Professional business. As of January 1, Grass Valley began doing business as an independent company, under the trade name "Grass Valley." Terms of the sale include 100% ownership of the current Grass Valley Broadcast & Professional business. |
This includes the camera, content repurposing, editing, master control, modular, news production, production automation, production switchers, routing and video servers product lines, including their entire product portfolios, the R&D centers and factories around the world, the Sales & Systems activities and Customer Support organization worldwide, as well as the management and administrative support functions dedicated to the business.
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Troxell Communications Acquires CCS Texas |
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AEA Investors LP and Troxell Communications, Inc. , have completed the acquisition of CCS Texas (Integrated AV Systems) in Houston, Texas. CCS Texas is a $58M AV integrator serving the Texas and Louisiana markets. The acquisition is scheduled to close imminently. Mark Kalinsky, the CEO and President of CCS Texas, will remain with the business and transition to the President of the AV integration business. He will have continued responsibility for the CCS Texas business in Texas and Louisiana and will also lead the strategy and development of Troxell’s integration business nationwide. He will report directly to Greg Cessna, Troxell CEO/President. |
According to Troxell, CCS Texas is a strategically important addition to its core competencies for “accelerated learning.” It is a prominent engineering and design AV integrator in the Texas and Louisiana markets and generates more than 50% of its sales in the education market. The addition of CCS Texas, Mark Kalinsky’s leadership and his management team provide Troxell Communications with a foundation for building a national footprint for AV integration and the design and build of digital learning environments for K-12 and higher education markets. Additionally, CCS Texas has penetrated new vertical markets, such as commercial and government, and has a working knowledge in categories like interactive teaching and videoconferencing. For all these reasons, both the Troxell and CCS Texas brands will be maintained going forward.
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Yamaha Forms Strategic Alliance With Rupert Neve Designs |
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Yamaha Corporation Japan and Yamaha Commercial Audio Systems, Inc. (Buena Park CA) have formed a strategic partnership with Rupert Neve Designs, based on both parties’ involvement with VCM (Virtual Circuitry Modeling) Technology. Using VCM, an exclusive Yamaha digital technology, engineers can achieve stunning sonic and musical performance by actually modeling the individual characteristics of a multitude of parts and components contributing to the final sound of original analog circuitry. |
Rupert Neve Designs has openly embraced Yamaha VCM technology as the first digital technology that can accurately reproduce Rupert Neve’s renowned analog sound, reaffirming the Yamaha commitment to digital and that digital can sound as pleasing as analog. |
Sennheiser Reorganizes |
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The Supervisory Board of Sennheiser electronic GmbH & Co. KG (Wedemark, Germany) has adopted the company’s new global organizational structure. Three responsive “Business Divisions” designed for the target markets of “Consumer Electronics,” “Professional Systems” and “Installed Sound” will be supported by a corporate group with three divisions. “With this structure, we are implementing clear customer orientation as part of our corporate strategy and will be able to act in a more decisive and target-oriented manner in the future,“ explained Prof. Dr. Jörg Sennheiser, Chairman of the Supervisory Board. |
The managers of these units will form the new Executive Management Board (EMB) of the Sennheiser Group, with Volker Bartels as its spokesperson. |
LG Undergoes Corporate Restructuring |
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LG Electronics Inc. (Seoul, South Korea), according to a Wall Street Journal article, plans to dissolve its Business Solutions unit in 2011. In the wake of these reports, LG has confirmed that the commercial display business in the US remains intact. From a corporate structure standpoint, LG Business Solutions, now known as “LG Commercial Displays,” has been incorporated into LG’s Home Entertainment business unit. However, in the US, the Commercial Displays business will continue to operate as a separate business.
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In exclusive comments to Sound & Communications, John Taylor, Vice President, Public Affairs and Communications, said, “What this means for us in the United States is having access to some of the latest display technologies and being more responsive to our customer needs from a product standpoint. But, from an operational standpoint in the US, it’s really business as usual. The LG Commercial Displays business in the United States is operated separately here from Home Entertainment because of the unique needs of the business-to-business market. It should be seamless to our customers.” |
Group One Ltd. Appointed U.S. Distributor Of Van Damme Cables |
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Group One Ltd. has been appointed as US distributor of Van Damme Cables. Based in the United Kingdom, Van Damme Cables offers a range of cables frequently found on tours and in studios, in post and broadcast production arenas, as well as in commercial and corporate installations. “It was vital for us to find the right partners and to work with like-minded companies,” commented Van Damme Cable Managing Director Niall Holden, “so we are delighted to be working with Group One Ltd. They have a…reputation for quality and service and we are proud to be a part of it.” |
“We’ve been recommending Van Damme cable for a few years now,” remarked Group One President Jack Kelly. “Over the last year, we’ve been talking to Managing Director Niall Holden and Export Manager Andy Dennis and it just seemed the right time for all of us. It’s a very natural fit for Group One, as the variety of cable products Van Damme offers cuts across many of our activities, including broadcast/ production, touring, install, marine and music retail. I like the customer service focus of the company and I’m…happy to join the Van Damme family.” |
RHC Holding Corp. Purchases Pro Co Sound, Inc. |
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RHC Holding Corp., in conjunction with its financial partners, Midwest Mezzanine Funds and Bush O’Donnell, announced that it has signed a definitive sale agreement as of November 19, 2010, for the asset purchase of Pro Co Sound, Inc. Pro Co Sound, a Michigan-based corporation founded in 1974, designs and manufactures cable and interfacing products servicing the retail music markets as well as the commercial AV installation and broadcast industries. |
RHC Holding Corp. owns and operates six separate companies, including The RapcoHorizon Company, which services the retail music market and the commercial AV installation market, and Major Custom Cable, which services the datacom and telecommunications industries. |
InfoComm Launches GovComm 2011 Exposition and Conference |
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InfoComm International is launching GovComm 2011, a professional audiovisual and information communications exposition and conference to be held November 1 to 2, 2011, at the Walter E. Washington Convention Center in Washington DC. This two-day event is designed to serve Washington DC-area technology managers, end users and procurement officers in the government and military sectors. The event will feature exhibits, networking opportunities, education, manufacturers' training and InfoComm Certified Technology Specialist testing. |
GovComm 2011 will feature more than 100 manufacturers of digital signage, videoconferencing and telepresence, projection, display, 3D, control systems, audio and AV networking technologies. These solutions are important to supporting training, command and control, communications, presentations and other net-centric AV activities performed by the government and military. |
LG Electronics Announces BroadSign Alliance |
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LG Electronics USA has selected BroadSign International as the software provider for its newest digital signage solution, SuperSign Premier-s. The alliance with BroadSign, involved in the digital signage market with SaaS technology, makes it easier for small and medium-sized businesses (SMBs) to deploy and manage digital signage networks. LG’s SuperSign Premier provides content offerings that SMBs can use right out of the box. SuperSign Premier’s user interface (UI) is based on BroadSign’s core SaaS technology and has a customized LG UI designed for SMBs deploying networks of 25 players or less. |
The hardware package consists of an LG flat-panel display (model M4214C) and the LG NC2000 media player that provides access to content management software and starter templates, as well as news and weather feeds. |
DisplaySearch Co-Locates Conference With InfoComm 2011 |
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DisplaySearch has announced that it has partnered with InfoComm International to co-locate its 4th annual Digital Signage Conference with InfoComm 2011 in Orlando FL. The annual conference, which focuses on both the digital signage business and advanced display technologies for the segment, will be held on June 14 during InfoComm 2011 at the Orange County Convention Center. The conference will bring together display vendors, IT companies and companies already well established in out-of-home digital signage environments. |
Additionally, they will be joined by new ventures that digital displays are helping to foster. Applications to be examined include mass transit; mixed-use information and advertising signage; electronic menu boards; higher education installations; point-of-sale and dynamic signage for retail; corporate mass-communication networks; out-of-home advertising/information/security messaging; and emerging solutions for the outdoor portion of the out-of-home market. |
Haivision Acquires CoolSign |
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Haivision (Montréal, Quebec, Canada) has acquired the assets of CS Software Holdings, LLC, including the CoolSign product technology. CoolSign, a presence in the digital signage market, provides software solutions for mission-critical, enterprise-ready signage deployments. According to the companies, with CoolSign, Haivision can deliver solutions that combine intelligent video with graphics and data easily and securely to any desktop, display, digital frame and mobile device. |
“Haivision recognizes the opportunity for converging video streaming, IPTV, interactive media and digital signage,” said Mirko Wicha, President/CEO of Haivision Network Video. “We are positioned [to] deliver end-to-end technology solutions and a unified infrastructure for communications across all media delivery platforms.” |
FPS Appoints SpectraCal As Distributor October 28, 2010 |
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Flexible Picture Systems has appointed SpectraCal Sales Inc.as a distributor for its Image AnyPlace-200 high performance video and graphics scaler with Geometry Correction and Edge Blending. AnyPlace-200 provides the ability to correct off-axis projector placement of up to +/- 40 degrees horizontally and/or vertically, including projection onto curved, cylindrical, spherical and irregular surfaces. |
SpectraCal Sales is a growing sales organization that provides everything needed for optimizing video displays: the software CalMAN, a range of colorimeters and spectrophotometers for accurate color measurement, test pattern sources and an education program. |
3M Invests In Perceptive Pixel October 27, 2010 |
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3M, through its 3M New Ventures business, has invested in Perceptive Pixel Inc., a developer of multi-touch solutions that is based in New York City. Terms of the transaction remain undisclosed. Founded by Jeff Han in 2006, Perceptive Pixel is dedicated to the research, development and production of multi-touch interfaces for the knowledge worker. The company’s hardware and software products enable users to manipulate complex datasets through a new class of interface techniques. |
According to the company, the combination of its technologies with those of 3M will create new opportunities for both companies. “Perceptive Pixel has developed…technologies to enable intuitive multi-user, multi-touch interaction,” Stefan Gabriel, President, 3M New Ventures, said. “This strategic investment will create potential growth opportunities for the 3M Touch Systems business unit, stimulating future innovations in a variety of industries that use multi-touch devices.” |
Kramer Establishes Education-Targeted Group |
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Kramer Electronics has established a group devoted to the educational market within the commercial AV industry. The group will work to expand the Kramer and Sierra Video product offerings, create marketing tools to increase brand(s) awareness and develop |
They will work closely with the company’s Kramer and Sierra Video customers and factories to create new products and opportunities for the educational market. |
NSCA, USAV Group Forge Partnership October 5, 2010 |
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NSCA and USAV Group have announced an endorsement agreement |
The agreement with NSCA provides USAV Group with opportunities to offer its members access to experts on critical issues affecting the entire industry. In return, NSCA will participate in USAV Group’s regional events to inform and educate USAV Group members on business opportunities, such as mass notification and emergency communications. Many AV integrators belong to both USAV Group and NSCA; this partnership will offer additional savings exclusive to members of USAV Group. |
Richardson To Sell RFPD To Arrow Electronics October 1, 2010 |
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Richardson Electronics, Ltd., has announced the signing of a definitive agreement to sell its RF, Wireless and Power Division (RFPD) and certain other assets to Arrow Electronics, Inc., for $210 million in cash. RFPD is a global provider of engineered solutions and a global distributor of electronic components to the RF and wireless communications market and the industrial power conversion market. RFPD designs, manufactures and distributes discrete devices, |
components and assemblies used in RFand wireless infrastructure communications networks, digital broadcasting, defense applications and power conversion. RFPD generated revenue of $356 million during fiscal year 2010. |
Shure, Legislators Applaud FCC White Spaces Decision September 24, 2010 |
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Shure Inc. and a number of congressional legislators applauded a decision by the Federal Communications Commission (FCC) to protect wireless microphone users from interference from “white space devices.” The Memorandum Opinion and Order issued by the FCC reserves two TV channels nationwide for wireless microphone use. The reserved channels are off-limits to UHF Band Devices that operate in the white spaces between assigned TV stations, thus preventing them from interfering with wireless microphone signals on those channels. Large-scale users would be able to achieve extended protection for specific events through the geo-location database prescribed by the FCC in 2008. |
and CEO of Shure Inc. “The reserved channels will provide a safe harbor in which musicians, small theaters, houses of worship and businesses can operate their wireless microphone systems without interference from new TV Band Devices.” |
QSC Joins Forces with M&W Pro Audio, Ltd. September 20, 2010 |
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QSC Audio Products has announced a co-development partnership with the M&W Pro Audio, Ltd. to create a series of digital audio mixing consoles. Greg Mackie and Peter Watts are, respectively, the “M” and the “W” in the organization’s name. After retiring from Mackie Designs (now Loud Technologies) in 2003, Mackie still had a desire to create products. His longtime friend and collaborator Watts convinced him to come out of retirement in 2008 and develop the concepts for a line of digital mixing consoles. |
Watts is also an experienced pro audio veteran who has spent 35 years designing analog and digital recording consoles, including the first digitally controlled console, the Trident DiAn. |
AMX Technology Sharing Partnership With SpinetiX September 15, 2010 |
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AMX has announced a technology sharing partnership with Swiss digital signage manufacturer SpinetiX. The collaborative relationship allows both companies to leverage their areas of expertise to develop digital signage advancements. SpinetiX manufactures digital signage players, including the HMP100 Hyper Media Player. AMX is involved in engineering solutions for simplified management of AV and IT devices and networks. Together, the companies plan to create next-generation digital signage solutions that can create multi-sensory, interactive experiences for viewers. |
According to Yann Guyonvarc’h, CEO of SpinetiX, "As the digital signage market is really coming into its own, we look to deliver advances from combining the technologies that significantly impact the market and pave the way for a new generation of digital signage capabilities." |
NAD Recommends SMART Technologies Modify, Discontinue Certain Claims September 8, 2010 |
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The National Advertising Division of the Council of Better Business Bureaus has recommended that SMART Technologies Inc. modify or discontinue certain claims made for the SMARTBoard Interactive whiteboard and projector system, but determined that the company can support certain claims. NAD reviewed advertising claims that appeared in materials aimed at internal sales personnel and authorized resellers. The claims at issue were challenged by Epson America, Inc. |
NAD determined that the materials specifically identified the Epson BrightLink 450Wi by brand and model number, compared the two products in head-to-head charts and relied on these comparisons in order to demonstrate the advantages of the SMARTBoard over the BrightLink. For these reasons, NAD concluded that the advertiser’s claims were comparative claims, requiring substantiation. |
Lowell Files Complaint Against Atlas Sound August 26, 2010 |
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On June 28, Lowell Manufacturing |
“We have expended significant resources in developing our product line, including the tile speaker system, and expect competitors to respect U.S. patents,” said John Lowell, President. “Although litigation is not our preference, we remain committed to defending intellectual property rights in court when other avenues have failed.” |
AVI-SPL President Stephenie Scanlon Announces Retirement August 25, 2010 |
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AVI-SPL has announced the retirement of AV industry figure and AVI-SPL President Stephenie Scanlon. After her retirement in September, Scanlon plans to remain with the company as a consultant for special projects and initiatives. “Stephenie and I have worked closely to develop strategies that allowed for our great success at AVI and now AVI-SPL,” said Marty Schaffel, Executive Chairman. “We would never have accomplished a fraction of what we have done without Stephenie’s skills,” Schaffel added. “While Stephenie will remain active with this company in the years ahead, her daily presence will be sorely missed. |
Scanlon initially joined legacy Audio Visual Innovations (AVI) in 1986, working as a sales representative for the Rental Services division. Her role with the company quickly expanded to include systems sales, human resources, and sales and marketing management. In 1998, Scanlon launched the e-commerce and national telesales division, Projector People/AV Marketplace. |
Blackmagic Design Acquires EchoLab August 15, 2010 |
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Blackmagic Design has acquired all assets of EchoLab Inc., a designer and manufacturer of production switchers. EchoLab has been designing and building production switchers since 1974. This experience has culminated |
The ATEM production switchers will be demonstrated at the Blackmagic Design IBC 2010 booth #7.B25. |
Former MCSi Chief Pleads Guilty August 11, 2010 |
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Michael E. Peppel, who previously was top executive of audiovisual sales and services company MCSi Inc., has pleaded guilty to federal criminal felony charges resulting from the Dayton OH-area company’s 2003 implosion, according to a Dayton Daily News report. For the first time since accusations were leveled in a December 2006 federal indictment, Peppel formally admitted responsibility for deliberate criminal acts, among them approving false reports to federal regulators of MCSi’s financial results. The company’s bankruptcy, and ultimate collapse, left shareholders with valueless stock and caused about 1300 employees to lose their jobs, stock and retirement income through MCSi.
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Peppel pleaded guilty to three charges: willful false certification of a financial report by a corporate officer, money laundering and conspiracy to commit securities, mail and wire fraud. The final charge accuses Peppel of using the mail and electronic communications to file false financial reports and exchange documents supporting reports of sham transactions. Peppel’s guilty pleas resulted from a plea agreement with government prosecutors. In exchange for the guilty pleas, federal prosecutors agreed to drop the remaining 29 charges he faced. Peppel withdrew his prior pleas of not guilty to all 32 charges. |
XETA Technologies Closes Acquisition Of Pyramid Communication Services, Inc. August 4, 2010 |
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XETA Technologies, Inc. www.xeta.com, a provider of converged communications solutions for the enterprise market, has closed its previously announced acquisition of Pyramid Communication Services, Inc. www.pyramidcsi.com, a privately held provider of communications equipment, applications and related services. The acquisition of Pyramid, which has annual revenues in excess of $10 million, is expected to be accretive to earnings in fiscal 2011.
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The deal increases the depth of XETA's sales and service presence in a number of geographic markets, and enables XETA and Pyramid to expand product and service offerings to existing and new customers. |
Advanced Media Design Systems Acquired By Pro Sound, Inc. August 3, 2010 |
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Pro Sound, Inc. , has announced its acquisition of Pensacola FL-based Advanced Media Design Systems Advanced Media Design Systems Terms of the acquisition were not disclosed. The acquisition reflects Pro Sound’s continued expansion in, and commitment to, the Florida and GulfCoast market. Pro Sound, Inc. will now be able to expand efficiently and cost effectively into southern Georgia,
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Louisiana, Mississippi and the AlabamaGulfCoast, as well as the Florida panhandle. “We have had a relationship with AMDS for many years and, over time, we realized that the shared company philosophy and geographic location might be a good fit for Pro Sound,” said Rod Sintow, CEO of Pro Sound, Inc. “The new office will position Pro Sound for an increased presence in the south.” Sintow noted the office will remain based in Pensacola, and will retain its current staff, with Brian Smith continuing to lead the company as Regional Director for the GulfCoast. According to Smith, "It will be business as usual for all AMDS clients and they will continue to enjoy the same one-on-one responsiveness that they have come to expect, with the added resources [that] Pro Sound can provide." |
Francisco Partners to Acquire Grass Valley Broadcast & Professional Business July 29, 2010 |
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Francisco Partners, a San Francisco CA-based private equity firm focused on investments in technology-based companies, has made a binding offer to Technicolor for the acquisition of the Grass Valley Broadcast & Professional business activities. With nearly $5 billion of capital under management, Francisco Partners is one of the largest technology-focused private equity funds. The firm was founded to pursue structured investments in technology and technology-based companies. Francisco Partner targets investments in private companies, with transaction values ranging from $30 million to $2 billion. Since its inception, Francisco Partners has invested in excess of $4 billion of equity capital in more than 50 technology companies.
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This includes the camera, content repurposing, editing, master control, modular, news production, production automation, routing, servers, storage and switching product lines, including their entire product portfolios, the R&D centers and factories around the world, the sales and systems activities and customer support organization worldwide, as well as the management and administrative support functions dedicated to the business. This business perimeter and associated product lines for which the offer was made by Francisco Partners represent the core of what the market historically knows as GrassValley products. |
ESTA Offers Two Standards For Public Review July 26, 2010 |
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ANSI E1.8 - 2005, Entertainment Technology--Loudspeaker Enclosures Intended for Overhead Suspension—Classification, Manufacture and Structural Testing, and BSR E1.24 - 201x, Entertainment Technology - Dimensional Requirements for Stage Pin Connectors, are available for public review through September 20. The review forms and instructions for both documents, and the draft BSR E1.24 standard, are available at here. ANSI E1.8 is an existing American National Standard being considered for reaffirmation. It can be purchased from The ESTA Foundation at www.estafoundation.org/pubs.htm.
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ANSI E1.8 - 2005 is a standard for the structural integrity of loudspeaker enclosures. It is designed to ensure that flown speaker enclosures don't break and rain parts. No substantive changes are planned for the existing standard in this reaffirmation, unless comments from the public suggest that changes are warranted, in which case the standard will be revised. Reviewers also are requested to look for protected intellectual property in the documents. ESTA does not intend to adopt any standard that requires the use of protected intellectual property, unless that property is essential for technical reasons, and can be licensed and used by anyone without prejudice or preference for a “reasonable” fee. |
VITEC Multimedia Acquires Focus Enhancements Systems Group July 15, 2010 |
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VITEC Multimedia has announced the purchase of the Focus Enhancements Systems Group. With this purchase, VITEC has added video acquisition and management products to its lineup, including FS Portable DTE Recorders, ProxSys Media Asset Management solutions, media converters and OEM-ready media hardware and software. According to the company, customers can now look to VITEC throughout the entire video production process, including acquisition, conversion, image processing, MPEG compression, recording, media asset management, streaming, decoding and delivery. |
According to Philippe Wetzel, CEO of VITEC Multimedia, “In combination with our recent acquisition of Optibase, this acquisition furthers our objective to provide a complete line of advanced digital video solutions to our customers around the globe….The VITEC R&D division—now with more than 100…engineers—is…positioned to deliver…solutions for a…range of advanced digital video applications—managing the entire video process from source to display.” |
BICSI, InfoComm Sign Friendship Agreement July 12, 2010 |
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BICSI, the association supporting the information technology systems (ITS) industry with information, education and knowledge assessment, signed a friendship agreement with InfoComm International, the nonprofit association serving the professional AV communications industry. The official agreement was signed by Randal A. Lemke, PhD, Executive Director and CEO of InfoComm International, and John D. Clark Jr., CAE, Executive Director and CEO of BICSI. According to the associations, the AV communications industry and the ITS industry intersect in terms of technologies, as well as their complementary roles in the building, communications and IT industries. |
To accomplish their shared mission, and for the benefit of the associations’ members who work cooperatively on projects, InfoComm and BICSI have agreed on mutual points of reciprocity, including establishing reciprocal BICSI continuing education credit (CECs) and InfoComm Renewal Units (RUs) and continuing the current government relations cooperative activities and participation in the Green Building Technology Alliance (GBTA). Also included in this friendship agreement is a resolution to update the AV Design Reference Manual (AVDRM). BICSI believes that this relationship will enhance and expand BICSI’s dedicated outreach and also will add significantly to its programs and services. |
1394 Trade Association Releases New, Revised Specifications June 24, 2010 |
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The 1394 Trade Association issued a trio of new specifications focused on video compression, audio and music transmission, and set-top-box functionality. The Trade Association’s USA Set Top Box Test Specification Revision 1.0 defines a set of tests to verify the functionality of the 1394 interface as defined in the Federal Communications Commission (FCC) mandate for a functional 1394 interface in the STB. The standard defines a set of tests that, when executed, will verify a USA Set Top Box has correctly implemented all the required functionality. Details are available at www.1394ta.org/developers/specifications
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the 4:2:2 format of ITU-R BT.601 includes compatible extensions to the format for the higher and lower resolutions of other commonly used video resolutions over 1394. The data formats for the encapsulation of video data are compatible with those specified by IEC 61883-1. |
InfoComm Partners With PAMA, Providing Management Services June 21, 2010 |
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InfoComm International has agreed to provide association management services for the Professional Audio Manufacturers Alliance (PAMA). PAMA is the collective voice and forum for the senior executives of the leading branded manufacturers of professional audio products. InfoComm will provide general management and special services, including government relations, market research, meeting planning and more.
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InfoComm recognizes the trust PAMA has placed with the association, and has stated its dedication to helping PAMA accomplish its goal of building the public face of the audio manufacturing industry. "We have worked alongside PAMA for years and have great respect for the organization Paul Gallo has assembled," said Randal A. Lemke, PhD, Executive Director and CEO, InfoComm International. "With InfoComm-provided management services, PAMA will achieve some economies of scale and provide added value, while lifting the administrative burden from this group, allowing PAMA to fulfill its mission." |
PLASA And ESTA Vote To Merge June 4, 2010 |
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PLASA, an organization for those working in the live events, entertainment and communication industries worldwide, and ESTA, an association for the entertainment services and technology industries in North America, have voted to merge their two organizations. The announcement follows on the heels of lengthy consultations with both sets of memberships, which concluded recently in a formal vote of members—PLASA via its annual AGM, which took place on June 2 in London, and ESTA via a month-long electronic ballot, which ran throughout May. |
integrated to create a single international trade association operating under the PLASA name. The merger will effectively create the first truly international industry-wide membership body of more than 1200 manufacturers, installers, dealers, service providers and consultants working across the entertainment and installation industries. This will also include members of PERA, the former Production Equipment Rental Association, which recently merged with ESTA. |
Peavey Announces New Commercial Audio Division June 1, 2010 |
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Peavey has announced the new focus of its Commercial Audio Division, created to more efficiently manage and support the company’s established brands: MediaMatrix, Crest Audio and Architectural Acoustics. By restructuring the sales and support teams in Europe, Middle East and Africa for this new division, Peavey intends to create an identifiable and integrated group of pro audio brands with its own dedicated support staff and a clear development roadmap for the future. |
conservation," said InfoComm International Executive Director and CEO, Randal A. Lemke, PhD. "Because AV systems provide critical operational functions for the owner, an organized approach to commonly accepted planning, design and integration procedures is essential. This standard provides a practical guideline for defining the audiovisual system requirements and a clear accountability structure for the development and execution of the system design components. It provides a consistent reference for the project team, including architects and other trades, from the initial design phase through construction, project completion and building occupancy." |
ANSI Approves InfoComm AV Systems Design Standard May 26, 2010 |
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The American National Standards Institute (ANSI) and the InfoComm International Board of Directors have released InfoComm's second standard, ANSI/INFOCOMM 2M-2010 Standard Guide for Audiovisual Systems Design and Coordination Processes. The purpose of this standard is to provide a description of the methods, procedures, tasks and deliverables typically recommended or applied by professionals in audiovisual systems design and integration projects. The Standard enables clients and other design and construction team members to assess whether the responsible parties are providing the expected services. |
conservation," said InfoComm International Executive Director and CEO, Randal A. Lemke, PhD. "Because AV systems provide critical operational functions for the owner, an organized approach to commonly accepted planning, design and integration procedures is essential. This standard provides a practical guideline for defining the audiovisual system requirements and a clear accountability structure for the development and execution of the system design components. It provides a consistent reference for the project team, including architects and other trades, from the initial design phase through construction, project completion and building occupancy." |
Industry Mourns Prof. Dr. Fritz Sennheiser May 21, 2010 |
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Late during the evening of May 17, only a few days after his 98th birthday, Prof. Dr.-Ing. Fritz Sennheiser, audio pioneer and founder of today’s Sennheiser electronic GmbH & Co. KG, died. Through his company, Prof. Dr. Sennheiser had a strong influence on the development of sound transmission technologies and was instrumental in forging many developments in electroacoustics and transmission |
technologies. Under his guidance, the first shotgun microphones and open headphones were created and he oversaw important developments in wireless radio and infrared transmission. Sennheiser took time to share his knowledge with students, inspiring them with an enthusiasm for audio technology. In 1982, he retired from the management of the company, handing it over to his son, Prof. Dr. sc. techn. Jörg Sennheiser. However, he continued to take a vivid interest in the company he founded in Summer 1945. |
Industry Alliance Formed To Deliver UC Interoperability May 19, 2010 |
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Citing the need to fully leverage customers' investments in communications systems and unite their global organizations, five global technology companies have joined to form the Unified Communications Interoperability Forum (UCIF), an alliance dedicated to enabling standards-based, inter-vendor unified communications (UC) interoperability. HP, Juniper Networks, Microsoft, Logitech/LifeSize and Polycom seek to unify the UC ecosystem through this shared mission. The founding members are joined by a growing roster of member companies including Acme Packet, Aspect, AudioCodes, Broadcom, BroadSoft, Brocade, ClearOne, Jabra, Plantronics, RADVISION, Siemens Enterprise Communications and Teliris.
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The UCIF works across all unified communications modalities to deliver interoperability based on existing standards. Many enterprises are ready to deploy UC solutions but interoperability concerns have slowed implementation. UCIF-certified products will help reduce implementation risk and complexity and, as a result, grow the worldwide market.According to a February 2009 report, Forrester forecasts that the market for UC within enterprises in North America, Europe and Asia Pacific will reach $14.5 billion in 2015. The UCIF will identify common customer scenarios and leverage existing industry standards to resolve the interoperability issues that have stalled broad adoption and deployment of higher-productivity communications. The UCIF benefits member companies, as well. Now, with a multi-lateral testing resource, UCIF members can reduce the costs and complexities associated with ad hoc interoperability testing. Ultimately, this means interoperable UC solutions will reach customers more quickly. |
TC Group Americas Inc. To Distribute Audica Professional May 12, 2010 |
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Effective immediately,TC Group Americas Inc. (TCGA) is distributing Audica Professional in North, Central and South America, adding the brand to its existing portfolio of Tannoy, Lab.gruppen, TC Electronic, TC-Helicon, Dynaudio Acoustics and Linn Products. TCGA will introduce Audica Professional formally next month at InfoComm in Las Vegas. |
"America is key for most pro audio manufacturers," commented Derek West, Audica Professional's Sales and Marketing Director. "When we started the company just over three years ago, we first had to develop the European markets to take our business to a structure and turnover that would enable us to support this substantial market. Despite the economic climate, we have successfully expanded and now work with leading distributors in 38 countries, including all of the major European markets. Entering America is in itself important, but to be doing it in partnership with a true first division distributor like TCGA is very exciting." |
Electrosonic Expands Integration, Support Services with DRV Acquisition May 4, 2010 |
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Electrosonic has acquired The Multimedia Group Ltd, owners of the DRV companies—DRV Integration Ltd, one of Europe’s leading designers and integrators of corporate, medical and educational audiovisual technology, and DRV Support Ltd, a provider of multimedia managed service and maintenance solutions to organizations across the UK. According to the company, the acquisition expands the reach of Electrosonic’s audiovisual solutions and reinforces its focus on growing its service business. |
Electrosonic and DRV’s operations, over time, will be combined in a manner that strengthens existing services. Operational synergies will enable the introduction of offerings relevant to customer needs. |
IAVI Announces Acquisition of Visual Solutions Distributing, Inc. April 29, 2010 |
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IAVI, a wholesale supplier of audiovisual equipment, has entered into a definitive agreement to acquire substantial assets of Visual Solutions Distributing (VSDI), a distributor of high-tech display systems and complete audiovisual solutions. The acquired business will include the addition of experienced sales and engineering staff from VSDI to IAVI’s current certified team. The employee acquisition is intended to better serve the needs of commercial AV dealers and systems integrators seeking specialized solutions. IAVI has formed professional partnerships as direct distributors of some of the industry’s most well-known manufacturers. Product offerings include full line assortments from Sanyo, Panasonic, Mitsubishi, Barco, Sony, InFocus, LG, Viewsonic, Hitachi, Samsung and more. |
SMART Technologies Acquires NextWindow April 26, 2010 |
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SMART Technologies has acquired New Zealand-based NextWindow (Next Holdings Limited), a designer and manufacturer of optical touch technology for integration into all-in-one computers, computer displays and large-format screens. The acquisition, according to the company, reinforces SMART’s own investment in optical touch research and development, and combines the two companies’ optical touch patent portfolios. The NextWindow acquisition is expected to have minimal impact on both businesses’ day-to-day operations, offices and company structure. Both SMART and NextWindow are privately held companies. |
and other interactive displays. Its touch components are used in PCs and monitors sold by Dell, Hewlett-Packard,Lenovo, Medion, NEC, Samsung and Sony. The acquisition extends SMART’s current presence in the education, business and government sectors into the broader consumer market. SMART is also expanding its business in Asia, where NextWindow has already been active. In the past year, NextWindow has developed an Asian presence in Singapore, Taiwan and Korea. |
Avid To Acquire Euphonix April 16, 2010 |
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Avid, Irwindale CA, has entered into a definitive agreement to acquire Mountain View CA-based Euphonix, manufacturer of large-format digital audio consoles, media controllers and peripherals. With this acquisition, the company reports, Avid will deliver a broad range of audio and video control surfaces and consoles designed to meet the needs of customers ranging from the independent professional to the high-end broadcaster. Avid plans to continue to support and sell both Euphonix control surfaces and Avid’s existing ICON solution, supporting customers with investment in existing hardware. |
Chairman/CEO. “We remain committed to driving interoperability and modularity across a vast ecosystem of Avid and third-party creative hardware and software solutions. And, as audio and video workflows continue to converge, we are now well positioned to deliver control surfaces that work across both audio and video applications, making the content creation process more cost effective and efficient for our customers.” |
Digigram Appoints Point Source Audio as Master Distributor for North, South America April 14, 2010 |
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Effective May 1, 2010, Digigram’s Master Distributor for North and South America will be Point Source Audio (PSA, Novato CA). An audio equipment manufacturer with intimate knowledge and expertise of Digigram products, PSA will take over all aspects of distribution and will be the main point of contact for Digigram’s representatives and resellers. |
ensure a smooth transition and continuity of service. According to Lamb, “We are fully prepared for the transition and our goal is that there will be no disruption in sales, prices or service support for Digigram’s dealers and business partners.” |
HM Electronics To Acquire Clear-Com Communication Systems April 7, 2010 |
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HM Electronics Inc. has announced a definitive agreement to acquire Clear-Com Communication Systems, a business unit of The Vitec Group plc. Clear-Com will continue operation as a wholly owned subsidiary of HME, with no changes planned for its product portfolio or its current mission. According to the companies, combining HME’s expertise in wireless with Clear-Com’s strength in TDM Matrix and integrated IP and wireless solutions will offer an expansive selection of communication products and technology for intercom customers with different applications and system requirements. |
“After enjoying substantial growth in all our key sectors over the last decade, it was time for HME to take the next step,” said Chuck Miyahira, CEO of HME. “Clear-Com is [a well-known] brand in the mission-critical intercom marketplace, and brings [considerable] industry knowledge, innovative technology and [strong] business partnerships around the globe. This acquisition will expand the HME business in the pro audio space with a wider range of complementary communication solutions.” |
Panasonic Solutions Company Launches Operations April 1, 2010 |
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Panasonic Solutions Company has launched operations. Joseph M. Taylor, Chairman/CEO of Panasonic Corp. of North America, announced that Rance Poehler will head the newly consolidated Panasonic Solutions Company as President. The B2B-focused company will incorporate the operations of Panasonic Computer Solutions Company, Panasonic Broadcast & Television Systems Company and Panasonic Professional Display Company; it formally launched operations April 1. |
the Panasonic Solutions portfolio include Panasonic Toughbook mobile computing solutions, projectors and professional displays, and HD video acquisition and production solutions. |
Major Polycom Activity In The Offing March 30, 2010 |
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The Gores Group, a US private equity firm, is considering a merger between its unit Siemens Enterprise Communications and Polycom Inc., the Financial Times said, as reported by Reuters. According to the newspaper, Polycom's discussions with private equity firm Apax Partners, which fell through, had driven Gores to send the company's CEO, Robert Hagerty, a letter requesting a meeting to discuss a potential merger with Siemens Enterprise. On March 23, sources informed Reuters that Apax had not made an offer to buy Polycom. According to industry experts, a merger between Polycom and Siemens Enterprise potentially could cut costs and decrease the sales force. |
Tandberg to customers who desire Tandberg technology as part of their unified communications and collaboration solution, the company has forged a strategic agreement with Polycom to sell its videoconferencing products. |
Minicom Spins Out Digital Signage Division March 25, 2010 |
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Minicom Advanced Systems has announced it would spin out its digital signage division (MDS). The new company simultaneously announced it had raised $6 million to finance its operations independently. The investment, which was led by Jerusalem Venture Partners and joined by Aviv Ventures, will enable the company to broaden its platform from its new offices in Jerusalem's JVP Media Quarter. MDS is a vendor of media distribution solutions for the digital signage and digital out-of-home (DooH) marketplace.
According to MDS' CEO, Ronni Guggenheim, "This investment is the natural next step in MDS' lifecycle. |
The support of our investors positions us to explore inorganic growth options and to drive the acceleration of our product roadmap toward the establishment of MDS as a full-scale enabling platform in the digital signage market." |
Barco Buys Element Labs March 18, 2010 |
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Barco
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President/CEO, commented. “Element Labs' products in these markets have proven their worth…and [complement] Barco's more high-end-oriented market portfolio.”
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Charlie Wicks, CEO of Pro Co Sound, Passed Today March 11, 2010 |
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Charlie Wicks, CEO and Founder of Pro Co Sound, passed the morning of March 11. Wicks founded Pro Co Sound in 1974, a provider of audio interface, cables, digital snakes, distribution systems and related products through musical instrument retailers and audio installation professionals. Charlie was a hands-on professional and served as the company's product manager and developer while acting as CEO. We will provide additional information as it becomes available. |
Extron Acquires Products Division Of Electrosonic March 8, 2010 |
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Extron Electronics (Anaheim CA) has purchased the Products Engineering and Development Division of Electrosonic Group (Burbank CA), a worldwide AV systems integration and service provider. The Electrosonic Group systems integration and service business is not part of the acquisition and will continue forward as a wholly independent organization. Electrosonic's Products Division is involved with video and graphics over IP encoders and decoders, HD video players and multi-image display processors. It has been operating as a standalone division from the systems integration and service business since February 2009. The acquisition includes all current products designed and manufactured by Electrosonic as well as the IP for the underlying technology. Key staff will join Extron to support current customers and continue the development of this group of products. |
According to Andrew Edwards, President of Extron Electronics, "At Extron, we have been in development of a complete line of AV streaming products for over three years and will be announcing additional streaming solutions later this year. We see the Electrosonic products as a great complement to our continually evolving product line."
Jim Bowie, President of Electrosonic Group, added: "These current products have developed to the point that we as a systems integrator cannot take them to their full potential. Extron is exactly the right company to take these products forward worldwide. Electrosonic can now concentrate on its main business activity: the design, supply and support of audiovisual systems." |
UnitedScreens Media Acquires KLOTZ DIGITAL March 5, 2010 |
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KLOTZ DIGITAL AG has been acquired by UnitedScreens Media AG. In association with the acquisition, the companies also have entered into agreements securing the future financial support of KLOTZ DIGITAL AG. The agreements are intended to contribute to the long-term stabilization of the company, and to ensure its economic growth. Dr. Andreas Gruettner has been appointed as the KLOTZ DIGITAL AG CEO. He is taking over from Thomas Klotz, who has resigned from his position with immediate effect. |
Gruettner has been acting as an independent entrepreneur, investing his own private equity, since 1993. Throughout the years, he has acquired some 18 companies, and has taken a multitude of interim management positions. At present, Gruettner is a member of the supervisory board of Gebrueder Rhodius GmbH & Co. KG, a German company with a turnover of €100 million per year and a staff of 400. |
FCC Extends Wireless Mic Comment Period February 19, 2010 |
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The Federal Communications Commission (FCC) has extended the deadline for public comments relating to proposed changes in wireless microphone licensing rules. The comment period, which would have expired on February 22, now closes March 1. The Commission determined that the public interest would be served by a brief extension of time in which to file comments, due to the extensive adverse weather conditions that affected the Washington DC, area and surrounding regions in recent weeks. |
The original 30-day comment period was the minimum time required under the Communications Act of 1996. The comment period begins when an FCC action is published in the Federal Register, but can be extended under special circumstances. |
DSE To Fund The Digital Signage Federation February 18, 2010 |
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The digital signage industry is soon to have a new trade association, The Digital Signage Federation. Digital Signage Expo |
Along with other member benefits still being finalized, the Digital Signage Federation will provide a year-round education program for members and a full program of member services, featuring a vertical industry outreach program to bring the digital signage industry’s message to thousands of end users in 2011. Professional association management will support the new Federation and funds will be provided to make projects immediately actionable. DSE has agreed to foot the bill without reimbursement, to create a member-owned forum in which industry leadership can come to the fore. |
Sony Electronics Acquires Convergent Media Systems February 1, 2010 |
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Sony Electronics Inc. (Tokyo, Japan) acquired Convergent Media Systems (Alpharetta GA), a provider of video integration solutions to the enterprise market, on January 27. The company has established itself as an expert in digital signage and content distribution systems and will be integrated as a subsidiary into Sony Electronics' broadcast and professional products business. According to John Scarcella, President of Sony's Broadcast and Business Solutions Co., the acquisition of Convergent is a “key building block” of Sony's worldwide business-to-business strategy to accelerate its shift into a solutions-focused organization. Sony will leverage Convergent's resources to provide end-to-end systems solutions and managed services in new and existing professional markets. “With Convergent, we can install and integrate [high-quality technology] together with providing content creation, monitoring and distribution services.” he stated. The addition of Convergent's resources, including its approximately 150 full-time employees in North America, its network of field service affiliates |
and a network operations center, will support Sony's sales and marketing efforts for its key technologies. This acquisition is also expected to strengthen Sony's competitive position in new areas of business, such as providing products and services to corporate, education and government markets, where Convergent already reaches more than one million people. In exclusive comments to Sound & Communications, Alec Shapiro, Senior VP, Sales and Marketing, Sony Electronics, Broadcast and Production Group, confirmed that there are no immediate plans to restructure either company’s operations or management, and no plans to move Convergent employees to Sony’s Park Ridge NJ location. Shapiro stated, “Sony’s goal is still to work closely with all our systems integrators and other resellers. In recent years, we have expanded our capabilities to include end-to-end solutions, and we’ve been the single point of contact and accountability, or prime contractor, on many solutions-based projects, in traditional broadcast or other markets. We’ve teamed with many of our SI partners on the integration and installation of these systems.” Shapiro continued, “We don’t plan to change this strategy. The addition of Convergent simply lets us branch out into new applications in digital signage networks, content distribution, asset management and service monitoring. At the same time, we'll still bring in other SIs when it makes sense for the overall project and the customer’s needs.” |
FCC Rules: Wireless Mics Must Vacate 700MHz Band January 19, 2010 |
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Wireless microphones are going to have to vacate the 700MHz band, following a recent Federal Communications Commission (FCC) ruling. The Commission has voted to proscribe the sale and distribution of devices, principally wireless microphones, that have been operating in the band. The FCC has allotted a few months—until June 12, 2010—for current users of the offending devices—to vacate the band. However, such users have to get off immediately if it is discovered they are interfering with public safety or commercial users. |
“Complying with this firm date will still be challenging for some users, but we remain committed to making the transition as easy as possible for them under the circumstances. It’s time for one final push to prevent interference with the new users of the spectrum.” Shure has not sold equipment operating in the 700MHz band since 2007, although many of these units remain in service. |
Midas And Klark Teknik Join BEHRINGER Parent Group December 9, 2009 |
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The MUSIC Group (Hamilton, Bermuda) has signed a deal to acquire the Midas and Klark Teknik brands from Bosch Communications Systems (Fairport NY). The MUSIC Group owns the BEHRINGER brand as well as a number of other associated companies and is managed by Uli Behringer and Michael Deeb. The sale of Midas and Klark Teknik is part of an asset deal that was signed on December 8. The sale is subject to regulatory approval and the terms have not been disclosed. |
employees currently working at Midas and Klark Teknik. These brands will continue to operate independently with the added resources of the MUSIC Group. |