REVOLABS TO BE ACQUIRED BY YAMAHA
Revolabs (Sudbury MA) has entered into a definitive agreement to be acquired by Yamaha Corporation (Buena Park CA). Yamaha has also been developing, manufacturing and selling voice communication devices and professional audio equipment for the expanding audio equipment market for years, the company stated, and added that the sharing of product lines, technology, know-how and sales networks of both companies will enable the Yamaha Group to provide high-quality solutions for the diversifying needs of the market. 

“With the market for conference room equipment expected to expand worldwide, I am extremely happy to welcome Revolabs—a company that has earned a high level of trust from customers and grown rapidly in this market—as a member of the Yamaha Group,” said Takuya Nakata, President of Yamaha Corporation. “Revolabs’ ethos of creating products that provide value for customers with strong technical capabilities as a base meshes well with the Yamaha Group’s corporate philosophy. By combining Revolabs’ wireless microphone systems and wireless conference phones with Yamaha's voice communication devices and professional audio equipment, we expect to be able to create even more appealing solutions for our customers. In the future, we aim to accelerate our progress in expanding sales in the electronics business domain, one of the goals announced in the Yamaha Management Plan 2016, our medium-term management plan, by combining the technology and know-how of both companies.”
Revolabs will operate as a wholly owned subsidiary of Yamaha Corporation and execute on its existing roadmap with the current management team. The transaction is expected to be completed by the end of March 2014 after receipt of customary regulatory approvals. Moelis & Company acted as the exclusive financial advisor and Latham & Watkins LLP acted as legal advisor to Revolabs in connection with the transaction. 

“Since we started the company in 2005, Revolabs has shown an ability to innovate and bring exciting products to the market,” said Jean-Pierre Carney, CEO/Founder. “We’ve grown a strong team, have an exciting roadmap with industry-leading technology and were already on track to more than double our revenues this year. Taking advantage of the strengths of the two companies will make our solutions stronger and expand our reach around the globe. There are a lot of great synergies between Yamaha and Revolabs, and our customers will receive the most benefit from this merger.”

This follows Yamaha’s acquisition of Line 6, announced in NEWSLETTER, January 2014.

CLEARONE ACQUIRES SABINE
ClearOne, Inc. (Salt Lake City UT), has acquired Sabine, Inc., a professional wireless microphone solutions supplier, offering the company exclusive access to the wireless microphones that are a critical component of ClearOne’s microphone portfolio. Under the terms of the transaction, ClearOne will pay about $7.5 million in cash and $1.5 million in ClearOne shares. In addition, ClearOne will assume and pay off Sabine’s debt of $1.25 million and make earn-out payments over the next three years, based on achievement of certain performance criteria.

According to the company, Sabine has partnered successfully with ClearOne since late 2012, supplying the wireless microphone systems sold under the ClearOne brand. These microphones complement ClearOne’s CONVERGE Pro and INTERACT Pro products, driving sales of the company’s broader product line.
“The wireless microphone product has performed well and has driven sales across our Pro portfolio since its introduction more than a year ago,” said Zee Hakimoglu, ClearOne Chairman/CEO. “This strategic acquisition is critical to solidifying our leadership position in this high-growth market and positions us for accelerated development of installed audio and visual collaboration solutions.”

“We look forward to combining resources with ClearOne to offer a complete portfolio of professional products to a global customer base,” said Doran Oster, Founder/CEO of Sabine, Inc. “We are pleased to join a company with a track record that reflects our shared vision for product innovation and quality.” ClearOne expects to maintain Sabine operations at its current headquarters in Alachua FL.

Belden To Acquire Grass Valley
Dolby Laboratories, Inc. (San Francisco CA), has signed a definitive agreement to acquire Doremi Labs (Burbank CA), provider of digital cinema video playback solutions. Together with Dolby’s Atmos object-based sound platform, Dolby and Doremi will enable exhibitors and content creators to redefine the movie experience for audiences worldwide. Dolby is acquiring Doremi for $92.5 million in cash plus an additional $20 million in contingent consideration that may be earned over a four-year period. The acquisition is subject to customary closing conditions, including review by US and international regulators. Depending on these conditions, the transaction is anticipated to close by the end of 2014. The impact of the acquisition on fiscal year 2014 revenue and non-GAAP results is not expected to be material.
“Dolby and Doremi Labs have complementary technology expertise and solutions,” said Kevin Yeaman, President/CEO, Dolby Laboratories. “Together, we’ll be able to advance the pace of innovation and create the kind of cinematic experiences that drive movie attendance for our exhibitor partners.”

“For more than 40 years, Dolby’s technology has offered storytellers the tools and technology to express their visions in new ways,” said Camille Rizko, Founder/President, Doremi Labs. “But more importantly, Dolby shares our commitment to working closely with exhibitors to bring amazing experiences to moviegoers.”

AdvertisementSony

Multiviewer Magic 2.0 Debuts at NAB

New Multiviewer Magic 2.0 from Ensemble Designs debuts at NAB. The new operator control mode, full screen pop, alarms, and timers and the make the Avenue Multiviewer the right choice for your control room, remote truck or boardroom. The Avenue Multiviewer delivers stunning detail and is super straight-forward to setup.

Come try brand new tools for editing, including paint brush and eye dropper, letting you configure your Multiviewer screen quickly and intuitively. Labels, audio meters, GPIs and tally are setup with a web browser on your computer or iPad.

For your complete signal processing chain, put Multiviewers, SPGs, sync changeover, logo inserters, upconverters, routers and keyers in the same Avenue frame. Ensemble’s signal processing equipment is used in television stations and video facilities worldwide. Demos at Ensemble Designs' NAB booth N2524.




WIRELESS RONIN TO MERGE WITH BROADCAST INTERNATIONAL
Wireless Ronin Technologies, Inc. (Minneapolis MN), a digital marketing technologies solutions provider, has entered into a definitive agreement to merge with Broadcast International (Salt Lake City UT), a provider of digital media and broadcast solutions. Under the terms of the all-stock transaction, Broadcast International shareholders and other security holders will receive about 36.5% of the outstanding shares of Wireless Ronin common stock calculated on a modified fully-diluted basis. They currently expect the merger to close in Q2/14. The closing is subject to certain conditions, including the acquisition of required consents, the approval from the shareholders of Broadcast International, and other customary conditions.
Broadcast International brings to Wireless Ronin more than 20 years of experience delivering enterprise-scale digital signage solutions for large organizations, such as Caterpillar and Washington Trust Bank. Broadcast’s Managed Media Services (MMS) platform is a unified multichannel solution that allows global enterprises to centrally manage and deploy digital media assets, including signage, posters, video and music. The platform leverages Broadcast’s CodecSys software, a multi-codec video compression technology that reduces video bandwidth requirements and provides significant performance benefits. Broadcast’s digital signage solutions use CodecSys to optimize content delivery, thereby providing end users high quality video content across minimal bandwidth.

Broadcast also licenses a range of point solutions that, in addition to CodecSys, includes its Messaging and Music On Hold (MMOH) technology that allows companies to customize on-hold music, as well as broadcast promotions and important information to its customers. Wireless Ronin believes that CodecSys, MMOH and other Broadcast products will provide new licensing and revenue streams for the combined company. “Adding Broadcast’s technology to our RoninCast content management system creates what we believe will be the most comprehensive, synergistic offering in the digital signage industry,” said Scott Koller, Wireless Ronin President/CEO. “Wireless Ronin brings to the table customer omnichannel marketing capabilities, which can be sold into Broadcast’s customer base and sales pipeline along with other extended solutions and services.”

Koller and SVP/CFO Darin McAreavey will lead the combined company, and expect Broadcast Director Don Harris will join the board of directors upon closing.


Sony

Who Says It’s Not Rocket Science?

Project bright, consistent, high-contrast 4K images with flexible installation and exceptional operating versatility. Building on Sony’s acclaimed 4K digital cinema technology, the SRX-T615 has been specially optimized for use in a wide range of industrial visualization and simulation applications.
Detail-packed 4K resolution plus very high brightness, color accuracy, uniformity and contrast make the SRX-T615 ideal for automotive and manufacturing design. It’s also ideally suited to the creation of high-impact visual projections at theme parks, museums, planetariums and other visitor attractions. Offering a high 18,000 lumen brightness, the SRX-T615 projects ultra-high resolution images with a native resolution of 4096 x 2160 pixels. With four times more detail than Full HD, it’s easy to resolve the finest on-screen details. Evolved from digital cinema technology, the uprated 4K optical engine delivers an industry-leading contrast ratio of 12,000:1 for incredibly bright, punchy images with immense dynamic range. A choice of lens options allows the projector to be configured rapidly for smooth, flicker-free 3D projection that’s uniquely easy on the eye. Edge Blending allows easy creation of even larger, panoramic images. Reduced running costs are enabled by the innovative multi-lamp array, with six HPM sources in individual cartridges making lamp replacement easier and safer.




ERGOTRON RECALLS INTERACTIVE WALL MOUNTS
Ergotron, Inc. (St Paul MN), has recalled more than 215,000 television wall mounts (about 195,000 in the United States, 60 in Canada and 21,000 in Mexico) sold between February 2012 through January 2013. A weld between the VESA-style mounting plates and the mounting ring can fail, according to the Consumer Product Safety Commission. Announced in late January, the recall involves eight models imported from China: PLAY40, PLAY40DS, PLAY70, ITV-HD, ITV-VHD, OM80FM, OBFM120 and OBFM60. Model numbers can be found on the underside of the arms of the PLAY and ITV models, and the date code label for the OM80FM, OBFM120 and OBFM60 models is printed on the front surface of the wall mount bracket. The company has received three reports of the monitor plate separating from the wall mount system. Users are advised to remove the television or monitor from the wall mount and contact Ergotron for a free repair kit at 800.888.8458 or www.ergotron.com (click on Recall Information at the bottom right footer of the home page for more information).

ELECTROSONIC CELEBRATES ITS 50TH ANNIVERSARY
March 2014 marks Electrosonic‘s 50th anniversary. The company started In 1964 with two rooms in London’s Greenwich vegetable market. Five decades later, it is an international, multi-million dollar business with headquarters in Burbank CA, and offices worldwide. According to the company, its story is complex but in many ways parallels the history of audiovisual technology, and provides a window into how the industry and its services and products have changed.

Founded by Denis Naisbitt, Michael Ray and Robert Simpson, the company opened with the strapline, “Electronic Control and Audio Systems. ” From the start, it combined the manufacturing and selling of products with the building of complete engineered systems. Key product categories included electronic lighting control, multi-image slide projection and videowalls. The product and systems portions of the business continued together through 2010, when the products side of the business, which by then represented a small portion of overall revenue, was sold.

“The 50-year anniversary marks an important milestone for the company as we look back on our incredible heritage of talent and accomplishments. Electrosonic is continually investing in new generations of talented staff through mentoring and education as we continue to push the limits of what AV technology can do,” said Jim Bowie, President of Electrosonic Group. “A key element of Electrosonic’s success, and one that we are very proud of, is our long and enduring relationship with designers, suppliers and customers.” The company has released a book about its history, “Electrosonic–50 Years on the Audio-Visual Frontline,” written by cofounder Robert Simpson.

Electrosonic has carried out many projects all around the world, from multi-image spectaculars in 1970s Iran and the world’s biggest videowall in Seville in 1992, to massive projection displays at EXPO 2010 in Shanghai.

Electrosonic was often leading the way in applying new technology, whether it was pushing 70mm film to the limit, implementing multi-channel dynamic sound systems, or achieving huge 3D images with the latest electronic projectors.

Electrosonic‘s business today serves three market sectors, each of which is treated on a global basis. The largest is Entertainment, followed by Corporate and Control Rooms. Beyond system engineering, Electrosonic also offers ancillary services, including support services, managed services and technical design consulting. For more information, go to www.electrosonic.com.

 

 

NEWSLETTER

MANAGE YOUR EMAIL SUBSCRIPTION TO OUR NEWSLETTER HERE

thumbSound & Communications NEWSLETTER, Internet Edition, is self-managing and conforms to anti-spam agreements and policies worldwide.

If for any reason you can not reach the management links above or encounter any problems managing your email address, please contact John Carr at jcarr@testa.com and the issue will be resolved.

Click here if you wish to "Opt-out" of ALL eNewsletters, including ConventionTV, CTV, InfoCommTV News and M&SR's Vnewsletter.