Canadian AV and collaboration company Genesis Integration Inc. has acquired Audability Inc., including its Sono Video offices in Quebec, as of Oct. 16, 2017. This gives Genesis Integration 10 location across Canada. “This is all about synergy, with both Genesis and Audability bringing different skillsets and experiences. This will propel us forward to become a much […]
AVI Systems announced its plans to acquire Dascom Systems Group, a full-service integrator of IPTV services, including IP networking, video, applications and integration. AVI Systems will operate the company as Dascom Systems Group from its Saint Paul, Minnesota location, and will retain all employees. “We have been interested in Dascom for many years,” says AVI […]
Coretronic of Taiwan, one of the largest projector manufacturers in the world, has completed the acquisition of Calibre, a privately held British image processing technology manufacturer based in Bradford, Yorkshire, UK. The acquisition of Calibre expands Coretronic’s technology capability by the addition of Calibre’s range of HQUltra image processing technology and in-house R&D capabilities. Coretronic […]
Savant has announced today the acquisition of Artison, an audio products manufacturer based in Minden, Nev. that builds whole-house audio and home theater solutions. The acquisition enables Savant to leverage Artison’s key patents and audio engineering expertise toward future entertainment technologies. Artison was founded by acclaimed engineer Cary Christie in 2003 and has focused in the architectural loudspeaker and subwoofer categories. Artison […]
Semtech Corporation, a supplier of analog, mixed-signal semiconductors and algorithms, today announced the signing of a definitive agreement to acquire AptoVision Technologies Inc., a privately-held provider of uncompressed, zero-frame latency, Video over IP solutions addressing the exciting Pro AV market. The acquisition is expected to add over 30 employees based in Montreal. AptoVision CEO Kamran Ahmed will join Semtech reporting to Gary […]
Legrand announced the acquisition of Milestone AV early this morning but the rumors of a Milestone AV purchase had been flying for weeks. (Here’s a link to our breaking news story.) There was no question they were selling, but this is a merger of two giant, awesome companies. I can see nothing but fantastic things […]
Legrand (parent company for Middle Atlantic, Luxul, ON-Q and Vantage) today announced that it has signed a definitive agreement to acquire Milestone AV Technologies, the parent company of AV brands including Da-Lite, Vaddio, Sanus, Projecta and Chief, which makes projector mounts, projection screens, PTZ cameras, equipment racks and AV furniture for both the HomeAV and […]
Vanco International just acquired Beale Street Audio and, effective immediately, industry distributors can place orders for the entire line of Beale Street Audio products. “Beale Street Audio was a vibrant brand that brought a lot of energy to the architectural audio market by introducing real innovation into a category that needed something fresh. At Vanco, we are committed to […]
Ford Audio-Video Systems, LLC (Ford), a national AV integrator that specializes in enterprise level audio visual systems integration and collaboration solutions, announced today the acquisition of Audio Video Resources (AVR) based in Phoenix, AZ. The acquisition will enhance Ford’s service capabilities in Phoenix as well as its ability to provide award-winning design and technical installation throughout the western United States. […]
Prysm today announced it has completed the acquisition of Kaybus, Inc, a creator of secure, cloud-based knowledge automation software, adding more enterprise-grade enhancements for Prysm Application Suite. Integration of the Kaybus development team and technology into Prysm Application Suite is already underway. A wide range of mission-critical enhancements from the acquisition are expected to benefit end users and application administrators across four key […]
Samsung Electronics Friday announced it has completed the previously announced acquisition of Harman International. Under the terms of the merger agreement, HARMAN stockholders will receive $112.00 per share in cash. The completion follows the satisfaction of all conditions to the closing of the transaction, including approval of the transaction by HARMAN stockholders and receipt of […]
Control4 announced today that it has acquired Triad Speakers, a manufacturer of advanced audio technology with customizable speaker-solutions. Triad, a 30-year old company, manufactures high-quality, built-to-order premium audio speakers to meet the discerning demands of homeowners – for home theaters, family rooms, whole-home or multi-room audio, as well as for outdoor environments. The acquisition of […]
Kramer has announced this week the acquisition of iRule, a cloud-based control and automation software for commercial and residential markets. In 2014, Kramer announced a partnership with iRule to deliver “the ultimate control and automation technology” — Kramer Control. The Kramer Control platform enables integrators to deliver control of lighting, HVAC, communications, A/V and more […]
All the biggest stories of 2016 in the AV integration space had to do with acquisition. The latest round of which relayed that Samsung bought Harman Group, AVI-SPL bought Anderson AV, and Compass Group bought Waveguide. Well the AV prognosticators are already out in force predicting the future and they see more of this consolidation […]
Waveguide, one of the AV industry’s top-five design consulting firms headed up by Scott Walker, just announced that on December 1, 2016, Waveguide merged with the Compass Group USA and Flik Hospitality. Compass Group USA is based in Charlotte, N.C., and with $16 billion in revenues in 2016, is the leading American foodservice management and […]
SnapAV announced this week that it has purchased Autonomic, a manufacturer of music streaming and multi-room audio distribution solutions for the custom install market. Autonomic “makes the consumption of digital media easier” for customers by offering a distributed audio system that’s controllable with iOS and Android devices or via a control system. SnapAV distributes audiovisual […]
So, it’s been almost a week and, since then, I’ve reached out to a number of former Harman execs, insiders at Harman and industry gurus that know much more than me about mergers and acquisitions — all in pursuit of finding out what Samsung is going to do with the various Harman brands. Here’s what […]
Click here to see Gary Kayye’s thoughts about this acquisition. Samsung Electronics and Harman International today announced that they have entered into a definitive agreement under which Samsung will acquire HARMAN for $112.00 per share in cash, or total equity value of approximately $8.0 billion. Upon closing, the transaction will immediately give Samsung a significant […]
L-Acoustics announced the acquisition of CAMCO, the manufacturer of amplified controllers, DSP and audio network solutions for the professional audio industry. CAMCO has over 25 years of experience developing amplified controller technology and holds several patents in the trade. Based in Wenden, Germany, CAMCO counts 50 employees and distributes its products in 60 countries around […]
A Chinese company called LeEco (sort of a Netflix of China), just agreed to buy VIZIO for a little over $2 Billion. This is HUGE news as VIZIO is currently the second largest TV manufacturer in the world, behind Samsung, and they are one of the only profitable TV manufacturers in the world. The combined […]
Polycom said today that it plans to end its merger agreement with technology company Mitel and will instead be purchased by private equity company Siris Capital Group for $2 billion. Siris offered $12.50 per share, which is an approximate 14 percent premium over Mitel’s offer, which included both cash and stock. Siris’ offer is a […]
Kingswood Capital Management, an operationally focused middle market private equity investment firm, has announced that its controlled affiliate has acquired AVAD, LLC, as well as its subsidiary, AVAD Canada Ltd. AVAD is a distributor of high-end audio and video solutions focused on the commercial and residential custom installation markets in North America, with more than […]
Stampede announced that its European subsidiary Stampede Europe has acquired all of the assets of Just Lamps, including the affiliated brand Diamond Lamps. “This acquisition should serve as a model for the entire 21st century ProAV industry,” declared Stampede CEO Mark Wilkins. “It brings together two companies that possess market leadership, proven business models, subject […]
Richard Stokes, managing director of the $19 billion private equity investment firm H.I.G Capital says, “AVI-SPL is the established market leader in the AV systems and collaboration solutions market and we look forward to supporting the continued expansion of the company’s service offering and geographic footprint.” Today the EMEA part of AVI-SPL’s geographic footprint includes […]
Foxconn, who made AV news last month by buying SHARP, just announced they are acquiring SMART Technologies. The deal is that Foxconn will buy SMART (who is traded on the NASDAQ as SMT) for US$4.50 per share. SMART is currently trading at only at $0.42 per share. The US$4.50 per Common Share purchase price represents […]
A little over a month after announcing it is acquiring certain assets and assuming certain liabilities of International Audio Visual Inc. (IAVI), Almo Professional A/V today reported that the transition has been completed. As a result, Almo Corporation is now the largest privately-held professional audio video distributor in the industry and a $1.2B corporation. It […]
Bowers & Wilkins, the British audio brand founded in Sussex, England, in 1966, has been acquired by Silicon Valley based EVA Automation Inc. Bowers & Wilkins is a maker of high-end audio equipment. EVA Automation will integrate fully with Bowers &Wilkins’ acoustic engineering prowess by offering innovative A/V technologies and product vision that will enable […]
Barco has purchased Florida-based Medialon. Medialon is known as a control system company that’s 100 percent cloud-based. “For us, Barco has the piece we were missing — a sales channel,” Medialon North American Sales Manager, Eric Cantrell, told rAVe today. He continued, “It’s been an interesting several months. We are profitable and this gives Barco […]
H.I.G. Capital (H.I.G.), a private equity investment firm with $19 billion of equity capital under management,has acquired AVI-SPL, Inc. AVI-SPL, as you well know, is the industry’s largest commercial AV integrator. Some background that no one else covering this story seems to mention is that AVI-SPL was already partially owned by another private equity company, […]
Legrand has signed a definitive agreement to acquire Luxul Wireless, an IP networking provider for professionally-installed, custom integration systems for residential and small-to-medium business (SMB) markets. Luxul, along with Pakedge that was acquired by Control4 earlier this year, are one of only two networking companies that specialized in routers and switches specifically for ProAV and […]
Today, Cisco announced its intent to acquire Acano Limited, a privately held company based in London that provides collaboration infrastructure and conferencing software. Acano’s hardware and software includes gateways, and video and audio bridging technology that allows customers to connect video systems from multiple vendors across both cloud and hybrid environments. This acquisition will help […]
Christie today announced the acquisition of Allure Global Solutions, Inc. (Allure), an engagement and transaction technologies provider, as well as all of its products and services. The firm is headquartered in Atlanta, and will operate as “Allure, a Christie Company.” Allure provides digital signage, point-of-sale and consumer engagement solutions, in the form of products and […]
