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BUSINESS (Seite 114)

BUSINESS

Christie Digital Acquires Assets Of Brass Roots Technologies

May 17, 2022 by Dave Haynes

Christie Digital Systems has acquired the assets of the Texas technology firm Brass Roots Technologies, picking up its IP and talent in the areas of advanced optics and electronics for high-performance display and imaging systems. Employees now work for Christie, but operations will remain in Allen, TX, working under the Christie name. “The purchase of …

Pandemic Was, Weirdly, Best Of Times For Display Industry, While Recovery Is Worst Of Times: DSCC

May 17, 2022 by Dave Haynes

The digital display industry finds itself in this weird circumstance, says supply chain analyst Ross Young, in which the 2020-2021 pandemic period was actually pretty good, and now, as the recovery ramps up and inflation is rising, prices are down and the outlook is shaky. Display Supply Chain Consulting’s Young made that observation in a …

Longtime Intel Digital Signage Lead Jose Avalos Launches IT Service Spin-Out

May 12, 2022 by Dave Haynes

It’s not really digital signage, but long-timers in this industry might be curious about what Jose Avalos is up to, now that he has left his long-running gig as the main guy at Intel on the digital signage file. Avalos is now Co-Founder, CEO & Chief Revenue Officer of an Intel spinoff called AustinGIS – …

Peerless-AV Broadens Custom LED Mounting Capabilities Via Acquisition Of ADF Visual Display Products

May 11, 2022 by Dave Haynes

Chicago-based display technology manufacturer Peerless-AV has broadened its display mounting capabilities into custom LED work, through the acquisition of the southern California firm ADF Visual Display Products. ADF has specialized in engineering and then building some of the more high profile and challenging direct view LED deployment jobs out there. The company has been acting …

Reflective LCD Start-Up Azumo Gets $30M In New Backing For Expansion, R&D

May 10, 2022 by Dave Haynes

The Chicago display start-up Azumo just got a vote of confidence from investors, securing $30 million in new financing to drive international expansion, increase manufacturing capabilities and launch new products that use its low-power reflective LCD technology. Azumo’s core product is sunlight-readable, reflective “LCD 2.0” technology that it says can reduce LCD power consumption by as much …

PPDS (Philips) Makes Senior Management Changes; Defines Three Global Heads Of “Strategic Pillars”

May 9, 2022 by Dave Haynes

PPDS – the company that markets Philips digital signage, interactive displays, direct view LED and pro TV products and solutions – has announced a major management re-org just ahead of ISE, the big pro AV trade show this week in Barcelona. General Manager Chris Colpaert has left PPDS after about four years, and three PPDS …

Grocery TV Gets $30M In New VC Funding; Will Soon Be In 3,000 Stores In US

May 6, 2022 by Dave Haynes

The screens in the checkout lane retail media model mostly escapes me, because consumers are pretty much done shopping at that point, but an Austin, Texas-based firm has nonetheless secured $30M in new investment funding to continue building out its retail digital signage network, called Grocery TV. The new money is on top of $5 …

Ocean Outdoor Agrees To Takeover By Largest Current Shareholder

May 5, 2022 by Dave Haynes

The UK-based OOH/DOOH media firm Ocean Outdoor has agreed to a $580 million takeover bid by its largest current shareholder. The deal attaches to a new company formed by shareholder Atairos Group, with Ocean Outdoor shareholders getting an 18% premium to the company’s cash price of $8.85 in mid-April, when Ocean went into talks with …

Reflect Founder Schmitt, COO Sanders Move On In Wake Of CRI Merger

May 3, 2022 by Dave Haynes

It looks like the inevitable shakeout has now happened in the wake of Reflect Systems merging and being rolled into Creative Realities, with Linkedin notifications popping up that show President and Founder Matt Schmitt has left the blended company, along with COO Bob Sanders. Schmitt left after 20+ years with Reflect back in February, while …

Last Week’s NAB Show Pulls 52K+ Attendees; Hints At What We Might See With InfoComm In June

April 29, 2022 by Dave Haynes

Integrated Systems Europe is coming up shortly in Spain and InfoComm is just a few weeks later in las Vegas, so trade shows this spring that attract some of the same exhibitors and attendees offer clues as to what might happen when the giant scissors come out and the exhibit halls open for those big …

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