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Archive of the Mergers and Acquisitions Category

VTG HOLDINGS INC. (THE RAPCOHORIZON COMPANY) SOLD TO RHC MANAGEMENT IN PARTNERSHIP WITH EQUITY INVESTMENT GROUPS

March 31, 2008 – The RapcoHorizon Company, a whole owned subsidiary of VTG Holdings Inc., announced today that they have signed a definitive sale agreement as of February 29th, 2008, with RHC management, in conjunction with Midwest Mezzanine Funds, and Busch O’Donnell Capitol Partners, both equity investment groups, for the sale of the company’s stock and assets. The terms of the agreement were not disclosed. VTG Holdings Inc., stock and all assets have transferred to the newly formed RHC Holding Corporation. The RapcoHorizon Company, www.rapcohorizon.com, is a market leader in audio, video and data cable manufacturing for the audio retail, A/V installation, Home Theater, and Datacom markets. RHC Holding Corp. provides interconnectivity products with revenues exceeding $65 million annually. more

Broadcast International Announces IPTV/Digital Signage Customer for Breakthrough CodecSys

Italian InStore Communications Leader, SkyRec, to Deploy Private IPTV Network to Hundreds of McDonald‘s Restaurants Throughout Italy Using CodecSys
Mobile World Congress 2008
BARCELONA, Spain–(BUSINESS WIRE)–Broadcast International (OTCBB: BCST) (“BI”) announced a European IPTV/digital signage customer for its breakthrough video compression software, CodecSys. more

Atlas and IED Merger Announced

PHOENIX, AZ, November 5, 2007–Loyd Ivey and Hardy Martin are pleased to announce the merger of their two companies, Atlas Sound, founded in 1934, and Innovative Electronic Designs (IED), founded in 1978. more

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AMX Acquires UK-Based ProCon Technology

RICHARDSON, Texas – Oct. 2, 2007 – AMX® announced today that it has acquired ProCon Technology, a UK-based manufacturer of audio/video (A/V) switching and control equipment. With this acquisition, AMX‘s product portfolio will include a new line up of configurable control keypad systems, switchers and distribution amplifiers specifically designed to simplify the way people interact with, and use, A/V equipment in simpler, single-room environments. more

Phoenix Gold Corporate Identity Renamed Rodin

Portland, Ore., Sept. 6, 2007 — One year after an investment group PHX AP Acquisitions purchased Phoenix Gold International, the new management team has renamed the parent company Rodin effective immediately. Individual brand names Phoenix Gold, AudioSource, and Carver remain unchanged.

“Since the acquisition last year, we have taken the Phoenix Gold, AudioSource, and Carver brands in new and exciting directions, so it was only right that our overall corporate identity change with the times,” explained Tom O‘Mara, president of Rodin and part of the investment team that acquired Phoenix Gold Int‘l in July 2006. “Our new company is completely focused on our home brands‘ efforts in the custom installation business, as well as bringing the Phoenix Gold car audio division back to prosperity. We believe with our product offerings in the speakers, amplifiers, and accessories categories that we now provide complete solutions for dealers, distributors, and the CI market.” more

AVAD Rocks with Rockustics

America‘s Leading Distributor of Custom Home Electronics adds Innovative Manufacturer of Rock-Like Outdoor Speakers to Roster of Best Brands

Van Nuys, Calif.–August 6, 2007–AVAD LLC, America‘s leading distributor of custom home electronics, announced today that the company has entered into a distribution agreement with Rockustics Inc., providers of high-fidelity, all-weather outdoor speakers for both home and commercial applications. more

CHRISTIE ACQUIRES VISTA SYSTEMS

Synergies Create Complete and Most Advanced Image Presentation and Processing Solutions

CYPRESS, CA – (July 9, 2007) – Christie, a global leader in visual solutions for entertainment, business and industry, announced today that it has acquired Vista Controls Systems (Vista), makers of the world’s most powerful video processing systems, including the acclaimed Vista Spyder. more

Verbatim Acquires SmartDisk External Hard Disk Drive and Digital Imaging Business Assets

Verbatim Corporation and its parent company Mitsubishi Kagaku Media (MKM), announced the purchase of substantially all of the assets of SmartDisk® Corporation‘s external hard drive (HD) and digital imaging business. The acquisition, which includes physical assets, patents, trademarks, technology, engineering and marketing expertise, was effective on June 30, 2007. The purchase price has not been disclosed. more

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The Road to InfoComm 2007 Podcast: Mike White

Listen in as Sound & Video Contractor Editor Michael Goldman talks with Mike White, CTS, CEO of Multi-Media Solutions and governor-at-large for the InfoComm Board of Governors, about the convergence between IT and the AV industry today and how that relationship is working to create a fully integrated world click here

Telecorps and Wexler Join Forces to Ease Risk for U.S. Stations Transitioning to HD

BURBANK, Calif. — April 6, 2007 – In a move to help U.S. broadcasters making the transition to HD television, Telecorps Communications and Wexler Video are launching a new division that allows station groups and affiliated stations to obtain the equipment they need while minimizing capital expenditures, technology risk, and maintenance staff. more

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Stay up to date on the latest technology news. Select press representatives post company news several times a day. Check back often to get the latest news on product releases, mergers and acquisitions, and product applications. To be included in this virtual press conference, please contact The Wire.

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