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Archive of the Mergers and Acquisitions Category

SIM Digital Acquires Master Key Post

Los Angeles, CA – SIM Digital announced today that it has acquired the finishing division of Master Key, a Los Angeles-based post-production house. The acquisition comes on the heel of last week’s announcement of the company’s name change from Sim Video to SIM Digital.

Known primarily as a camera rental house, the company made headlines when it acquired Bling Digital in 2009 to bolster its off-line editorial business and add file-based digital dailies to its range of services. Explained SIM Chief Strategy Officer, James Martin, “With both the Master Key and Bling Digital acquisitions, SIM places itself in a position where we can offer our clients a complete package of services, from the camera all the way to a color-corrected master for broadcast.”

As part of the deal, Master Key co-owner, Elan Dassani, will join SIM Digital as its new Vice-President of Bling Finishing Services. Also joining the SIM Digital team will be renowned colorist, Chris Jacobson as the company’s new Vice President of Creative Services.

“We looked hard at the existing post business models out there, and merging with a progressive company like SIM Digital made complete sense to us,” said Dassani. “Our clients can now work with a company that can handle all of its production and post production needs, resulting in greater cost incentives.”

That sentiment is echoed by John DeBoer, COO of SIM Digital: “With SIM Digital and our Bling Digital division, we currently supply camera, on-set data management, digital dailies [with a high-speed data-pipeline to remote editorial staff], Avid and FCP system rentals and now, with the acquisition of Master Key, conform and color-correction services – one company handling all the data from beginning to end,”

SIM Digital CEO, Rob Sim noted, “This is a very exciting time for our company. In August, our CTO, Chris Parker will move to our Los Angeles office to oversee and manage our post services division with Elan. I’m very proud of our company as it continues to re-invent itself to create better workflow models for our clients in a constantly changing digital environment.”

The new finishing division will be located at the company’s Los Angeles facility in Hollywood. SIM Digital will promote this recent acquisition at Cine Gear. SIM Digital will host an after-show party during Cine Gear, on June 2nd, at their Hollywood location.

About SIM Digital:

With offices across Canada, the USA and China, SIM Digital is a world class rental facility specializing in digital production equipment and workflow services. SIM offers one of the largest and most diverse inventories of the latest digital cinematography tools from top manufacturers including ARRI, Sony, RED, Panasonic, Canon, Fujinon, Angenieux, Zeiss, Cooke. The company’s services continue to grow through its highly innovative Bling Digital division which offers expert workflow solutions including on-set data management, video assist, digital dailies, LTO tape archiving and post-production equipment for digitally acquired productions.

About Master Key:

Master Key Post is a boutique facility offering expert post and finishing services. The company boasts a specialized staff, high-end editorial rooms and a state-of-the-art coloring bay to provide services including conform, color, titling, and mastering.

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VITEC GROUP ACQUIRES CAMERA CORPS AND EXPANDS REMOTE, SPECIALTY CAMERA SOLUTIONS FOR VITEC SERVICES DIVISION

BURBANK, CA, APRIL 11, 2012—Vitec Group Services Division, the leader in providing the highest quality broadcast equipment and engineering support for the most demanding broadcast and media productions, is pleased to announce the addition of U.K.-based Camera Corps Ltd. to its roster of broadcast solutions providers as part of the Vitec Group’s recent acquisition of the company. more

Penn-Elccom announces distribution deal with FANE loudspeakers

NAMM 2012  : Penn – Elcom (www.penn-elcom.com)   announces their exclusive distribution deal partnership with renowned UK loudspeaker manufacture FANE (fane-international.com) . Launched at NAMM 2012, Fane’s legendary line of Pro-Audio and premium Musical Instrument loudspeakers will now be available for the first time to OEM and retail customers in North America from Penn – Elcom, well known case and speaker cabinet parts manufacture.  Along with the distribution deal announcement, Penn – Elcom announces the appointment of David Logan (david.logan@penn-elcom.com)  as North America Sales Manager for Fane loudspeakers.  Fane has enjoyed historic success in Europe with it’s quality hand-made speakers since 1958.

SurgeX Selected as Exclusive Power Management Brand for Azione Unlimited

As a preferred vendor, SurgeX brings energy intelligence and advanced power management to a growing community consumer electronic dealers, custom retailers and integrators.

Zebulon, NC – March 29, 2012 – SurgeX, the leader in surge elimination and energy intelligence, is proud to announce their availability to Azione Unlimited’s dealer network, as the group’s exclusive power management solution. As a result of this partnership, SurgeX brings their patented Advanced Series Mode® surge elimination and smart power management technology to the Azione Unlimited community.

“Having worked very successfully with Richard in the past, we’re excited to be working with him again at Azione. His stellar reputation for providing products that dealers can build a business around helps create a solid bond between manufacturers and vendors,” stated Rick Komendera, SurgeX vice president of sales. “By making all SurgeX power solutions available to the Azione Unlimited network, we are equipping members with profitable, long-term solutions that include smart power management, cutting-edge diagnostics, monitoring and applications support; all of which has the potential to add incredible value to the bottom line.”

“Azione vendors receive value through marketing, dealer interaction and idea sharing, all fundamental building blocks of a successful buying group,” said Richard Glikes, president. “We are proud to have SurgeX as our power management partner because they offer a full suite of innovative smart energy solutions for electrical panels and AC racks right on down to single outlets.”

SurgeX offers a complete line of AC power solutions for protection, power conditioning, and control of sensitive electrical and electronic equipment, especially today’s DSP and microprocessor-based equipment. SurgeX products are designed to suit every application and are offered in stand-alone, rack-mount, and NEMA enclosures.
Consumer electronics dealers, custom retailers and AV installers interested in offering their customers the smart energy intelligence and advanced surge protection should contact their SurgeX representative for further information.

To learn more about SurgeX, please visit www.surgex.com.

About SurgeX
SurgeX is the leading energy intelligence company and proud manufacturer of AC power conditioning and surge elimination product. Offering a complete line of AC power solutions for protection, power conditioning, and control of sensitive electrical and electronic equipment, Surge’s patented Advanced Series Mode® protection technology is the only product line in the market that absorbs and eliminates surges without the use of sacrificial components, ground or common mode contamination. SurgeX technology is A-1-1 Certified, is completely non-sacrificial, and protects AV equipment from AC surges and electrical transients that can disrupt sound quality and digital performance.

SurgeX is owned and operated by Electronic Systems Protection, Inc. All products are manufactured in Zebulon, North Carolina, are, and are backed by a best in class 11 year warranty. Visit http://www.surgex.com for further company and product information.

DVEO Purchases Assets of Linear Systems, Ltd.

San Diego, California — DVEO, the broadcast division of Computer Modules, Inc. (CMI), announced today that they have purchased the assets of their long-time supplier, Linear Systems, Ltd. of Winnipeg, Canada.

Linear Systems, DVEO’s long-term supplier of PCIe and PCI interface cards for DVB-ASI and SDI, decided to close their business in late April. Linear Systems designed, manufactured, and supported the products with a top-notch set of engineers.

DVEO has acquired Linear Systems’ technology assets, including designs, manufacturing rights, source code, and PCB (printed circuit board) layouts, etc. DVEO will continue to manage sales and tech support of products formerly manufactured by Linear.

“Ultimately we are actively looking for a third party to take over the manufacturing and support for this product line,” stated Laszlo Zoltan, Sales Manager for DVEO. “We are already in discussions with several companies. In parallel we expect to more

CRESTRON SELECTS CLEAR-COM FOR INTEGRATED INTERCOM AUTOMATION

Partnership Enhances Automation Devices with Digital Intercom Functionality

ALAMEDA, CA, JUNE 29, 2011 ─ Clear-Com®, a global leader in critical voice communication systems, is pleased to announce that Crestron Electronics, a leading provider of automation systems, has chosen Clear-Com’s popular intercom matrix to be integrated with Creston’s touchpanels and control solutions. By embedding the Eclipse Digital Matrix module into Crestron’s automation devices, the company’s control systems will be optimized for managing voice communication capabilities. more

Middle Atlantic Products Acquisition Complete

––Middle Atlantic established as new division; plans for continued focus on full spectrum of AV installations.

West Hartford, CT, June 10, 2011 – Legrand, North America has completed its acquisition of Middle Atlantic Products Inc. which now becomes the company’s new Commercial A/V division focused on AV products and solutions for commercial, residential, security and broadcast applications.
The Acquisition enables a more comprehensive offering of AV infrastructure products and solutions from one company to ultimately better service the needs of the growing AV markets.
“The Middle Atlantic brand, operations, and services are continuing as they always have, so our customers can continue to expect the exceptional experience we work hard to deliver every day,? said Mike Baker, Middle Atlantic President and now also President of Legrand’s Commercial A/V division. “Now that we have the backing and support of a global company, we will be able to consider new more

Legrand to Acquire Middle Atlantic Products

–Acquisition would enable a more comprehensive offering of AV infrastructure products and solutions from one company to ultimately better service the needs of the growing AV markets.–

West Hartford, CT, May 23, 2011 – Legrand, North America today announced that a definitive agreement has been signed to acquire Middle Atlantic Products, Inc., a company based in New Jersey specializing in AV products and solutions for commercial, residential, security and broadcast applications. 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.
Powerful trends continue to drive market growth for integrated AV systems and supporting infrastructure. A prime example is the increasing use of audio and video in venues such as airports, schools, retail, hospitals and corporate facilities.
With this acquisition of more

Stampede Enters Video Conferencing Space with Spire Global Acquisition

Addition of Sony Video Conferencing to Enhance Stampede’s Offering to Dealers

Amherst, NY, March 14, 2011 — Stampede, the leading value-added distributor of professional audio video (ProAV) solutions, has acquired Spire Global, the exclusive distributor of Sony video conferencing products in the United States. Spire is also the exclusive master distributor for Compunetix video multiparty control units and MediaPointe video streaming technology. The company also distributes Mirial desktop video conferencing products.
“Acquiring Spire was a great 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 and 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, more

Panamax/Furman Joins Forces With LiteTouch(R)

PETALUMA, Calif. — March 10, 2011 — Panamax/Furman today announced that the company will be combining LiteTouch(R), a leading manufacturer of lighting control products, with its operations. Both companies are subsidiaries of the Home Technology Group of Linear, LLC. 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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