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Archive of the Mergers and Acquisitions Category

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

Sennheiser Canada Announces a Landmark Partnership with TELUS

telus_logo.JPGMontréal, Canada, November 2010: Sennheiser Canada, leading purveyor of high-end professional and consumer audio products, announces its partnership with TELUS, one of Canada’s leading mobile telecommunications providers, to sell Sennheiser EZX 60 Bluetooth(r) headsets and MM 50iP stereo headsets in its 1,200 stores across the nation. Launched on November 1, 2010, this breakthrough partnership, spearheaded by Michael Wyman of Sennheiser Canada’s Communications Division, is to give TELUS customers ready access to Sennheiser’s superior headset fidelity and state-of-the-art noise and echo cancellation technologies.

The two initial Sennheiser products chosen by TELUS represent the company’s core technologies and superior performance. The Sennheiser EZX 60 is a monaural, behind-the-ear Bluetooth headset. It features advanced digital noise and echo cancellation, easy call control, lightweight comfort, and long talk time. While the Sennheiser MM 50iP is aimed at iPhone users, it is also compatible with other smartphones, offering more

SENSIO Technologies Acquires Algolith’s Intellectual Property and Secures Integration of Key Employees

SENSIO Augments Its IP Portfolio and Qualified Personnel, Strengthening Its Offering in 3D Image-Processing Solutions more

RHC HOLDING CORP. PURCHASES PROCO SOUND, INC.

JACKSON, MO, NOVEMBER 23, 2010 ― RHC Holding Corp, in conjunction with their financial partners, Midwest Mezzanine Funds and Bush O’Donnell, announced today that they have signed a definitive sale agreement as of November 19, 2010 for the asset purchase of ProCo Sound, Inc. more

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Related Topics: Cables, Mergers and Acquisitions, News |

Prism Sound Group Acquires Business Assets of Imerge Ltd

The Prism Sound group is pleased to announce that it has purchased certain assets of Imerge Ltd, the award-winning home media server business formerly affiliated with Linear LLC of Carlsbad, California, USA.

Imerge® brands will continue with current production as well as new product development under the ownership of Prism Sound. Customer support will be maintained for all former customers of Imerge Ltd, including OEM partners Elan, Speakercraft, Xantech and Revox. Prism Sound has retained key members of the former Imerge team in research and development, production, customer support and sales, while finance and marketing will be resourced from the Prism Sound team.

Ian Dennis, Chief Technical Officer at Prism Sound, comments “Imerge is a fine example of outstanding technical innovation in the UK and we are proud to take over the baton. We will be concentrating on maintaining the impressive record Imerge has built with innovation 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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