STRATACACHE owner and CEO Chris Riegel is continuing his affection for finding mothballed technology facilities, presumably at very good rates, and reviving them as active operations for his group of digital signage-focused companies. […]
Digital signage and AV nerds who do ops and events may want to make a calendar note to check in on an auction set for Nov. 17-19 organized to sell off the physical assets of Toronto’s Westbury National Show Systems Ltd. […]
The joint venture tie-up between Sharp Corporation and NEC Corporation has now been formalized, with the new company to be known from now on as Sharp NEC Display Solutions Ltd. (or SNDS). The JV is the result, from months ago, of Sharp acquiring 66% of shares for NEC Display Solutions Ltd. Sharp is owned by Taiwan’s Hon Hai Precision, aka Foxconn. […]
The Audiovisual and Integrated Experience Association (AVIXA) has published its latest monthly Pro AV Business Index, with the numbers unsurprisingly showing that sales and employment numbers are less than stellar. The index tracks trends for both sales and hiring, with the core number being 50. A number over 50 indicates an uptick, and below 50 means a decrease. […]
Dayton, Ohio-based digital signage solutions company STRATACACHE has bagged and closed a massive deal that sees it providing software, hardware and services to three of the larger QSR chains in North America, The deal involves more than 40,000 screens at Burger King, Tim Hortons and Popeyes locations in Canada and the U.S. […]
People who genuinely know the display industry, and how it works, would have looked at the big announcements about plans for a huge LCD display plant in Wisconsin, and thought, “Yeah, that dog don’t hunt.” It appears they were right. The much-touted Gen 10.5 LCD factory that Foxconn said it was going to build in Mount Pleasant, Wisconsin appears to have hit the skids. […]
LA-based digital signage CMS software firm Enplug has joined a list of big name tech companies in a joint letter to the U.S. House of Congress seeking patent reforms. […]
The Dutch digital signage CMS software firm NDS (Net Display Systems B.V.) has merged with a longtime partner, France’s LCS, to go after the smart building market. The French partner of NDS for more than 20 years, LCS has been developing and marketing a software platform for Smart Digital Building management, called Crystal, since 2017. […]
The managed services firm Velocity has gone into one of the vertical markets it serves by acquiring the small, grocery-focused Digital OOH ad network Impax Media. A Montreal company that bubbled up about five years ago, Impax does in-store advertising to shoppers at the checkout aisles at 49 grocery stores in the New York City area. […]
Overall entries are up 15% for the global Digital Signage Awards 2021, which has now closed submissions. Entries from North America are up just over 20%. […]
COVID-19 has killed more than a million people globally, and it has also taken out companies of all sizes. One of the latest casualties is Westbury National Show Systems, one of the largest pro AV integrators in Canada. The Toronto-area company was placed in receivership on October 9 on application by its banker, BMO, saying Westbury owed approximately $10.1 million. […]
A Feb. 2022 trial date has now been been set for a set of former founders and key executives of Outcome Health, the Chicago digital out of home media company. Rishi Shah, Shradha Agarwal and two other top execs at the company, which had its start as Context Media, are accused to defrauding investors of several hundred million dollars. The trial is scheduled for Feb. […]
I wrote back in July about Mood Media heading into the Chapter 11 Bankruptcy process, and kinda thought, well that’s the end of that. Wrong. The company went in and out of that process quickly and is now actively saying it is looking to BUY other companies. […]
Chicago-based in-store digital start-up Cooler Screens has closed a $80 million Series C funding round intended to expand the footprint of its product, which to their ever-lasting credit actually aligns with its name. The company does LCD displays in cooler doors in chain grocery and drug stores. […]
A well-established name in the North American digital signage and AV market is going away, taking on the name of its UK-based masters in a brand unification exercise. Buffalo, NY-based pro AV distribution company Stampede will operate in North America as Exertis. […]
