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16:9: Bankruptcy File On DSE Says No Money Available To Pay Creditors

Now that the dust has kinda settled on the news a week ago that the live events company behind Digital Signage Expo had entered bankruptcy proceedings and the show was dead, the business realities are growing more apparent. There will be no show in November – after the show was postponed from the end of Q1 to Q2 and then ultimately to Q4. […]

sixteen-nine.net
Tue, Sep 29, 2020 at 11:37 PM

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16:9: UPshow Closes $14M Series A Raise To Grow Its “In-Venue Engagement” Business

The Chicago-based, gyms and bars-focused digital signage solutions start-up UPshow has closed a  $14 million Series A funding round the firm will use to build out its business and installed footprint. […]

sixteen-nine.net
Tue, Sep 29, 2020 at 8:53 AM

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16:9: Spectrio Acquires Rival Digital Signage Solutions Provider Industry Weapon

Tampa-based solutions provider Spectrio has acquired Industry Weapon, a digital signage solutions firm based in Pittsburgh. “Industry Weapon has been a leader in the digital signage space throughout its history, and we are excited to blend their industry experience and strategic communications background with Spectrio’s,” says Dax Brady-Sheehan, Spectrio’s CEO, in PR. […]

sixteen-nine.net
Sun, Sep 27, 2020 at 5:52 PM

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16:9: Digital Signage Tech Provider RMG Networks Changes Name To Korbyt, Aligning Brand With Core Product

RMG Networks has re-branded itself to align the company name and core product – with RMG people now known as Korbyt people. “Customers already know us for Korbyt. […]

sixteen-nine.net
Wed, Sep 23, 2020 at 8:18 AM

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16:9: Digital Signage Expo (DSE) Owners Enter Chapter 7 Bankruptcy Process

Exponation, the company that started and run Digital Signage Expo since the mid-2000s, has entered bankruptcy proceedings. The company sent out word via longtime PR/marketing head Geri Wolff this morning that it has filed for Chapter 7 Bankruptcy, which is described as a liquidation of all assets and permanent closure of the company. […]

sixteen-nine.net
Mon, Sep 21, 2020 at 11:32 PM

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16:9: Digital signage software maker RMG hires on Silicon Valley vet Ahlowalia as new sales-focused CEO

Dallas-based digital signage CMS firm RMG Networks has a new CEO – a Silicon Valley software sales veteran whose most recent gig involved secured ID technology. RMG hired on Ankur Ahlowalia, who based on Linkedin seems to have been in the role for a couple of months. Says the PR: Ahlowalia previously served as Chief Revenue Officer at SecureAuth, a provider of security identity software. […]

sixteen-nine.net
Thu, Sep 10, 2020 at 8:50 AM

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16:9: Canada’s Media Resources Acquires Irvin In U.S. Expansion Bid For LED Sign Provider

The LED-centric sign company Media Resources, based in the greater Toronto area, has acquired a U.S. firm, Irvin, in a push to expand its presence south of the border. […]

sixteen-nine.net
Wed, Sep 9, 2020 at 8:21 AM

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EMEA Pro Av Market Expected To Be Off In 2020 By 9%: AVIXA

The pro AV trade association AVIXA suggests business in Europe, Middle East, and Africa (EMEA) will fall off by roughly $9 billion by the time this nutty year closes. […]

sixteen-nine.net
Thu, Sep 3, 2020 at 8:50 AM

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16:9: Display Manufacturer Prysm Goes Chapter 11; Collaboration SW Arm Sold Off

Via Inavate The Silicon Valley tech company Prysm has filed for chapter 11 bankruptcy, selling off the collaboration software software and handing over other assets to Kuwaiti backers. […]

sixteen-nine.net
Sun, Aug 30, 2020 at 5:25 PM

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16:9: D3, Southpaw Live Merge Their LED Businesses

A pair of well-established direct view LED companies have merged, creating what they’re touting as a “powerful mix of the best minds in LED engineering,” developing a proprietary American product line. The merger is between Texas-based Southpaw Live and California-based D3 LED. […]

sixteen-nine.net
Tue, Aug 25, 2020 at 9:59 AM

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16:9: New AVIXA Research Suggests Pro AV Business Starting To Come Back, Despite COVID-19

The pro AV-focused trade association AVIXA’s research team has pushed out new business indicators that, for the first time in months, show things on an upswing. Says the new AVIXA business index: We have a long road ahead, but pro AV sales are growing once again. This month, the AV sales index (AVI-S) reached 53.7, indicating growth for the first time since February. […]

sixteen-nine.net
Fri, Aug 14, 2020 at 8:17 AM

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16:9: Four Winds Acquires UK-based Workplace Comms Software Firm SmartSpace

Denver-based Four Winds Interactive has acquired SmartSpace Global, a UK company focused on workplace communications software. […]

sixteen-nine.net
Thu, Aug 13, 2020 at 10:39 AM

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16:9: Hivestack Gets $10M Infusion From Quebec Gov’t Investment Wing

Montreal-based Hivestack, which has a platform for programmatic digital out-of-home (DOOH) advertising, has done $10 million equity funding with an investment arm of the provincial government, Investissement Québec (IQ). The funding enables Hivestack to expand its workforce locally and globally, with a focus on R&D. […]

sixteen-nine.net
Tue, Aug 11, 2020 at 12:11 AM

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16:9: Pro AV Revenues Forecast To Drop $7B In Americas In 2020; But Bounce Back In 2021-22

AVIXA, aka the Audiovisual and Integrated Experience Association, is forecasting a $7 billion hit to pro AV revenues in the Americas in 2020, dropping 8% from 2019. The trade association’s new 2020 AV Industry Outlook and Trends Analysis (IOTA) Americas Summary expects revenues to drop from $93B to $86B this year, but rebound in 2021 and be at $95B in 2022. It will be at $108B in 2025. […]

sixteen-nine.net
Thu, Aug 6, 2020 at 7:20 PM

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16:9: COVID-19, Slowed Economies Force Layoffs At AVIXA

The pro AV trade association AVIXA has sent and also published a letter to members announcing staff layoffs – an unfortunate by-product of COVID-19 and the temporary end of trade shows, as we know them. The association, based outside of Washington, DC, told members: Due to the pandemic and the dramatic impacts to our industry, AVIXA has completed a strategic realignment of the organization. […]

sixteen-nine.net
Wed, Aug 5, 2020 at 11:31 PM

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