M&A: Digital Jukebox/DOOH Network AMI Changes Financial Backers December 19, 2022 by Super User The digital jukebox and digital OOH media firm AMI Entertainment Network (or AMI) has exchanged financial backers, with the LA-based private equity firm Coral Tree Partners buying into from the investment firm The Gores Group. Started in 1909 under the name National Automatic Music Co., AMI has, of course, evolved through the years and now …
Exertis Almo Bulks Up Managed Services Via Acquisition Of Engineering/Drafting Firm Caddrillion December 12, 2022 by Super User The big pro AV and technology distributor Exertis Almo has taken the interesting step of acquiring a Baltimore-area company that specializes in engineering, drafting and programming resources for technology integrators and consultants. The Philly-area company has reached an agreement to acquire certain assets of Caddrillion Engineering & Drafting, with the deal being effective at the …
Daktronics CEO: Working To Remove “Going Concern” Qualifying Language ASAP December 12, 2022 by Super User I had a listen to the now-completed investor call for Daktronics, based on its quarterly results release and on the heels of news that the big LED manufacturer delayed its earnings report and had to issue a statement about its financial viability. The call – which included statements by CEO Reece Kurtenbach – was in …
Signagelive Partners With EyeQuant On AI-Driven Creative Optimization Toolset December 12, 2022 by Super User I always thought artificial intelligence and machine learning-based computer vision platforms were more interesting for analyzing how people really view digital signage messaging than the endless pitching of this technology as a way to serve ads in real-time based on the estimate of the profile, and even the emotions, of the viewer. AI-driven, camera-based audience …
Daktronics CEO Says Company Endured Perfect Storm Last Two Years, But Business Skies Seem To Now Be Clearing December 12, 2022 by Super User The CEO of Daktronics says a “perfect storm” of COVID-era lockdowns and shuttered economies, followed rapidly by huge supply chain issues, has forced the LED manufacturer to rethink operations and find ways to improve cash flow. The South Dakota company is one of the most well-established manufacturers in LED displays and one of few not …
Business Viability Of LED Display Manufacturer Daktronics A “Going Concern” December 12, 2022 by Super User One of the most established and successful names in the LED display business is facing serious financial issues, with South Dakota-based Daktronics filing paperwork with the SEC that says its business viability is a going concern. That “going concern” is raised when a company’s continuing ability to keep the lights on and the production line …
Pickcel Develops On-Screen Promotions, Booking Capability For Emerging “Salon Suite” Industry December 1, 2022 by Super User The Indian CMS software company Pickcel has developed an interesting application aimed at what it says is a new spin on wellness and beauty salons – suites in the U.S. and Canada that are licensed to a single specialist. The company has developed a custom solution for My Salon Suite, a franchise operator that has …
This Week’s Podcast Delayed, But Now Getting Edited November 30, 2022 by Super User I wanted to use the audio from the Mergers and Acquisitions roundtable that was run just ahead of the annual mixer we did two weeks ago at DSE in Las Vegas. Some 125 people came early to catch the panel, and the feedback was uniformly positive – probably because I was too busy to moderate …
Massive New Saudi “Aerotropolis” Will Likely Be Using A Lot Of Digital Signage, But Not For A Few Years November 28, 2022 by Super User If your digital signage company is comfortable chasing opportunities that could take years to close, and probably involve a lot of paperwork and different kinds of negotiations, a massive new airport in the money-is-no-real-barrier land of Saudi Arabia may intrigue you. The Saudi government today announced plans for what will be called King Salman International …
Partnership With SignageOS Almost Doubles Sony’s CMS Platform Ecosystem November 23, 2022 by Super User Sony has become a very different player in the digital signage since it brought on some people very familiar, experienced and connected in the sector – Rich Ventura first, then Jay Leedy and probably some others I am forgetting (SORRY!) Before they got involved, I could not name a mainstream CMS partner working with Sony, …
