Grocery TV Gets $30M In New VC Funding; Will Soon Be In 3,000 Stores In US May 6, 2022 by Super User The screens in the checkout lane retail media model mostly escapes me, because consumers are pretty much done shopping at that point, but an Austin, Texas-based firm has nonetheless secured $30M in new investment funding to continue building out its retail digital signage network, called Grocery TV. The new money is on top of $5 …
Ocean Outdoor Agrees To Takeover By Largest Current Shareholder May 5, 2022 by Super User The UK-based OOH/DOOH media firm Ocean Outdoor has agreed to a $580 million takeover bid by its largest current shareholder. The deal attaches to a new company formed by shareholder Atairos Group, with Ocean Outdoor shareholders getting an 18% premium to the company’s cash price of $8.85 in mid-April, when Ocean went into talks with …
Reflect Founder Schmitt, COO Sanders Move On In Wake Of CRI Merger May 3, 2022 by Super User It looks like the inevitable shakeout has now happened in the wake of Reflect Systems merging and being rolled into Creative Realities, with Linkedin notifications popping up that show President and Founder Matt Schmitt has left the blended company, along with COO Bob Sanders. Schmitt left after 20+ years with Reflect back in February, while …
Last Week’s NAB Show Pulls 52K+ Attendees; Hints At What We Might See With InfoComm In June April 29, 2022 by Super User Integrated Systems Europe is coming up shortly in Spain and InfoComm is just a few weeks later in las Vegas, so trade shows this spring that attract some of the same exhibitors and attendees offer clues as to what might happen when the giant scissors come out and the exhibit halls open for those big …
PR-Shackled CRI Makes Some Cryptic Noise About A Renewal Deal With Whale Retail Client April 29, 2022 by Super User Winning business with whale clients is always good news for service providers in digital signage, or just about any industry, but it is only rarely news that can get shared around for marketing benefit. That explains the somewhat cryptic news from solutions provider Creative Realities that it has re-upped its business for another three years …
Big Spanish Integrator Trison’s Financial Backers Looking To Cash Out April 29, 2022 by Super User Sixteen:Nine’s German language partner Invidis is reporting this morning that the big European digital signage and pro AV integrator Trison is up for sale, having appointed a financial advisor to guide a hoped-for transaction. The For Sale sign for the Spanish firm was triggered by Madrid-based financial investor Portobello Capital looking to cash out after …
Electrosonic Co-Founder Bob Simpson Passes Away, At 82 Years April 28, 2022 by Super User The co-founder of the much-respected pro AV design firm Electrosonic – Bob Simpson – has passed away, peacefully, at the age of 82. I know of the company but never met the man, so I will hand this off to the material in the announcement this afternoon … Mr. Simpson who went by Bob was …
NEC Launches Suite Of Workplace Management Solutions, Including Signage, Tied To Its Cloud Services April 21, 2022 by Super User NEC Corporation of America (NEC), the non-display side of NEC not part of the 2020 Sharp-NEC Displays joint venture, sees an opportunity to make workplaces smarter through what it calls a “comprehensive suite of Workplace Management solutions” that include digital signage and wayfinding. The solutions are designed to complement the company’s Univerge Blue Cloud Services, …
AV IT Integrator Diversified Launches In-House Financing To Build Out, Sustain Customer Projects April 19, 2022 by Super User The big U.S. pro AV IT integrator Diversified has announced a formalized in-house financing program that can roll up hardware and services costs into a single monthly invoice. Called Diversified Global Payment Solution, the program is built around providing “extensive equipment and technology financing options to enable client growth and innovation.” “Keeping up with the …
Merger Of Exertis And Almo Pro AV Distributors Leads To Exertis Almo Rebrand, And Re-Org April 14, 2022 by Super User The well-known Almo brand has kinda sorta mostly survived in the wake of the big pro AV distributor being acquired in December by rival and now BFF Exertis, with the blended company to be known going forward as Exertis Almo. Exertis Almo, says PR, harnesses the combined sales, service, marketing and subject matter expertise of …
