Latest Ronin financials show company finally cash-flow positive, BUT … November 4, 2011 by Dave Haynes The latest financials from Wireless Ronin Technologies are a seriously mixed bag. Revenue hit a company record, and after many years the company finally had a cash-flow positive quarter. But sales also dropped by 25% this quarter, and the company also lost yet more money. Working capital is getting down to a relatively small number. …
Prysm announces $100M-plus raise to start volume production October 27, 2011 by Dave Haynes Investment capital may be hard to come by for a lot of digital signage people – and business in general – these days, but the guys at Prysm just raised more than $100 million. The company, which markets Laser Phosphor Display stackable display tiles, just announced new financing that will turn on volume production of the …
More consolidation: YCD buys C-nario October 27, 2011 by Dave Haynes YCD Multimedia has announced the acquisition of C-nario, a pair of digital signage software companies with Israeli roots who you kinda thought might get hitched at some point. “This step opens new horizons and creates tremendous opportunities for the consolidated company,” said Noam Levavi, CEO of YCD. “By combining YCD’s offering and expertise together with …
If you have 6,000 stores, then actually, No, you don’t need to … October 24, 2011 by Dave Haynes The Digital Signage Expo folks have circulated an email blast that says registration is now open for the annual trade show and networking-fest in Lost Wages. The show is March 6-9 in 2012, a week later than what’s been typical the last few years. The email has the curious header from Bob Stowe of Wendy’s, …
Reach and Reach partner for much bigger reach October 21, 2011 by Dave Haynes It’s not entirely clear whether this would make the Confuse-O-Meter purr or burst into flames, but Reach Media Group has done a sales representation deal with Reach Sports Marketing Group, the former selling media inventory on the latter’s digital out of home fitness network. It’s maybe not all that confusing because RMG Networks is the …
DS Investor Conference In NY Termed A Success October 19, 2011 by Dave Haynes I popped by the Strategy Institute’s Investor Confence on Tuesday afternoon, and almost entirely hung out in the coffee area chatting with people. The impression I was left with was that this one was quite good and worth the time, effort and money. There was a little grumbling about a few of the speakers, and …
Report: McDonald’s green-lights 800-site Digital OOH test October 18, 2011 by Dave Haynes There is a running joke in this sector about the number of software, hardware and ad network companies that have the golden arches of McDonald’s on the Client page of their presentations. EVERYONE somehow or other manages to turn a little local deal with a franchise-holder into McDonald’s being among the clients. But there now …
French firm VITEC acquires OOH Video October 17, 2011 by Dave Haynes The French firm VITEC has acquired the digital signage side of the one of the early players in the digital signage space. VITEC Multimedia has purchased the “business Activities” of Vancouver-based OOH Video. “With this purchase, says the release, VITEC now adds industry-leading multi-channel digital video playback and Digital Signage products to its already enriched …
Luxury retailer Fresh builds big digital into flagship store’s design October 13, 2011 by Dave Haynes A couple of years ago I was dealing with a cosmetics retailer that wanted to do a big display wall in the store, but didn’t want to use display panels because of the seams. Well, I said, you could do projection but that’s not going to work well from the front, but it would be …
RMG adds “business celebrity” Hayzlett to board October 12, 2011 by Dave Haynes RMG Networks have added something of a business celebrity – but one with some actual street cred – to its board of directors. Jeffrey Hayzlett is the author of the business bestseller The Mirror Test and a former CMO for Kodak. He is now CEO of The Hayzlett Group. “Jeffrey is a marketing celebrity and …
