Absen Optoelectronic Co. Ltd has announced plans to acquire a 51% stake in Artixium Display Ltd for $45M US, according to the news agency LEDinside. The move is believed to strengthen the company’s position in global stadium business as well as enhance its future expansion in the sports industry.
LED Screen Guru - large indoor and outdoor video display assistant - Acquisition
The rental US market scored the win-win deal as Learfield and GoVision announced their merging on the 30th of June. Learfield, which is a diverse multimedia enterprise specializing in collegiate sports marketing, expanded its range of services with the professional expertise of GoVision, a provider of mobile and modular LED video technology for a variety of events. Managing nearly 1000 projects annually GoVision is one of the major players in the US rental market. In particular, the company’s equipment has been deployed for the NCAA Final Four basketball championship, the last three US presidential inaugurations, live broadcast of Pope Francis' visit to the U.S. Capitol, etc. We asked Chris Curtis, CEO, and founder of GoVision, how the merging will affect the company’s positions regarding future prospects and growth potential.
GoVision LP, a full-service LED screen provider from Argyle, Texas, has acquired the assets of Custom Design and Fabrication, LLC, a company specializing in building mobile display trailers. The move marks the company’s fifth strategic acquisition since the beginning of 2014 and expands its portfolio of services with decades of expertise in the design and manufacturing of LED support elements, the press release said.
South-Korean giant of consumer electronics and communications devices Samsung Electronics has announced the acquisition of Logan, Utah-based YESCO Electronics LLC.