Vizrt Group is consolidating Vizrt and NewTek under the Vizrt name to meet the evolving needs of its customers and end users. Since the provider of real-time graphics and live production solutions for content creators acquired NewTek in 2019, the organisations have focused on their respective broadcast and pro AV…
Business
Biamp acquires room and desk booking pioneer Evoko
Biamp is to acquire Evoko, a manufacturer of advanced scheduling systems, as part of an expansion drive aimed at bringing more comprehensive, integrated solutions to customers. Evoko, headquartered in Stockholm, Sweden, has an intuitive suite of products that includes room booking and desk scheduling systems designed. “We are excited to…
GUDE Systems turns 35 and presents mission for the future
Cologne-based GUDE Systems is celebrating its 35th anniversary. The family-run company was founded in 1988 by Dr Michael Gude to develop, produce and distribute precision radio clock systems and interface isolators for the PC. Since then, the product portfolio of this successful medium-sized company has grown to encompass a range…
Audiologic signs deal to distribute Fohhn’s range in UK
Audiologic has signed an exclusive distribution partnership in the UK with Fohhn. The German manufacturer has a portfolio of more than 100 loudspeaker models suited to venues ranging from a small conference room to an opera house. Its products are available in a variety of options, from special colours and…
Pro AV industry revenue predicted to rise by $95bn by 2028
The pro AV industry is forecast to grow in revenue by nearly 31% to $402bn in 2028, according to AVIXA’s 2023 Industry Outlook and Trends Analysis (IOTA). The market is predicted to rise from $307bn this year – a 5.6% compound annual growth rate. While 2022 fared slightly better than…
Barco relocates Norway immersive experience R&D centre
Barco has relocated its Norwegian HQ to a purpose-built facility. The new base, which is in the town of Fredrikstad and will be home to 60 staff, will house Barco's second-largest projection research and development site, making it the largest R&D facility for immersive experience activities. The building has been…
Kinly earns Microsoft Modern Work solutions partner status
Kinly has been awarded Microsoft Solutions Partner designation status in the Modern Work solutions area. The company had to display the ability to help customers improve workplace productivity by transitioning to a hybrid work model using the Microsoft 365 suite. Microsoft revamped its partner programme last year to create new…
PSCo adds high-resolution Absen 2.5mm LED floor panels
PSCo has introduced an LED floor display that is said to have the highest resolution on the market. The Absen MR2.5 floor panel, which will be available exclusively from PSCo in the UK, features a 2.5mm pixel pitch and uses a GOB SMD packaging process that results in deep blacks…
Private equity company affiliate to acquire Avid for $1.4bn
Avid has entered into a definitive agreement to be acquired by an affiliate of private-equity company STG. The all-cash transaction values Avid at about $1.4bn, inclusive of its net debt. The price represents a premium of 32.1% over the company’s unaffected closing share price on 23 May, the last full…
Zoom opens London Engagement Hub for modern work
Zoom has opened a new London Engagement Hub, with 1,400 sq metres of space for the company's more than 200 UK employees. Split into different zones, the hub has 75 work points, ranging from library-style benches, touchdown spaces, and agile tables for collaboration to traditional desks. All these offerings are…