Business

The Sphere has reported an operating loss of $98.4m for the three months ended 30 September. The company has also parted ways with its chief financial officer (CFO) Gautam Ranji. The loss has been widely reported by media outlets, including the Las Vegas Sun. A report in the New York…

A private equity firm linked to Liechtenstein's royal family has acquired leading European digital signage integrator Trison.   L-Gam plans to expand the Spanish-headquartered company, which is expected to turn over about €113m this year, organically and through acquisitions.  Trison's previous majority shareholder – Spain's Portobello Capital – started the sales…

Midwich Group has entered a binding agreement to acquire prodyTel Distribution Gmbh, a distributor of professional audio and technical solutions products located near Nuremberg, Germany.   Through its German subsidiary Kern & Stelly Medientechnik GmbH, Midwich will acquire 51% of the Company's share capital for an initial cash consideration of…

Harman Professional Solutions has entered into an agreement to acquire FLUX Software Engineering, pioneers in immersive audio production, audio processing plug-in design, and audio analysis. The acquisition will broaden Harman Professional’s offerings across multiple applications with world-class immersive technology, and establish a foundation for future innovation by bringing together FLUX::’s…

DRPG has closed the CMD (Corporate Media Displays) brand, which has been responsible for the group's pyrotechnics, fireworks and large outdoor displays for the past 10 years. The group's board decided unanimously that the department's practices did not align with the sustainable ethos and environmental standard upheld by the B…

Austrian company AV Stumpfl has opened a London office that will be dedicated to Pixera. The family-run business decided to open the base as a result of its real-time media server platform having become a household name in high-end virtual production and general film production circles this year, in addition to…

TD Synnex has signed a European distribution agreement with Poly to supply its video, voice and content collaboration and communication technology. Poly’s end-to-end portfolio of headsets, personal collaboration devices and videoconferencing tools is available through TD Synnex’s endpoint solutions division and its specialist AV business, Maverick. The distributor will support…

Listen Technologies Corporation and Ampetronic have announced that the US-based wireless listening company will be the exclusive representative for Ampetronic devices in North America, while the UK-based maker of audio induction loop systems will represent Listen Technologies' solutions in the UK.  The partnership will begin on 1 January, 2024. Listen Technologies and Ampetronic…

AVI-SPL has won the Cisco Webex Reimagine Workspaces Partner of the Year – Americas award for 2023. The award recognises the solutions provider that has had the most success selling and implementing Cisco video devices to help customers create best-in-class workspaces. AVI-SPL has been a Cisco solutions provider for more…

AVM has entered into a strategic partnership with Fujifilm to supply the brand’s FP-Z range of ultra-short-throw projectors. The multi-brand AV distributor will support customers from the specification stage right through to installation and ongoing support. The FP-Z range, which comprises the FP-Z8000 and FP-Z6000, can be used in a…