Extron has purchased the Products Engineering and Development Division of Electrosonic Group a premier worldwide AV systems integration and service provider. This is the first company ever purchased by Extron.
The Electrosonic Group systems integration and service business is not part of the acquisition and will continue forward as a wholly independent organization.
Electrosonic’s Products Division is an innovator in Video and Graphics Over IP Encoders and Decoders, HD Video Players, and Multi-Image Display Processors. It has been operating as a stand-alone division from the systems integration and service business since February 2009. The acquisition includes all current products designed and manufactured by Electrosonic as well as the IP for the underlying technology. Key staff will join Extron to support current customers and continue the development of this innovative group of products.
Here’s an interesting article from Extron’s President, Andrew Edwards, on this purchase: http://www.extron.com/product/es-home.aspx