eyevis announces acquisition of Teracue
Visual display and video wall solutions provider eyevis has acquired the business of IPTV hardware/software and video networking specialist Teracue AG. eyevis has confirmed that Teracue has been transferred with all rights regarding trademarks, names and patents, as well as all employees, into the new Teracue eyevis GmbH.
“We are excited about the integration into a larger corporate environment and the enhanced possibilities for further development and greater international sales opportunities. That will enable further growth and hence will sustainably secure our expertise and our jobs,” comment Wolfgang Schmiegelt and Karl-Heinz Wenisch from the former board of management of Teracue AG and now managing directors of the new Teracue eyevis GmbH.
“The acquisition is a win-win situation for both companies,” remarks Michael W. Nagel, CEO of eyevis GmbH. “With the increasing demand on high-quality streaming systems, together with Teracue we are offering unique solutions in the areas of control room, presentation and information, and broadcast from one source. Teracue will benefit from our large international sales network which will significantly expand their existing sales channels. Through this acquisition eyevis will expand its expertise in streaming solutions as well as signal transmission over standard IP systems. Our customers will benefit from our strengthened position as a comprehensive provider of intelligent solutions for networking and visualisation.”
The first joint products were presented at ISE 2014 in Amsterdam in early February, along with eyevis’ eyeCON MetaWall 2.0 solution.