Software for remote content management, device management and analytics
Home Products Solutions Blog Support Company News Contact
Customer Login  
Digital Signage Insider SignageWire
Latest Articles Full Article List

SignageWire

Muzak and DMX to merge, sell to someone else?

Author: WireSpring on 2008-04-10 11:09:11

According to DDI Magazine:
The DOJ has cleared Fort Mill, S.C.-based Muzak LLC and Austin, Texas-based DMX Inc. to proceed with a proposed merger of the companies to allow for a sale to a third party. The DOJ informed the companies that its investigation into the proposed merger would be closed and that the transaction will not be subject to an antitrust challenge.... DMX and Muzak have taken steps that will allow them to move quickly through the sale and integration process, including completion of an analysis of the combined entity. The companies have also engaged an investment banking firm to assist with offering the combined entity to a third-party buyer. The companies will continue to operate independently until a purchase is finalized.
Our take:

The first part of that statement made it sound as if an ultimate buyer was already identified (and perhaps may have been the impetus for the deal in the first place), but the second half makes us wonder whether this is really the case. Either way, both Muzak and DMX are very formidable players in the in-store audio space (combined they probably have 70% or more of that industry's market share and a solid 50,000+ client venues). What the new entity gains from the merger aside from possibly being more sale-worthy still remains to be seen, in our non-expert opinion.


Comments (0)

rss Subscribe to comments for this article | Trackback

Leave a Comment

Name:
Email Address:
(required but won't be shown)
Website:
Comment:
(max 2000 characters)
Are you a human? If so, uncheck this box:



Previous Article: Family and friends are most influential on shoppers
Next Article: Interactive store windows the wrong way

Back to the SignageWire front page

LEGAL STUFF: SignageWire is written by the WireSpring staff but may periodically include articles by guest authors. The author of each article is clearly identified at the start of the article. The opinions expressed in each article are solely those of the author, and do not reflect the official opinions of WireSpring Technologies, Inc. All SignageWire articles are copyright © 2008-2010 WireSpring Technologies, Inc. or the guest author, as appropriate. All content besides the actual article text, e.g. surrounding branding and informational content, is copyright © 2000-2010 WireSpring Technologies, Inc. All rights reserved. Except as provided in WireSpring's Republishing and Syndication Policy, no SignageWire content may be reproduced, in whole or in part, without WireSpring's express written consent.

Subscribe via RSS
If you use one of these services, click the button to subscribe to automatic updates:


For advanced users or those with other services, here is the XML link:
Subscribe via XML/RSS/RDF Subscribe via XML/RSS/RDF

What's this blog about?
Whether you're new to digital signs and kiosks or you've been in the business for years, you've probably noticed that nearly every announcement and press release contains a huge amount of hype. Our goal with this blog is to provide coverage of the more interesting happenings, along with commentary to give you a reality-check on what matters and what's just fluff. We post new articles several times a week.

Questions?  Start a live chat • Call us at (800) 989-9269 or +1 (954) 548-3300 • Get pricing and trial info
Copyright © 2000-2012 WireSpring Technologies, Inc. All rights reserved. Except as provided in our Republishing and Syndication Policy, no content on this website may be reproduced, in whole or in part, without our express written consent. View our privacy and legal info.