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		<title>M&A List: Digital Signage Mergers, Acquisitions and Bankruptcies</title>
		<description>Discuss M&A List: Digital Signage Mergers, Acquisitions and Bankruptcies</description>
		<link>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies</link>
		<lastBuildDate>Sun, 05 Apr 2026 05:43:56 +0000</lastBuildDate>
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		<item>
			<title>Bill Gerba says:</title>
			<link>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1245</link>
			<description><![CDATA[Newad Acquires Media OneTMs Assets]]></description>
			<dc:creator>Bill Gerba</dc:creator>
			<pubDate>Wed, 23 Nov 2011 14:43:07 +0000</pubDate>
			<guid>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1245</guid>
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			<title>Andr Koitzsch says:</title>
			<link>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1248</link>
			<description><![CDATA[I miss the EnQii / Minicom Digital Signage story having merged to ComQi.]]></description>
			<dc:creator>Andr Koitzsch</dc:creator>
			<pubDate>Wed, 16 Nov 2011 19:17:32 +0000</pubDate>
			<guid>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1248</guid>
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			<title>adrian cotterill says:</title>
			<link>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1247</link>
			<description><![CDATA[Texas Digital (themselves) bought by NCR
Amscreen acquires Digicom
Screenvision Acquires Uniquescreen Media
SeeSaw Networks bought by .... (or do they just go under)
EK3 bought by .... (well we know who they are talking to - does that count?)]]></description>
			<dc:creator>adrian cotterill</dc:creator>
			<pubDate>Wed, 16 Nov 2011 16:03:00 +0000</pubDate>
			<guid>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1247</guid>
		</item>
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			<title>Bill Gerba says:</title>
			<link>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1246</link>
			<description><![CDATA[Some 2011 updates:
MRI (Grant Sign Group) aquires Hamilton Digital Designs
Chilin Technology acquires Vertigo Digital Displays
CoolSign bought by Haivision
iSIGN Media acquires Pinpoint Media
VITEC Multimedia acquires assets of OOH Video
Delphi Display Systems acquires Fast Track
Texas Digital bought by Radiant Systems
Strer Digital Acquires ECE flatmedia
Brite Media Group acquires Targetcast
VeriFone acquires assets of Show Media
VeriFone acquires TaxiMedia
Mirane bought by MEDIC Holdings
ClearOne acquires MagicBox
YCD acquires assets of C-Nario]]></description>
			<dc:creator>Bill Gerba</dc:creator>
			<pubDate>Wed, 16 Nov 2011 15:11:45 +0000</pubDate>
			<guid>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1246</guid>
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			<title>Peter Dombrowski says:</title>
			<link>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1244</link>
			<description><![CDATA[The news from 42media group. His ist still alive, but the end in near. The CEO and the CMO leave the board. The rest is history.]]></description>
			<dc:creator>Peter Dombrowski</dc:creator>
			<pubDate>Sat, 09 Oct 2010 12:16:33 +0000</pubDate>
			<guid>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1244</guid>
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			<title>anwar says:</title>
			<link>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1243</link>
			<description><![CDATA[hi guys,
your help will be highly appreciated if you can direct me how can i get access to accounting ratios of merged and acquired firms free of charge as i am student and cant afford high charges.
thanks]]></description>
			<dc:creator>anwar</dc:creator>
			<pubDate>Sun, 22 Aug 2010 13:56:09 +0000</pubDate>
			<guid>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1243</guid>
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			<title>anwar says:</title>
			<link>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1242</link>
			<description><![CDATA[hi guys,
your help will be highly appreciated if you can direct me how can i get access to accounting ratios of merged and acquired firms free of charge as i am student and cant afford high charges.
thanks]]></description>
			<dc:creator>anwar</dc:creator>
			<pubDate>Sun, 22 Aug 2010 13:54:49 +0000</pubDate>
			<guid>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1242</guid>
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			<title>digital signage saas says:</title>
			<link>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1241</link>
			<description><![CDATA[Enjoyable article to read but I think mergers are a last resort. I thought the digital signage business, especially digital signage saas was doing well. Enjoyable article to read.]]></description>
			<dc:creator>digital signage saas</dc:creator>
			<pubDate>Tue, 17 Aug 2010 16:39:15 +0000</pubDate>
			<guid>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1241</guid>
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			<title>digital signage saas says:</title>
			<link>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1240</link>
			<description><![CDATA[Enjoyable article to read but I think mergers are a last resort. I thought the digital signage business, especially digital signage saas was doing well. Enjoyable article to read.]]></description>
			<dc:creator>digital signage saas</dc:creator>
			<pubDate>Thu, 12 Aug 2010 14:25:02 +0000</pubDate>
			<guid>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1240</guid>
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			<title>Greg Keane says:</title>
			<link>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1239</link>
			<description><![CDATA[Where can I buy some of the assets of these companies...is there a place I can find digitalsignage liquidation?]]></description>
			<dc:creator>Greg Keane</dc:creator>
			<pubDate>Mon, 12 Jul 2010 13:44:23 +0000</pubDate>
			<guid>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1239</guid>
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			<title>Yashod Bhardwaj says:</title>
			<link>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1238</link>
			<description><![CDATA[Very helpful article Bill.!
I would like to mention the names of few other Venture Capital firms that have been looking for successful Digital Signage companies at The Digital Signage Investor Conference held annually in New York City (listed alphabetically):
3i Group
ABS Capital Partners
Adams Street Partners, LLC
Avista Capital Holdings
Bain Capital
BIA Digital Partners
Boston Ventures
Carmel Ventures
Challenger Capital Group Ltd.
GE Capital
Halyard Capital
Highland Capital Partners
Intel Capital
Interact Venture Fund, Inc.
Investor Growth Capital, Inc
For a detailed list, please visit: http://bit.ly/awHKEs]]></description>
			<dc:creator>Yashod Bhardwaj</dc:creator>
			<pubDate>Thu, 06 May 2010 22:08:03 +0000</pubDate>
			<guid>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1238</guid>
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			<title>David Titchenal says:</title>
			<link>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1237</link>
			<description><![CDATA[I ahve enjoyed reading all the comments and Bill's article. It would seem that change is still the constant in the universe.]]></description>
			<dc:creator>David Titchenal</dc:creator>
			<pubDate>Fri, 30 Apr 2010 17:43:19 +0000</pubDate>
			<guid>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1237</guid>
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			<title>Matthias Wagner says:</title>
			<link>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1236</link>
			<description><![CDATA[to make that clear: 42media is not bankrupt and continues business!
have a nice day :)]]></description>
			<dc:creator>Matthias Wagner</dc:creator>
			<pubDate>Fri, 30 Apr 2010 17:12:20 +0000</pubDate>
			<guid>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1236</guid>
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			<title>Dave Haar says:</title>
			<link>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1235</link>
			<description><![CDATA[Excellent article Bill. It ws nice to see the spin off of a 20 year old company be one of the highlights of the industry. We have some very exciting and paradigm changing news as we start out with the first product announcement from Minicom Digital Signage, Ltd at Screen Media next week. Minicom Digital Signage Reveals Remote Device Management (RDM) Technology for Digital Signage Displays at Screen Media Expo 2010 - http://minicom.blogspot.com/2010/04/minicom-digital-signage-reveals-remote.html.]]></description>
			<dc:creator>Dave Haar</dc:creator>
			<pubDate>Thu, 29 Apr 2010 16:49:44 +0000</pubDate>
			<guid>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1235</guid>
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			<title>Bill Gerba says:</title>
			<link>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1234</link>
			<description><![CDATA[Great comments, all.
I think I'm going to do a brief update to the post to include the M&A activity that I missed (plus the [[http://www.dailydooh.com/archives/26377|Scala/Si gnchannel announcement from today]]), and also to clarify that "going into bankruptcy" does **NOT** mean "going out of business forever"]]></description>
			<dc:creator>Bill Gerba</dc:creator>
			<pubDate>Thu, 29 Apr 2010 15:33:08 +0000</pubDate>
			<guid>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1234</guid>
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			<title>Gail Chiasson says:</title>
			<link>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1233</link>
			<description><![CDATA[Really interesting article, Bill. A keeper.
Somewhere along the line, Sidetrack Technologies seems to also have disappeared. Although Basset Media Corp. Group was supposed to be acquiring it, the company won't talk about same, leaving us to wonder if there was too great a debt load to bother taking it on or whether it's still in the works as Basset claimed last fall. At that time Basset had also signed a letter of intent with respect to the proposed acquisition of all outstanding shares of Haizou Media Corporation, China.]]></description>
			<dc:creator>Gail Chiasson</dc:creator>
			<pubDate>Thu, 29 Apr 2010 14:48:20 +0000</pubDate>
			<guid>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1233</guid>
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			<title>Christie Liu says:</title>
			<link>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1232</link>
			<description><![CDATA[It was announced on April 14th, 2010 that NYC-based Interactivation purchased NBC's Patient and Newborn Channel Networks. CEO Joe Covey will be a speaker at this year's 5th Annual Digital Signage Investor Conference, scheduled for October 5th and 6th in NYC.
In April 2009 Cineplex Media purchased Onsite Network (stadium network and 23 office skyscrapers), a deal valued around $1.7 million.
October 2008 Fuelcast merged with Bhootan and rebranded to Outcast.
Here's a sneak peek at some of the speakers at this years investor conference:
Philip Cohen, President & CEO, CARE Media Holdings Corp.
Garry McGuire, CEO, RMG Networks
Robert Wolf, CEO, InStore Broadcasting Network
Alan High, President, Clear Channel Malls
Matthew Stoudt, CEO, Outcast
Gadi Tiroshi, General Partner, Jerusalem Venture Partners (JVP)
David Ingraham, VP, M/C Venture
Ronni Guggenheim, CEO, Minicom Digital Signage
Noam Levavi, President & CEO, YCD Multimedia
Jill Nickerson, VP, Director of OOH, Horizon Media
Connie Garrido, CEO, Posterscope USA
We're definitely looking forward to the discussions/news/deals that will emerge from this forum...all the shakers and movers in one room!]]></description>
			<dc:creator>Christie Liu</dc:creator>
			<pubDate>Thu, 29 Apr 2010 13:04:47 +0000</pubDate>
			<guid>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1232</guid>
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			<title>Lee Arthur says:</title>
			<link>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1231</link>
			<description><![CDATA[This is a good article, well done.
I was the founder & CEO of Streetbroadcast, mentioned above as being sold to Redbus.
Further consolidation is required to allow digital out of home to grow. Its potential is great and it is an industry filled with skilled people, passionate about their work.
My view of the issues are that digital signage, funded by advertising, is hampered by the market structure of outdoor buying, at least in the UK. Two buying groups(Kinetic and Posterscope) control over 90% of all purchasing. Three Media Owners receive 85% of all outdoor spend. So the market for outdoor advertising is shaped and controlled by the strategy of five companies whose profitability and interests are closely aligned. This level of consolidation in any industry stifles growth. Read this to understand why and how http://goo.gl/q8HC
Good technology is not enough. Good locations and content not enough. Good sales teams and a well funded business is not enough. There are exceptions of course, when a company creates a very unique niche, such as Ocean Outdoor for example.
In this industry, an offering requires real scale or a real point of difference (and a technological feature is not one) Scale is capital intensive and takes time to build. If one does not reach a scale tipping point quickly enough, someone else takes the business from you, as cash or effort drys up, and then captures all the value you created (Redbus/Streetbroadcast is a perfect example of this).
Before leaving Streetbroadcast, I with my Chairman, recommended a strategy of consolidation and acquisition to my Board which was rejected. I still believe this is the only way to go for this industry to gain some real traction. Success will have to be driven by a very large player or an ambitious role up strategy put together by an independent venture capital/private equity company, to bring all the smaller players under one roof.
Beware the rules that define market profits, they are rarely broken.]]></description>
			<dc:creator>Lee Arthur</dc:creator>
			<pubDate>Thu, 29 Apr 2010 08:59:58 +0000</pubDate>
			<guid>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1231</guid>
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			<title>Denis/Ooh-tv says:</title>
			<link>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1230</link>
			<description><![CDATA[Hi Bill,
Great post. I would add VisionChina Media's acquisition of Digital Media Group ($160M)
And Music Matic hasn't been acquired by Mood Media.]]></description>
			<dc:creator>Denis/Ooh-tv</dc:creator>
			<pubDate>Thu, 29 Apr 2010 06:14:02 +0000</pubDate>
			<guid>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1230</guid>
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			<title>Anonymous says:</title>
			<link>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1229</link>
			<description><![CDATA[Reactrix....bankrupt (summer of 08?).
And NEO pulled out of US?]]></description>
			<dc:creator>Anonymous</dc:creator>
			<pubDate>Thu, 29 Apr 2010 03:20:07 +0000</pubDate>
			<guid>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1229</guid>
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			<title>Mariam Ispahani says:</title>
			<link>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1228</link>
			<description><![CDATA[Bill - thanks a ton for this! So, you think the VCs are back in the game? I noticed they don't care for digital signage and are more interested in mobile applications, especially iPhone apps.
-m-]]></description>
			<dc:creator>Mariam Ispahani</dc:creator>
			<pubDate>Wed, 28 Apr 2010 23:58:55 +0000</pubDate>
			<guid>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1228</guid>
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			<title>Adrian Cotterill says:</title>
			<link>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1227</link>
			<description><![CDATA[We have the court document filed in NYC stating that the assets of Arena Media were bought by Access 360 - whilst Access 360 may not want to announce anything the documents are public domain for all to see
http://www.dailydooh.com/archives/25299]]></description>
			<dc:creator>Adrian Cotterill</dc:creator>
			<pubDate>Wed, 28 Apr 2010 22:37:50 +0000</pubDate>
			<guid>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1227</guid>
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			<title>Lionel Tepper says:</title>
			<link>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1226</link>
			<description><![CDATA[Excellent post, however a couple of points should be clarified:
1) Muzak has emerged from bankruptcy and is doing well.
2) NetKey acquired Webpavement about 2 years ago. NCR then bought Netkey at the end of 2009.
3) Last I heard the purchase of Arena Media's assets by Access 360 Media is only a rumor, nothing official has been announced.
There have been many small out-of-home networks that have gone dark that most people don't know anything about. We know about them because we track companies through the maintenance of our Directory. Usually the last thing that happens when a company closes their doors is the pulling of the plug on the company's Website. We know of about 18 networks here in the US that have shut down.
Considering everything that has happened in the world things could have been much worse.]]></description>
			<dc:creator>Lionel Tepper</dc:creator>
			<pubDate>Wed, 28 Apr 2010 22:01:54 +0000</pubDate>
			<guid>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1226</guid>
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			<title>Adrian Cotterill says:</title>
			<link>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1225</link>
			<description><![CDATA[Great post Bill (as usual). We expect Zoom Media & Marketing to continue its acquisition spree - they have something fairly big in the offing atm we believe.
Danoo will IPO in next 12 months which should be a bright spot in the market.
PRN will be acquired by a private equity company for anywhere between USD 10M and 100M depending on how gullible the P/E folks are
When PlayNetwork finally figure out what they did wrong by acquiring Channel M they may too re-enter the acquisition space (perhaps in Europe where they are needed most)
RAM Vision in the UK may also start some consolidation in the UK also
CAN Media bought a few companies in the UK in your timeframe but have typically grown by being a great company with solid profits and good people
BTW we think Sony bought convergent media systems primarily to get into or be better at the digital cinema space.
Finally watch out too for a couple of USD 100M turnover businesses we are working for (in North America) who are seriously looking at spending big in getting into this space]]></description>
			<dc:creator>Adrian Cotterill</dc:creator>
			<pubDate>Wed, 28 Apr 2010 21:01:52 +0000</pubDate>
			<guid>https://www.wirespring.com/30-legacy-blog-digital-signage-insider/762-m-a-list-digital-signage-mergers-acquisitions-and-bankruptcies#comment-1225</guid>
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