Thursday, March 17, 2005

Clarity Acquires CoolSign's Software

This is the big news of the day:

"Clarity Visual Systems, Inc. today announced the acquisition of the assets of the CoolSign software and services division from Adspace Networks, Inc. for an undisclosed sum.

As part of the deal, Clarity will acquire CoolSign's enterprise software, a sophisticated technology solution that delivers full-motion, high definition digital content for networked digital display systems, along with its enterprise sales, engineering, creative and client services teams located at CoolSign facilities in Burlingame, Calif. The purchase immediately adds over 3,000 digital signs to Clarity's installed customer base -- many of which are located at some of the country's best known retailers -- and provides an immediate presence in malls, theaters and other public advertising venues through the Adspace media network.

Read the press release here, and a related article from one of the local business journals here.

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