Friday, September 16, 2005

Harris to acquire Leitch, who acquired Inscriber digital signage

Since Leitch just recently acquired Inscriber's line of digital signage solutions, it seems appropriate that that company would turn around and get acquired by Harris Corp. But that's apparently what happened, according to this press release.

“The combination of Leitch Technology with Harris will create a powerful force in the broadcast technology industry,” said Tim Thorsteinson, president and CEO, Leitch Technology Corporation. “This is an extremely positive opportunity for our employees, customers and shareholders.”

“This acquisition further positions Harris to lead the broadcast industry’s transition to high-definition digital services,” said Howard L. Lance, chairman, president and chief executive officer of Harris. “Leitch has a veteran management team with strong domain knowledge and has launched important new products to meet the changing needs of the digital marketplace. Our combined products and systems serve every segment of the increasingly complex supply chain that brings digital audio, video and data content to consumers. This acquisition clearly establishes Harris as the company that broadcasters turn to as they upgrade their equipment and software systems to operate in a digital environment.”

So while Harris' focus is obviously on broadcast and high-definition video, it remains to be seen what attention will be given to the digital signage services the firm previously offered.

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