The morning press - digital signage news for April 30

Here are some of today's interesting clips from the web:

• CBS Acquires Int'l Outdoor Advertising Group - CBS acquired International Outdoor Advertising Group, the leading out-of-home company in South America, for $110 million cash. The deal expands CBS Outdoor's presence in Latin America, adding more than 17,000 advertising faces in in Argentina, Brazil, Chile and Uruguay.

• Redgate Media acquires MediaShell - MediaShell is a leading out-of-home advertising company that specializes in poster networks in office buildings, shopping malls, and residential buildings. The company covers over 500 locations each in Beijing, Shanghai, and Shenzen, with an additional 1,200 locations in Guangzhou, giving it a solid reach to China’s most affluent demographics, both at home and in the workplace.

• D-Link Enters Digital Signage Market - D-Link will offer solutions for wired and wireless in-store media networks. Special hardware and chipsets in the digital displays will allow configuration of a system of networked display stations managed by a back-end content server. Wither Cisco goes, D-Link follows, I suppose.

• Digital Signage Advertising en Route to Becoming a Multi-Billion Dollar Industry - According to NSR the industry, which has the majority of deployments and revenues globally from retail, hospitality, healthcare and transportation verticals, is poised to grow from an estimated installed base of about 210,000 sites in 2007 to more than 850,000 sites during the period from 2008 to 2013.

• Electrograph and Minicom partner for digital signage solutions - The agreement gives Electrograph resellers direct access to Minicom’s remote management, distribution and extension systems and strengthens Electrograph’s position as the number-one distributor of digital signage AV displays and accessories.

Tags: digital signage, digital signage news

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