Announced
Financials
Tags
Switzerland
Auto Technology
Acquisition
camera automation
Cross Border
Private
Friendly
Majority
Pending
Single Bidder
Synopsis
Q-SYS, a manufacturer of power amplifiers, loudspeakers, signal processing, digital signal transport, and computer control systems, agreed to acquire Seervision, an AI-driven camera automation software developer. Financial terms were not disclosed. “The hybrid work phenomenon, ‘meeting equity’ requirements, multi-camera control and workflow automation, along with the use of artificial intelligence and machine learning for AV applications represent some of most dynamic and exciting opportunities today and into the future. AI technology leadership will be critical in defining and delivering on the next era of AV experience innovation, and we believe Seervision is a key technology pillar for enabling this future. This acquisition creates tremendous opportunities for Q-SYS and our partners to create and deliver extraordinary in-person, remote and hybrid collaboration experiences across many different markets and applications, now and in the future. We couldn’t be more excited for the opportunities ahead,” Joe Pham, QSC Chairman and CEO.
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