NanoLumens Completes $13.3 Million Round Of New Financing

Wednesday, January 7th, 2015

Gail Chiasson, North American Editor

NanoLumens, Atlanta, Georgia-based company offering visualization solutions in any size, shape or curvature, has announced it has secured $13.3-million in new financing from an offering of debt and securities. Euro Pacific Canada Inc. served as the exclusive agent for the offering. The $5-million debt component of the financing was provided by Wellington Financial LP. Rick […]

Christie Acquires coolux

Wednesday, January 7th, 2015

Gail Chiasson, North American Editor

Christie, Cypress, California-based visual displays and audio technologies company, has acquired Cologne-based coolux (as we reported, rumoured back in October 2014 here), a world-renowned developer and supplier of 3D compositing and rendering systems, best known for its Pandoras Box product family. coolux will be integrated into Christie’s global market solutions team, maintaining its office in […]

Creative Realities, Inc. Set To Raise More Money?

Wednesday, December 31st, 2014

Adrian J Cotterill, Editor-in-Chief

Merriman Capital, Inc. a wholly owned subsidiary of Merriman Holdings, Inc. (MERR), has just announced that it has been selected as Corporate Services Advisor to Creative Realities, Inc. (CREX) which means, no doubt, that Creative Realities is setting out the table for its next capital raise.

Searchlight Capital Buys Chunk @OceanOutdoorUK

Tuesday, December 23rd, 2014

Adrian J Cotterill, Editor-in-Chief

Leading iconic digital out of home company Ocean Outdoor, which trades under the Ocean and Signature brand names, announced today that Searchlight Capital Partners LP has acquired LDC’s entire stake in the business. Announcing the new investor partner, Ocean Chairman Tom Goddard said: “This move marks the start of Ocean’s third expansion phase, which includes […]

Ocean Outdoor To Be Sold?

Sunday, December 21st, 2014

Adrian J Cotterill, Editor-in-Chief

The UK’s Sunday Times newspaper reported this weekend that Ocean Outdoor is all set to be sold to Searchlight Capital Partners. The report, as yet unverified, stated that Searchlight Capital Partners are locked in ‘very late stage’ talks to buy Ocean from LDC and a deal could be announced as early as this week.

Please @PecabuInc DYOR

Wednesday, December 17th, 2014

Adrian J Cotterill, Editor-in-Chief

Lots of ‘dumb’ and much ‘stupid’ in the press release from the latest wannabe who is going to change the face of digital out of home advertising. If proof were ever needed that you see the world through your own eyes, Rob Smith, Pecabu CEO and founder said “Digital outdoor advertising is mostly really stupid. There’s […]

Astral Out-of-Home Adds To Portfolio with Murals Buy

Monday, December 15th, 2014

Gail Chiasson, North American Editor

Astral Out-of-Home, a division of Canadian firm Bell Media, has acquired 28 Toronto mural locations owned by Strategic Outdoor. With this transaction, Astral Out-of-Home now offers 32 murals in key, high-traffic areas in downtown Toronto. The purchased murals are strategically positioned in key Toronto neighbourhoods, including the entertainment district, the financial district, the Danforth, Queen […]

JCDecaux Acquires Continental Outdoor Media

Monday, December 15th, 2014

Adrian J Cotterill, Editor-in-Chief

JCDecaux SA (Euronext Paris: DEC) has announced the signing of a contract for the acquisition, in partnership with a community owned investment company, Royal Bafokeng Holdings (shareholding split 70/30), of Continental Outdoor Media, the leader in outdoor advertising in Africa. The finalisation of the transaction is subject to the usual regulatory terms and conditions. Founded […]

Simulation Displays’ SOLD

Monday, December 1st, 2014

Maddie Cotterill

Immersive Display Solutions Inc (IDSI) of Georgia (USA) has announced the completion of an agreement to take a controlling interest in Bedford, UK-based simulation and visualization specialists, Simulation Displays Ltd (SD). In announcing the acquisition, George Forbes, President and CEO of IDSI, stated that the move was strategic and a logical expansion. “The two companies […]

elevate DIGITAL Raises $4 Million

Monday, November 10th, 2014

Adrian J Cotterill, Editor-in-Chief

elevate DIGITAL, described as a leading developer of street-level interactive software technology, will expand its presence in Nevada as part of a USD 4 million funding led by Advantage Capital Partners in conjunction with the company’s first tranche of Series B funding. elevate will open an office in Las Vegas, its third office company wide, […]