Coretronic Corp., Taiwan, has completed the acquisition of Calibre, a privately held image-processing technology manufacturer, based in Bradford, Yorkshire, UK. Coretronic manufactures DLP projectors, and it’s the ODM supplier to many DLP projector brands. The acquisition of Calibre expands Coretronic’s technology capability by adding Calibre’s range of HQUltra image-processing technology and in-house R&D capabilities.
“It reflects Coretronic’s strategy to strengthen its leading position in display and image-processing technology with a rich set of capabilities afforded by the Calibre team,” SY Chen, President at Coretronic, Taiwan, remarked. “This will help Coretronic Group with its plans to further advance in the pro AV markets, as well as assisting with entry into the rapidly expanding direct-view LED display markets.”
Former Calibre CEO Tim Brooksbank will lead as Managing Director of Calibre UK Ltd., now a wholly owned subsidiary of Coretronic.
“We’re delighted to become part of the Coretronic family,” Brooksbank stated. “We share a common entrepreneurial ethos driven by market development, innovation and, above all, customer satisfaction. This opens up new opportunities for Calibre’s technology, products and staff as part of the worldwide Coretronic Group.”