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Leyard And Planar To Acquire eyevis

Leyard and Planar announced the intent to acquire eyevis, a manufacturer of visual display solutions. According to the companies, through this geographic expansion, Leyard and Planar will better serve customers in EMEA with combined marketing, sales, installation support and customer service.

eyevis, a German manufacturer of large screen systems, is a provider and integrator of visualization systems for professional applications in control rooms, broadcast, virtual reality and simulation. eyevis solutions include displays, graphics controllers, software and accessories. Teracue, a manufacturer and supplier of professional IPTV and video-networking systems, is included in the intent to acquire eyevis. Teracue was acquired by eyevis in 2014.

eyevis Chief Technology Officer Heiko Schaich commented, “We are excited about integrating into a larger corporate environment and the enhanced possibilities for further development and sales opportunities. It will provide a path for future growth and bring stability to our partners and customers after the strenuous times eyevis has experienced in recent months.”

The acquisition is subject to customary closing conditions and is expected to finalize in the second calendar quarter of 2018.

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