Evertz Technologies has entered into an asset purchase agreement with HARMAN International to acquire the Studer brand, technology and related assets. The acquisition is anticipated to close in the first quarter of 2021.
“We’re pleased to welcome this iconic audio brand to our Evertz family of products and solutions that has been serving the broadcast market for more than 50 years,” Brian Campbell, EVP Business Development, Evertz, said. “We also welcome the many valued Studer customers who depend on Studer technology and reliability to deliver the best audio to their audience.”
Evertz plans to invest in Studer for developing next-generation products while creating synergies between its current product suite and the Studer product environment. HARMAN acquired Studer in 1994.
“We are very pleased that the stewardship of the iconic Studer brand will continue on under Evertz’s leadership,” Brian Divine, President, HARMAN Professional Solutions, said. “The HARMAN team will be working very closely with Evertz over the coming weeks to assure a seamless transition for the customers.”
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