The acquisition is the latest in a series of moves made by Peerless-AV to expand and diversify its product porftolio and comes one month after the company launched a technology division charged with creating new ways of delivering digital content.
Ciil’s outdoor displays are completely sealed and use no external vents, exhaust fans or filters. The patented design holds the highest protection rating in the industry at IP 68 and NEMA 6, allowing the products to be submerged in water for 30 minutes without failure. Applications range from professional and college stadiums, public transit, marinas, cruise ships, yachts and factory floors. Models from 26” to 55” are available.
The Ciil line joins Peerless-AV’s portfolio of outdoor solutions, including outdoor mounts and enclosures.
“The market for outdoor TVs is growing rapidly in commercial settings, where weatherproof displays are replacing expensive enclosures, and in residential environments, where the backyard has become the new living room. With this acquisition, our customers can take full advantage of this expanding market sector,” says Michael Campagna, president of the Peerless Technology Division.
Under the terms of the agreement, Ciil’s manufacturing and operations will be relocated to Peerless-AV’s headquarters and 320,000-square-foot manufacturing facility in Aurora, Illinois. Ciil products will be produced in a dedicated 10,000-square-foot area within the Peerless-AV plant, including a 3,000-square-foot clean room for assembly and testing. All Ciil displays will continue to be manufactured in the U.S., all Ciil personnel and management will be retained, and Ciil products will continue to be sold under the Ciil trademark and the UltraView and Xtreme brand names.
The transaction closed on Feb. 1, 2013. Financial terms were not disclosed.
Peerless-AV is exhibiting at Digital Signage Expo 2013 in booth #100.