Kramer Acquires Wow Vision

Kramer Electronics purchases shares of Wow Vision Pte in an acquisition that will strengthen many of Kramer’s specialized services

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Kramer Electronics has acquired Wow Vision Pte, a wireless collaboration software development company, through the purchase of the remaining 50% of the outstanding shares of the company. Kramer has customers in over 100 countries across six continents set to benefit from the acquisition.

“We are incredibly excited that Wow Vision and its talented team of software engineers have joined the Kramer family,” says Gilad Yron, CEO of Kramer.

“This acquisition will strengthen our R&D capacity and enable us to continue accelerating Kramer’s growth, especially in the strategic areas of networked software-based solutions, collaboration, unified communication and cloud technologies,” he says.

“It also demonstrates our ongoing commitment to investing in innovative technologies that offer our customers and partners better and smarter automated solutions to collaborate, share, and communicate in hybrid working and learning environments,” says Yron.

Kramer’s digital, IP, software, and cloud-driven solutions for collaboration, streaming, management, and control are at the forefront of an ever-evolving Pro AV industry.

Yuval Cohen, Managing Partner of Fortissimo Capital and Chairman of the Board of Kramer, adds:

“Kramer’s growth is fueled by innovation and our ability to develop the best solutions in the market. Kramer continues to invest in technologies that will further enhance its leadership in providing solutions for the rapidly changing environment for how people communicate, work and study.

Kramer was acquired in early 2021 by Fortissimo Capital Fund, a private equity group that invests primarily in technology and industrial companies at a point of inflection and works closely with management to expedite growth.

A few notable portfolio companies include: Priority Software, SodaStream (Nasdaq: SODA, later sold to Pepsi), Kornit Digital (Nasdaq: KRNT), Tuttnauer, Cadent (sold to Align), Sanquin Plasma, AOD (sold to Primus), Biological Industries (sold to Sartorius), and Gadot Biochemicals.

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