Today, AUO Display Plus (ADP), a subsidiary of AUO Corp. (AUO), announced the acquisition of Avocor via media release. ADP is a global leader in industrial and commercial displays. Avocor, of course, is an innovator in collaboration and communication solutions. According to the principals, this strategic acquisition will accelerate Avocor’s growth by integrating AUO Display Plus’ expertise in display technology and global resources.
The acquisition is part of AUO’s ongoing biaxial transformation strategy. It marks a significant step in deepening its vertical market applications under the Go Vertical initiative. AUO Display Plus seeks to integrate Avocor’s expertise in interactive display solutions and its sales capabilities and distribution channels, Thus, the company will be positioned to offer more diverse product platforms and comprehensive services to global customers in the education and enterprise markets. Through the acquisition, ADP can accelerate its expansion into new verticals and solidify its position as a leader in smart display solutions with a reinforced value chain ecosystem.
Since 2022, AUO Display Plus has been a significant investor in Avocor. Thus, it has fostered a partnership that has enabled Avocor to expand its product offerings, including DVLED displays, digital signage and commercial displays. The acquisition, the principals say, represents a natural progression of this successful collaboration. Indeed, AUO and ADP are fully committed to investing in Avocor’s future.
“We are excited to embark on this journey with Avocor,” Frank Ko, CEO and president of AUO, states. He continues, “This strategic move will further strengthen our presence in the solution business, while also amplifying the cross-business synergies within the AUO group. Together, we are poised to set new benchmarks in the display industry, leveraging our combined expertise to deliver unparalleled value to our customers and partners.”
AUO Display Plus and Avocor are Driving Innovation
The acquisition will strengthen both AUO Display Plus and Avocor’s capabilities in several key areas. These include the following:
- Roadmap Expansion: Increased investment in R&D to bring innovative display solutions to market, addressing customers’ evolving needs.
- Accelerated Go-to-Market Strategies: Enhanced marketing and sales efforts to rapidly introduce new products and expand global reach.
- Supply-Chain Enhancements: Optimized supply-chain management to ensure seamless production and delivery of high-quality products.
- Regional Operations Alignment: Strengthened regional operations to better serve customers and partners worldwide.
“All sides are incredibly excited to welcome Avocor into the AUO Display Plus family,” Scott Hix, CEO of Avocor, GM of AUO Education and Enterprise Business Group and CMO of ADP, enthuses. He declares, “This acquisition is a testament to our shared vision and commitment to innovation and excellence. With AUO and ADP’s support, Avocor is positioned for unprecedented growth and expansion, enhancing our product roadmap and accelerating our go-to-market strategies.”
Avocor will, of course, become a core part of the AUO Display Plus family. Thus, the principals say, the union will usher in a new era of innovation and growth. With a shared vision of pushing the boundaries of collaboration and display technology, ADP and Avocor have reaffirmed a commitment to delivering high-quality products and solutions to a global customer base.
Read our past coverage of AUO Display Plus and its plans to acquire Avocor in our news archive.
