Another M&A is shaking up the AV industry this week with Hall Technologies‘ acquisition of Atlona’s product portfolio from Panduit. Hall Technologies, is, of course, the Dallas, Texas-based, provider of advanced signal management solutions. This strategic acquisition will strengthens the company’s position as a provider of AV distribution, control and connectivity solutions for enterprise, education and government markets.
With Atlona’s reputation in AV-over-IP (AVoIP), collaboration systems and signal routing technologies, the portfolio is a natural complement to Hall Technologies’ existing product ecosystem. The integration of Atlona’s solutions will expand Hall Technologies’ reach, enhance its R&D capabilities, and accelerate the company’s vision of delivering end-to-end AV experiences across industries.
Hall Technologies to Expand Global Presence with Atlona Acquisition
“This acquisition represents a major milestone in our growth strategy,” says Ken Eagle, CEO of Hall Technologies. “Atlona brings a history of innovation, engineering excellence and a loyal customer base. We’re excited to build on that legacy and continue driving progress in professional AV technology.”
Hall Technologies says it will begin integration efforts immediately, with continued support for existing Atlona customers, partners and products. The acquisition reflects Hall Technologies’ efforts to grow its global presence and focus on scalable, high-performance AV solutions.
“Joining forces with Hall Technologies is an exciting step forward for Atlona,” says Thorsten Goecke, general manager, Atlona International. “This partnership combines decades of experience, innovation and market leadership to create even greater value for our customers worldwide. Together, we’ll accelerate growth, expand our global footprint, and continue delivering the high-performance AV solutions our partners have come to expect-now with even more resources and reach.”
The financial terms of the transaction were not disclosed.
