Leading manufacturer of display and video wall solutions, eyevis, has announced acquisition of majority stake in STiNO Media AG from Landsberg, Germany.
STiNO is a globally operating manufacturer of innovative digital signage software solutions.
eyevis and STiNO with this deal combines their resources in development and sales and establishes trends for high-quality hardware and software complete solutions in the digital signage sector.
Heiko Schaich, CEO of eyevis, said, STiNO Media AG offers very innovative software solutions for the operation of digital signage networks and the communication with interactive digital commercial displays.
Franz Hintermayr, founder and associate of STiNO Media AG and new CEO of STiNO eyevis GmbH said, The acquisition is a win-win-situation for both companies.
will be transformed into the new STiNO eyevis GmbH, the company declared.
With the purchase, eyevis and STiNO will bring together their resources in development and sales to offer complete, high-quality hardware and software solutions to the digital signage sector, the company said.
The purchase of the majority stake of STiNO Media AG is another move in the growth strategy of eyevis GmbH with the aim, it said, of becoming "the leading full-service provider of display and video wall systems for the areas of control rooms, presentation and information, broadcast as well as virtual reality and simulation worldwide." Already in February of this year, eyevis purchased the company Teracue from Odelzhausen, Bavaria.
With the majority takeover of StiNO by eyevis, the brand, name and patent rights as well as all employees and the management will remain as before, the declaration said.