Clarity Visual Systems, based in
Clarity’s purchase of Synelec assets, a business with $30 million in reported revenue in 2004, includes its headquarters facility in southwestern France and approximately 70 employees, increasing Clarity’s total number of employees to 185 worldwide.
The purchase adds over 1,200 display system installation sites around the globe to Clarity’s installed customer base which includes NASDAQ in
“This acquisition expands our market share globally and allows us to aggressively penetrate the high end control room markets where Synelec has been so successful-in transportation, telecommunications and utilities,” said Paul Gulick, chief executive officer of Clarity.
Gulick said initially both companies would continue to market their respective product lines through established channels. Over time, Clarity will look for opportunities to integrate the brands and product lines to take advantage of synergies as they emerge.
Clarity plans to maintain Synelec technical and sales offices and intends to retain a majority of the Synelec team. With the acquisition, Clarity will add international sales offices in