Kramer buys into BYOD with WOW Vision stake30 May 2014
Signal management company Kramer Electronics has acquired 50% of Singapore-based WOW Vision. WOW Vision’s products enable laptops and mobile devices to connect wirelessly to large displays and share content; the company currently serves corporate, hospitality and educational markets.
Kramer will now assume responsibility for worldwide branding and distribution of WOW Vision’s products, while WOW Vision will concentrate on product development.
“We have developed the industry’s leading technologies for facilitating the effective wireless connection of meeting participants to a large-screen display, and for providing unparalleled meeting collaboration in the corporate and education markets. We pride ourselves on our ability to develop unique technology solutions for this market segment,” stated Dr Dinesh Tripathi, CEO of WOW Vision. “In this relationship with Kramer, we believe we have found the perfect partner. Kramer has incredibly well developed worldwide distribution channels coupled with a very strong brand name recognised for producing reliable products, and supported by knowledgeable and dedicated employees.”
“We are very excited about adding WOW Vision to the Kramer family because BYOD, collaboration and wireless applications are increasingly critical in today’s converging AV/IT world,” stated Dr Joseph Kramer (pictured), CEO of Kramer Electronics. “WOW Vision offers the best solutions in the market and this partnership allows us to add these products to our already comprehensive line of solutions. Most importantly though, as WOW Vision continues to design and build cutting-edge product solutions to make meetings smarter and more productive in business and education environments, we can leverage the strengths of our Kramer brand, our marketing acumen and our worldwide distribution channels to get the products into the hands of our customers.”
Kramer Electronics will be launching the first two products from this collaboration at InfoComm: the Kramer VIA Collage and the Kramer VIA Connect.