Telecom News Hubb
Advertisement
  • Home
  • News
  • Telecom
  • Contact us
No Result
View All Result
  • Home
  • News
  • Telecom
  • Contact us
No Result
View All Result
Telecom News Hubb
No Result
View All Result
Home News

AVI Systems Acquires Neurilink for Northwest Expansion

admin by admin
December 22, 2022
in News


by Sharon Florentine • Dec 22, 2022

Systems integrator AVI Systems has acquired audiovisual design and integration firm Neurilink. Financial terms of the deal were not disclosed.

This is technology M&A deal number 1,039 that ChannelE2E has covered so far in 2022. See more than 2,000 technology M&A deals involving MSPs, MSSPs & IT service providers listed here.

AVI Systems Acquires Neurilink

AVI Systems, founded in 1974, is based in Eden Prairie, Minnesota. The company has 756 employees listed on LinkedIn. AVI’s areas of expertise include audiovisual systems design, integration, managed services, unified communications and digital media.

Neurilink, founded in 2012, is based in Boise, Idaho. The company has 42 employees listed on LinkedIn. Neurilink’s areas of expertise include video conferencing, digital media, display technologies, digital signage, interactive technologies, interactive displays, interactive whiteboards, audiovisual design and integration, audiovisual support, cloud video conferencing, wayfinding and audiovisual.

The acquisition expands AVI’s service footprint in the northwest U.S. and allows the combined companies to bring AV and unified collaboration services to more customers across Idaho, Washington, Oregon, Montana and Utah., the companies said.

Neurilink founder and CEO Michael Fornander will continue in a leadership role with AVI Systems. Bill Smith, Neurilink’s CFO, will become Regional Finance Manager at AVI Systems. All Neurilink employees will be invited to transition to AVI Systems, joining the company and its 830 employee-owners.

With this acquisition, AVI will have 28 office locations in the United States. The firms said the company is also the major shareholder in GPA, which enables AVI to serve large, multinational organizations that have operations around the world.

AVI Systems Acquires Neurilink: Executive Insights

Jeff Stoebner, founder and CEO, AVI Systems

Michael Fornander, founder and CEO, Neurilink

Jeff Stoebner, CEO of AVI Systems, commented on the news:

“This acquisition immediately expands AVI’s capabilities in the Northwest United States. Neurilink is an award-winning company. They’re consistently ranked on the SCN Top 50 and have won local and regional awards for their work. In addition, Neurilink was named to the Inc. 5000 list of fastest growing companies in 2020. Combined, we will be able to serve organizations of every shape and size throughout the Northwest and beyond – a win-win for both of companies.”

Neurilink founder and CEO Michael Fornander added:

“Becoming part of AVI Systems is a great next step for us. I have always been focused on employee culture, and our two companies align perfectly, which means more opportunity for employees. Plus, AVI has the infrastructure and ability to serve organizations throughout the United States and around the world. As a single entity we can grow and prosper together.”

 



Source link

Previous Post

Tesla’s adding non-Superchargers to its navigation in Europe and Israel

Next Post

Court dates announced—who has the luxury of time will win

Next Post

Court dates announced—who has the luxury of time will win

Recommended

Sirius XM flaw could’ve let hackers remotely unlock and start cars

December 3, 2022

5 Channel Partner and MSP Market News Updates: 11 November 2022

November 11, 2022

Four million smartphones users in Canada willing to upgrade to 5G

November 27, 2022

CDW Canada Hybrid Cloud Report Shows Increased Need for FinOps

September 23, 2023

Midea, China Mobile, and Huawei Win GSMA GLOMO’s ‘5G Industry Challenge Award’ for a 5G Fully-Connected Factory in Jingzhou

February 28, 2023

Don't miss it

News

Huawei and China Mobile jointly released Green Management White Paper

October 1, 2023
Telecom

AI Companion Sends Summaries of Everything Said in Zoom

September 30, 2023
News

Charging Systems for Standalone 5G — A new paradigm for monetization

September 30, 2023
News

Tata Communications Limited to Acquire Kaleyra, Inc.

September 30, 2023
News

Why New York and other cities still aren’t prepared for floods

September 30, 2023
News

Notice on Rotating Chairman Tenure

September 30, 2023
Telecomm-white

© Telecomm News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • News
  • Telecom
  • Contact us

Newsletter Sign Up

No Result
View All Result
  • Home
  • News
  • Telecom
  • Contact us

© 2022 Telecomm News Hubb All rights reserved.