AU Optronics to buy Signage Software Company
Taiwan based AU Optronics (2409.TT) has announced the purchase of Rise Vision (pvt) based in Wichita, Kansas for $29.25m US. The company provides software that helps users design cloud based content for digital signage for schools and commercial applications. The software is based on the number of displays used (10 displays cost $1155/year, while schools get unlimited displays for $1,000/year). The software is hardware and OS agnostic so it will run on almost any OS and media player, and is used by a number of large organizations including Marriot (MAR), The Philadelphia Eagles (pvt), and the Chicago Public School System.
AU Optronics has a public display division that provides a broad lineup of displays that include small touch based displays to large video walls. This software will help to provide a simple and popular solution for content creation as part of a PID sale and goes toward AUO’s push toward providing non-generic displays that carry higher margins and are less subject to competition from Chinese panel producers. For those not familiar with the public display market here are a few examples:
AU Optronics has a public display division that provides a broad lineup of displays that include small touch based displays to large video walls. This software will help to provide a simple and popular solution for content creation as part of a PID sale and goes toward AUO’s push toward providing non-generic displays that carry higher margins and are less subject to competition from Chinese panel producers. For those not familiar with the public display market here are a few examples:
Public Display Examples - Source: AUOplus
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