February 5, 2020 by Dave Haynes
A couple of long-running digital signage CMS companies have linked up, with NYC-based ComQi[1] acquiring Minneapolis-based JohnRyan[2].
The deal, which is formalized today but comes with no details on $$ or terms, sees both companies operating as their own entities and brands, but with some cross-pollination expected on things like sales and R&D.
ComQi, which is owned by the massive Taiwan display manufacturer AUO, will stay focused on mainstream retail, while JohnRyan will continue to focus primarily on the financial services/retail banking sector that it has been servicing for some 35 years.
Both companies will operate under the AUO umbrella.
Says PR:
“Our acquisition of ComQi two years ago, a...