Northridge, CA (June 19, 2015)—Harman announced at InfoComm that it has acquired networked AV product manufacturer SVSi.
Based in Huntsville, Alabama, SVSi manufactures and sells a variety of AV over IP products, including high-performance encoders and decoders, windowing/wall processors, and audio transceiver, video recorder and management software. SVSi will join Harman Professional’s Video and Control Strategic Business Unit (SBU) led by Rashid Skaf and marketed under the AMX by Harman brand. Terms of the transaction were not disclosed.
“Harman was early to recognize the emergence and potential of AV over IP,” commented Blake Augsburger, president Harman Professional Division. “For more than six years, we have been steadily introducing new products to serve growing customer demand for IP-based products. With the acquisition of SVSi, we will accelerate our development plan with the addition of extraordinary expertise from the SVSi team.”
“As an independent company, SVSi has enjoyed tremendous success and acceptance of our networked AV solutions,” remarked Andy Whitehead, SVSi President and Founder. “Our products have been recognized with numerous industry awards and, more importantly, been adopted by a wide number and variety of leading organizations in the entertainment, government, education, and corporate sectors. By joining forces with Harman, we can deliver the benefits of our solutions to more customers, faster than we could do on our own.”