News
Finalized: CoolSign digital signage business acquired by CS Software Holdings
January 7, 2009
NEW YORK — CS Software Holdings LLC has announced the purchase of the CoolSign digital signage business from Planar Systems Inc. CoolSign is a digital signage software solution that has been successfully deployed by leading brands worldwide.
The CoolSign acquisition includes the application of the proprietary technology in all markets except gaming.
CS Software was recently formed and was led by an investment from Pegasus Capital Advisors, the firm that also invested recently in the leading experiential branding and technology firm, Creative Realities.
"I am thrilled that I was able to introduce Pegasus to the CoolSign team, and help put together a deal that is great for the digital signage industry and that our investors shared the vision for the possibilities for this business," said Jason Friedman, chief executive of Creative Realities.
The new company will be based in New York City, with the head software development office remaining in Oregon and sales offices in New York, Amsterdam and France.
In November, Planar sold a portionof CoolSign to Bally Technologies Inc., a maker of technology systems for gambling companies. That sale price was not disclosed.
Portions of this story were reported yesterday in thePortland Business Journal.
Included In This Story
Planar
When Image Experience Matters
Planar is a global leader in display and digital signage display technology, providing premier solutions for the world's most demanding digital signage environments.
Request Info
Learn MoreRelated Media
Featured Vendor
IBASE supplies a comprehensive range of digital signage media player products designed for single and multiple large displays that are ideal for a variety of applications and venues such as restaurants, retail stores, banks, airports and shopping malls to convey dynamic information and targeted promotions.
Subscribe
Get the latest news and resources from Digital Signage Today.
Recent Posts
Anthony James Partners designs display system for NHL Florida Panthers arena
Fivestone Studios names Pedro Andres Sanchez as executive creative director
Pointsmith, AllOver Media form Momentara brand
Italy tourism agency taps eyefactive to drive dynamic sightseeing experience
Koddi, ISM partner to simplify retail media buying
