October 29, 2020
Digital signage software provider NDS has agreed to merge with smart digital building management company LCS. These companies will provide workplace management and digital signage solutions to clients, according to a press release.
"As NDS we have seen a trend of consolidation in digital signage with acquisitions and mergers under global digital signage software companies during the last few years. To secure our position and accelerate growth we decided last year to start looking for a strong partner," Willie Jan Bons, former CEO and new CTO of NDS, said in the release. "I am glad that with LCS we have found the ideal partner for us. Their expertise and products for workspace management enable us to extend our product portfolio. Moreover, because we already had a long-term business relationship it feels like a natural fit."
As part of the merger, Philipe Bonnargent, head of LCS, will become the CEO at NDS.
"With our joined focus on Smart Digital Building we are going to operate in a market which is much bigger than just digital signage and is expected to show substantial growth in the coming years," Bonnargent said in the release. "By combining our products and services we will be able to reposition PADS4 and Crystal as one unique solution on the Digital Smart Building market: both single platform (SAAS or On Premise) and modular."