News

STRATACACHE acquires lottery and casino signage vendor Carmanah Signs

November 12, 2013

Dayton, Ohio-based STRATACACHE, a provider of digital signage, content distribution and enterprise video acceleration technologies, today announced its acquisition of Carmanah Signs, a vendor in lottery and casino signage.

The acquisition of Carmanah Signs significantly expands STRATACACHE's presence in the gaming industry, and the company aims to accelerate digital signage adoption in the marketplace by combining both companies' respective strengths to further enhance innovation and product features in the gaming industry, according to the announcement.

Based in Calgary, Canada, Carmanah Signs delivers more than 100,000 jackpot digital signs worldwide, giving it a significant presence in the gaming signage industry, the announcement said. Selling primarily to the lottery and casino segments, Carmanah Signs actively markets to the U.S., Canada, Europe, Latin America and South Africa, along with parts of Asia.

With lottery as its largest market, Carmanah Signs specializes in window and countertop digital jackpot signs while also providing Table Limit Signs within the casino sector.

"The acquisition of Carmanah Signs complements our growing digital signage product portfolio," STRATACACHE CEO Chris Riegel said in the announcement. "The new division allows STRATACACHE to further grow our business in the gaming marketplace and leverages an outstanding team at Carmanah."

Carmanah Signs will continue to operate under the direction of CEO Cameron Waldie, and the company's current management team will remain in place, the announcement said.

"The Carmanah team is very excited about expanding our digital sign offerings to global lottery and casino customers," Waldie said. "The gaming industry has its own unique signage needs and applications, and we look forward to serving those needs with the combined strengths of STRATACACHE and Carmanah."

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