TORONTO — An Ontario-based designer, manufacturer and marketer of video and audio infrastructure products for the TV industry has agreed to acquire the Studer brand, technology and all related assets in a transaction expected to close by March 30.
Selling the brand to Evertz Technologies Ltd. is HARMAN International.
“We’re pleased to welcome this iconic audio brand to our Evertz family of products and solutions that has been serving the broadcast market for more than 50 years,” said Brian Campbell, EVP Business Development at Burlington-based Evertz. “We also welcome the many valued Studer customers who depend on Studer technology and reliability to deliver the best audio to their audience.”
Campbell says Evertz will be investing in Studer for developing next-generation products to meet broadcast customers’ future needs while creating synergies between its current product suite and the Studer product environment.
“We saw an exciting opportunity to evolve these premium products with new products and feature development while having Studer continue to redefine how broadcast audio is produced,” Campbell said.
From The Beatles recording Sgt. Pepper’s Lonely Hearts Club Band at EMI/Abbey Road Studios on a Studer tape deck, to Studer digital mixing consoles in the control rooms at the world’s most prestigious and modern broadcast facilities, Studer has been an iconic audio brand for more than 70 years.
HARMAN acquired Studer in 1994.
“We are very pleased that the stewardship of the iconic Studer brand will continue on under Evertz’s leadership,” said Brian Divine, President of HARMAN Professional Solutions. “The HARMAN team will be working very closely with Evertz over the coming weeks to assure a seamless transition for the customers.”