This greatly enhances our ability to offer full end-to-end solutions with a wider global reach," says Ifti Ifhar, CEO of ComQi. "This collaboration will benefit our customers and grow ComQi sales and market share at a faster pace.
NEW YORK (PRWEB) March 15, 2018
ComQi, a content management software and solutions provider based in New York, has strengthened its capabilities in the global digital signage market through the strategic acquisition by Taiwan’s AU Optronics Corporation (AUO).
The acquisition, completed in March 2018, equips ComQi with a full range of digital signage hardware, software and professional services, and complements AUO’s position as a global leader in digital signage displays including advanced 4K UHD capabilities. AUO generated $11.5 billion USD in sales in 2017, primarily manufacturing flat panel LCD displays and related products for many of the world’s top electronics brands. AUO has generation 3.5 to 8.5 flat panel display production lines that produce everything from 1.1-inch to 85-inch LCDs for all types of display applications and holds more than 17,800 global patents.
ComQi will continue to operate as a separate business entity, with a primary office in Manhattan, satellite office in London, England and a large software/R&D office in the Toronto, Canada area.
“Display is a key element in digital signage projects. With ComQi now an AUO company, customers have direct access to high quality screen technology and a very competitive product portfolio,” says Stuart Armstrong, Group President of ComQi, “We think that is going to be good for the market, and good for our clients.”
Integrating with AUO provides ComQi with the resources and expanded relationships to accelerate growth of its business in North America, Europe and Asia. ComQi has one of the most established and respected cloud-based digital signage software platforms on the market, EnGage CMS, and provides end-to-end services: planning, procurement, project management, deployment and after-care support. ComQi software and services drive digital signage and interactive solutions for numerous global retail and food services brands.
“We aim to provide total digital signage solutions to customers,” says Paul SL Peng, AUO’s Chairman and CEO. “That’s why we saw the opportunity to combine with ComQi, and offer a complete hardware, software and services solution to our customers. The combination of upstream manufacturing and downstream services is really powerful.”
“We are very proud of the excellent customer work that has gotten us here and attracted such a global powerhouse as AUO. We complement each other,” says Ifti Ifhar, CEO of ComQi. “This greatly enhances our ability to offer full end-to-end solutions with a wider global reach. This collaboration will benefit our customers and grow ComQi sales and market share at a faster pace.”
About AUO
AU Optronics Corporation (AUO) is a global leader in display technologies, with a comprehensive, diversified portfolio of display products and services. Listed on the New York Stock Exchange and on the Taiwan Stock Exchange, AUO generated $11.5 billion USD in sales revenue in 2017. Headquartered in Hsinchu, Taiwan, AUO has more than 43,000 employees throughout its global operations spreading across Taiwan, Mainland China, Japan, Singapore, South Korea, the United States, and Europe.
For more information, visit http://www.auo.com
About ComQi
ComQi is a global leader providing a cloud-based Digital Signage & Shopper Engagement Technology that influences customers in-store through digital touch-points like in-store media, mobile, touchscreens, IoT & social media. Through ComQi’s EnGage CMS, ComQi enhances the shopper journey thus helping our clients drive traffic, increase sales & encourage brand loyalty.
For more information, visit http://www.comqi.com