Corum Digital Corporation expands its digital signage business with the acquisition of The MediaTile Company brand of products.
Vaughan, Ontario – August 6, 2012 – Corum Digital Corporation announced today that it has acquired the assets of California-based The MediaTile Company, a privately-held digital signage company based in Scotts Valley, California, which specializes in the development of innovative SaaS-based digital signage products.
This acquisition complements and strengthens Corum Digital’s existing suite of digital signage products marketed under the firmCHANNEL brand. Corum is excited to welcome the MediaTile team to its corporate family.
“MediaTile’s long history of innovation in Digital Signage dates back to 2003 and includes industry leading products such as Digital Sign in a Box, MediaCast Video Presence, MediaCast CMS and HumanKiosk that truly changed the face of digital signage.” said Amedeo Tarzia, President and CEO of Corum Digital Corporation. “This combined with hundreds of loyal customers and distributors globally, that represent thousands of customer touch points, with some individual deployments approaching 1,000 screens, made this acquisition a very important one for Corum Digital in strengthening its position as a leader in the digital signage space.”
“This is a great opportunity for The MediaTile Company and our customers and distributors alike,” said Chuck Gose, MediaTile’s VP, Sales and Marketing. “With the help of the Corum team, we will continue to grow our product lines and customer base while providing additional resources to all of our global clients.”
MediaTile is a leader in cloud-based digital signage solutions. Delivering targeted information and personal interaction tailored to a viewer’s specific wants and needs. MediaTile was the first company to deliver the advantages of cloud-computing using the unique combination of cellular connectivity and a SaaS-based software offering.
Corum Digital Corporation was initially an R&D spin off of parent company Corum Corporation, who acquired the firmCHANNEL brand of products in 2011, to complement its Smart Phone Portal, RFID and NFC interactive Digital Signage components. Corum Digital Corporation is excited to add the The MediaTile Company brand of products to its existing portfolio of digital signage products.
For more information, please visit www.mediatile.com.
Amedeo Tarzia, President/CEO, Corum Digital Corporation
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Corum Corporation solidifies its Digital Signage Strategy with the Acquisition of eLiquidMEDIA’s firmCHANNEL brand of products.
|Vaughan, Ontario – October 18, 2011 – Corum Corporation announced today that it has acquired the firmCHANNEL brand of Digital Signage products from eliquidMEDIA International, a privately-held software development company based in Windsor, Ontario, Canada, that specializes in the development of Digital Signage software. The acquisition solidifies Corum Corporation’s planned entry into the Digital Signage Market space.“The firmCHANNEL acquisition strengthens our interactive Digital Signage component offerings, by allowing Corum to deliver a complete end to end solution,” said Amedeo Tarzia, President and CEO of Corum Corporation. “The firmCHANNEL development team exhibits the kind of passion and commitment to excellence that will blend perfectly with our Digital Signage R&D lab”.eliquidMEDIA began development of the firmCHANNEL Digital Signage Platform in 2005 and has since built a strong global channel of resellers and distributors who have collectively deployed in excess of 10,000 digital signs. The firmCHANNEL development team has focused its efforts on strengthening its offering with innovation in its Digital Signage technology, like the upcoming release of its firmDROID Android based Digital Signage player software. This software will be the first of its kind on the market and will introduce ultra-low cost Android based players that perform at or better than existing higher cost PC based players.
Corum Corporation has focused one of its R&D labs on building interactive components using RFID and NFC technologies to make Dynamic Digital Signage more engaging to the consumer for the better part of 2 years. These cutting edge interactive components will each be integrated into the firmCHANNEL brand of products to provide the most complete and innovative Digital Signage Content Delivery System on the market today.
DisplaySearch, iSupply, PQ Media, ABI Research, Northern Sky Research, Frost & Sullivan and other analysts all point to growth in the 20% Compound Annual Growth Rate (CAGR) for the Digital Signage Industry.
Corum Corporation will be spinning off its R&D lab and the acquisition of the firmCHANNEL brand of products into a new subsidiary called Corum Digital Corporation. For more information, please visit www.corumdigital.com.