Kramer buys Wow Vision

Kramer Electronics has acquired wireless collaboration software development company Wow Vision.

The deal was cemented with Kramer purchasing the remaining 50% of the outstanding shares of Wow Vision.

Gilad Yron, CEO of Kramer, said: “This acquisition will strengthen our R&D capacity and enable us to continue accelerating Kramer’s growth, especially in the strategic areas of networked software-based solutions, collaboration, unified communication and cloud technologies.

“It also demonstrates our ongoing commitment to investing in innovative technologies that offer our customers and partners better and smarter automated solutions to collaborate, share, and communicate in hybrid working and learning environments.”

The move comes after Kramer was acquired by private equity fund Fortissimo Captial earlier this year.

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