QSC strengthens cinema offerings with USL buy
QSC has expanded its offering to the cinema industry with the acquisition of Ultra-Stereo Labs on September 30, 2016.
Jatan Shah, chief operating officer of QSC, said: “As the first major acquisition in the nearly 50-year history of our company, we naturally wanted to find a company that would be an excellent strategic fit for QSC.
“We recognise the many valuable contributions that USL has made to the cinema industry over the years, and are confident that the integration of the two companies will provide an even more powerful total value proposition for our customers. The two companies are complementary in terms of product offering and how we view our commitment to the customer.”
Barry Ferrell, QSC’s chief strategy officer and leader of the Cinema business unit for the company, added: “While there is certainly overlap in our domestic distribution channel, the breadth and depth of the QSC international distribution network will significantly expand the combined QSC/USL global footprint.”
Jack Cashin, USL founder will join the QSC product development team for USL branded products as part of the deal.