Communication technology manufacturer Televic Conference has acquired specialist conference company Media Vision.
UPDATE
Since the story first broke Taiden and Televic have both added comments in interviews with Inavate EMEA editor Paul Milligan.
Christy Fang, general manager, overseas sales department, Taiden said; "Taiden and Media Vision had been cooperating over the years in some of the European and North American markets. Before this acquisition Media Vision had approached Taiden several times earlier with the same offer, but Taiden declined after a prudent review on its bigger picture. Now that the partnership came to an end, we are pleased to inform our customers in Europe and North America that Taiden is currently strengthening its team in Europe and North America by staffing more veteran sales and technical members to directly support and provide service, ensuring more prompt response and better customer experience."
"In the meantime, Taiden will keep increasing its investment into research and development, insisting on dedication, ingenuity and user-centered strategy. Looking forward, Taiden will promote integration and open cooperation with other industries to transform from a manufacturer of conference systems into a one-stop solution provider of digital AV systems, building a win-win ecosystem with all the partners."
Speaking to Inavate EMEA’s editor Paul Milligan earlier today (13 Sept), Bart Deschodt, Televic general manager said the deal included “all the people involved with the conference business, and the key companies in the US, France and Switzerland have all been acquired.”
He confirmed Media Vision as an organisation will disappear at the end of the year, with all people being integrated in to the Televic organisation.
Televic will continue to assist Media Vision’s Taiden customers. Deschodt said the main focus for Televic in making the deal was strengthening its organisation in North America, “but (the deal) was a complete package. We took everyone because also in Europe they have quality people who are experts at selling complex systems. They will allow to fuel growth in our US and European organisations.”
SEE FULL TAIDEN RESPONSE HERE
original story
Media Vision operates in North America and Europe and has had a long relationship with Chinese congress manufacturer Taiden, handling large Taiden installations often in prestigious institutions including the UN and the Council of Europe.
Over the years Media Vision has grown its own portfolio of services and products including the recent launch of Virtual Council, a platform to support policy makers with a dedicated virtual meeting platform.
With the acquisition, Televic will bring on board conferencing specialists across Europe and North America with a great understanding of the congress market, knowledge regarding conferencing technologies and strong relationships with governmental organisations.
In a press release, Bart Deschodt, general manager of Televic Conference, said: “Media Vision has a DNA that is a perfect match for Televic Conference. With their expertise in conferencing, the integration of the Media Vision team into our organization, will strengthen our existing sales, marketing, and support teams. Joining forces gives us a unique opportunity to become more customer-centric. This is critical to foster long-term relationships with customers and partners.”
Fardad Zabetian, founder and CEO of Media Vision, added: “It’s been a great journey to grow Media Vision across the world over the last 20 years as a conferencing expert with a global presence. I’m excited for the Media Vision team to continue to grow their expertise and passion in the conferencing environment at their new home within Televic Conference.”
Inavate caught up with Zabetian after the news broke and Media Vision representatives have been contacted for comment, so we’ll update this story as we get more news.