Home Theater

Barco Acquires Major Stake in projectiondesign

OK. Well….color me not surprised. Barco just bought 61% (a majority stake) of projectiondesign. The remaining shares of projectiondesign will be held by minority shareholders including projectiondesign’s president Jorn Erickson, who will ostensibly, remain in charge of the firm. This means a few (well…a LOT) of things. Barco, huge as it is, cool-factor off the charts, and production heavyweight, hasn’t done a whole lot in the meeting-room/home theater/corporate market in recent years. Talk to any projection freak and the first word out of their mouth when asked about production/touring projection? How about LED tech on the road? Digital Cinema? “Barco”. How about your own home theater or a museum/boardroom install?…..silence.

So enter projectiondesign. They are kind of an elite thing here in the US…so exotic, so sleek and white, so…well…Nordsk. But they have a HUGE portfolio of well-designed, high-performance projectors that fill a definite (and huge) market. Not to mention they are an OEM manufacturer for some brands here in the US.

We’ll keep an eye on this one….here’s the press release from Barco:

Barco, the Belgium-headquartered global leader in digital visualization, announced today (more…)

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CEDIA Home Technology Event Cancelled

In a sign of the economic times and a bummer for the UK, CEDIA’s Home Technology Event- which was supposed to have been held at ExCeL London from 29-31- has been cancelled due to “lack of industry support”.
From the CEDIA UK News page:

HOME TECHNOLOGY EVENT CANCELLED FOR 2012
24th January, 2012
A lack of industry support has resulted in the cancellation of this year’s Home Technology Event.

Organised by Upper Street Events on behalf of CEDIA (the Custom Electronic Design & Installation Association), the Home Technology Event was scheduled to take place at ExCeL London from 29-31 May 2012.

In 2011, the show was organised for the first time by Upper Street Events and demonstrated positive growth. It featured over 250 brands from across the CI industry and attracted 5,559 attendees, a 7% increase on 2010 figures, including a significantly higher proportion of architects, interior designers and other specifiers. In spite of this strong showing, exhibitors have failed to sign up in sufficient numbers to make the event viable this year.

“We recognise that these are challenging times for the CI industry, alongside many other sectors of the economy,” says CEDIA Region 1’s Executive Director, Wendy Griffiths. “CEDIA has heavily subsidised the show since 2009 in response to demands from the industry for a dedicated CI industry platform in the UK. Without the support of the majority of suppliers from within the sector, we have decided that it is not in the best interests of its stakeholders to host the show. With time running short, we have consulted with our organising partners for the show, Upper Street Events, and, regrettably, have agreed to cancel the show for 2012.”

She adds, “However, we are keen to find alternative platforms for the residential custom installation industry that work for all parties in the future – exhibitors, visitors and CEDIA. CEDIA will continue to serve the needs of the industry through various events, which include Integrated Systems Europe, the CEDIA Awards and Connect with CEDIA. The Association will also collaborate closely with Upper Street Events going forward on other activities including the Gadget Show Live, which will feature a professional day on 10th April 2012. CEDIA Region 1 membership remains at an all time high and we are looking forward confidently to the rest of the year and beyond.”
For more information, contact Wendy Griffiths at CEDIA (wendy@cedia.co.uk) or Cheryl Carroll at Upper Street Events (cherylc@upperstreetevents.co.uk).

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