Daktronics Acquires AJT Systems To Improve Live Broadcast Graphics
Daktronics announces the acquisition of AJT Systems services and technology to expand the company’s control system features and offerings.
These new features, offerings, and services add to the entertainment for live events customers through the integration of broadcast-style graphics, including real-time live to air graphics rendering and video server systems.
“The acquisition of AJT Systems allows us to expand our offerings for sport and interactive applications,” says Daktronics President and CEO Reece Kurtenbach. “Over time, we will incorporate the technologies they have developed into Daktronics control systems. Our goal is to create a powerful platform for event producers to create a compelling ‘show’ for their fans. We are excited to see our customers take advantage of these new capabilities in future product releases as we continue to make our industry-leading offerings even stronger.”
“We’re looking forward to the new opportunities presented by joining the Daktronics team,” says AJT Systems President Ron Linares. “Being such a large and well-known company in multiple industries, Daktronics will offer new and exciting challenges for our group that we’re excited to take on. We look forward to delivering on the innovation the AJT team is known for as we integrate with Daktronics technology platforms. We would also like to thank Trafalgar Capital Partners LLC for connecting us and serving as the exclusive investment banking advisor to AJT on the transaction.”