Ahead of #InfoComm19, Barco continued to shed its AV assets by announcing that 7thSense Design had reached an agreement with them , in principle, with regard an intended sale of the Medialon brand and ShowControl activities.
The team behind 7thSense Design has led the acquisition to form a new company, Medialon Ltd., which will acquire the Medialon brand and ShowControl activities from Barco. The new company will then join the 7thSense Design family.
Medialon Ltd. will operate from Orlando, FL, with satellite offices in the United States, United Kingdom, and Canada. The company will provide dedicated solutions for the control, supervision, and monitoring of lighting, audio, video, and special effects at museums, attractions, and theme parks.
The sale is intended to be concluded by July 1, 2019. Is is our belief that Barco will eventually shed all of its AV business and focus solely on being in the medical equipment sector.