CoolSign, Disposal, Planar, Last Bits Of…

Chris Sheldrake

And so the long running saga of a screen hardware company owning a digital signage software provider and knowing what to do with it comes to an end – yesterday Planar Systems, Inc. (NASDAQ:PLNR) disposed of the last pieces of CoolSign that it had not sold to Bally Technologies back in November 2008

And the new owner of this piece of business? A recently registered, unknown business called CS Software Holdings LLC. – an LLC registered in Delaware (a normal corporate haven in the US) but interestingly only setup on 15th December 2007.

CoolSign was sold for cash but further terms of the transaction were not disclosed.

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