DURHAM, N.C.- February 16, 2012- SMT (SportsMEDIA Technology Corporation), today announced it has acquired Jacksonville, Fla.-based Information and Display Systems, LLC, (IDS), a leading global provider of technology solutions for the sports industry. This strategic acquisition merges two highly respected and established technology companies who together have more than 50 years of combined industry experience.
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IDS provided on-course technology and display services for the 38th PLAYERS Championship in Ponte Vedra Beach, FL. IDS has annually provided three large-format video displays located on the 18th Green and the signature 17th “Island Green”. In 2011, IDS partnered with The Players to help support their new effort in creating a more comfortable experience for the fans- Read More
For the 2012 AO Series, IDS will provide a range of services to Brisbane, Sydney, and Hobart, including scoring services, full color video displays, content management, timing services, and television services. IDS is proud to be associated with Tennis Australia to deliver state of the art services for the AO Series, leading to the AUS Open.
For over 20 years, IDS has been involved with the Australian Open in every aspect of this Grand Slam. Beside our core services, IDS has helped Tennis Australia deliver enhanced and tailored services for the fans, media, broadcast, players, and sponsors. In 2012, IDS is proud to launch the AO Vision services, an IPTV solution that integrates live and historical data (scoring and video).
One of our most long-term partners, Indian Wells and IDS continue working together to deliver innovative services with “On Demand Content, ” Information Towers, Line Calling replay services on all courts, and Superwall services, creating a Grand Slam environment and unique experience for all constituencies of the event.
Entering 26 years of services with SE Open, IDS have launched many new services in Miami including our serve speed system. With today current technologies, IDS has helped SE Open deliver their HD CCTV with new content, upgrade the fans’ video displays, and implement a content management system for all courts. We are proud of our long term relationship with SE Open and we look forward to 2012.
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IDS and SMT claim no ownership or other interest in the names and logos shown on this web site (other than IDS, Information & Display Systems, SMT, Sports Media Technology, and CauseNFX).
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In 2011, IDS partnered with The Players to help support their new effort in creating a more comfortable experience for the fans. To help support this objective, IDS provided two 10mm SMD displays within the newly created “Patio” and “Grove” fan comfort areas. IDS also provided three high-definition, closed-circuit television channels. These channels provided Championship scoring content, sponsor branding, and tournament information which wrapped around the live broadcast. In addition to the video display upgrades and closed-circuit television channels, IDS also provided a complete redesign of the on-course video display graphics. The newly designed graphics followed the set branding guidelines for the event, seamlessly blended into the surrounding on-course signage and made the content easier to read from various viewing points. As part of this design process, IDS provided the guidelines and assets for the PGA TOUR to follow when designing the on-course scoreboards to match the new PLAYERS video display graphics design.
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IDS Acquisition Expands SMT Product Portfolio and Geographic Footprint Providing IDS with Growth Capital and New Markets
DURHAM, N.C.- February 16, 2012- SMT (SportsMEDIA Technology Corporation), today announced it has acquired Jacksonville, Fla.-based Information and Display Systems, LLC, (IDS), a leading global provider of technology solutions for the sports industry. This strategic acquisition merges two highly respected and established technology companies who together have more than 50 years of combined industry experience. SMT is a premier provider of live data and graphics integrations products and services to broadcasters of high-end live sports events. IDS is a premier provider of live in-stadium, event scoring, statistics and display products and services to sports organization and high-end sports event presenters
"SMT and IDS combined as one company, with its inherent synergies, will prove to be greater than the sum of the two companies apart," said SMT President and CEO Gerard J. Hall. "This will be one of those rare and elusive strategic partnerships where one plus one really does equal three."
Key characteristics of the transaction include: (1) SMT will operate IDS as a wholly owned business unit of SMT; (2) Gerard J. Hall, SMT founder and CEO, will become CEO over both companies and will retain the title of President of SMT in Durham, N.C.; (3) Rallis Pappas, IDS co-founder, will retain the title of President of IDS in Jacksonville, Fla.; (4) IDS will continue to operate intact from Florida as an IDS-branded division of SMT; (5) IDS personnel, senior management and functional departments will remain in place.
SMT's acquisition of IDS opens new markets for SMT's current products and services by IDS providing SMT (1) access to a new sector of live event scoring and display systems; (2) better integration opportunities to the official scoring systems for golf, tennis, NBA, NHL, UFC and the Dew Tour; and (3) a toehold into Europe, Australia and Asia.
SMT's acquisition of IDS opens new markets for IDS's current products and services by SMT providing IDS (1) greater access to live event broadcasters; (2) access to markets outside of sports as SMT expands outside of sports; (3) a stronger financial and corporate structure from which to operate; and (4) access to growth capital for new product development.
"SMT and IDS both have such a dedicated and talented team of employees and the mutual goal for the combined company is that together we become more scalable, more robust and more capable, from a resource perspective, so we may better serve our clients now and in the future," said IDS President Rallis Pappas. "SMT and IDS are very excited that this transaction moves us further down the path to that noble end."
About SMT
Founded in 1988, SMT pioneered the first real-time scoring and wireless data system. SMT continues to develop and deliver customized products and services to enhance the production quality and viewers' experience of sports and entertainment events. The company has won 20 Emmy awards since 1993. SMT's customers include all major broadcast television companies as well as several regional and specialty sports networks. SMT products play an integral role in the presentation of the world's most popular events, including the Super Bowl, NBC Sunday Night Football, the Indianapolis 500, March Madness, the Triple Crown, NASCAR, NBA on TNT and NHL. For more information, visit smt.com.
Media Contact:
Patricia G. Hopkins
Vice President, SMT Marketing
p.hopkins@smt.com
919-354-4722 or 919-602-4392