Barco (manufacturer)

Barco NV

Type	Public company
Traded as	Euronext: BAR
Industry	Display technology
Founded	1934
Founder	Lucien De Puydt
Headquarters	Kortrijk, Belgium
Key people	Jan De Witte, CEO
Products	video projectors, video displays, and related products.
Revenue	€1.102 billion (2016)
Number of employees	3,500 (2016)
Website	www.barco.com

Barco NV is a display hardware and software manufacturer of laser projectors, digital cinema projection, video projectors, DLP projectors, Image Processing, LED displays, flat panel displays, LCD and LED video walls, medical displays, point of care devices, 3D sound, digital signage, wireless collaboration tools, automated luminaires, digital lighting, lighting controls, display controllers.^[1]

Barco is headquartered in Kortrijk, Belgium, and has its own facilities for Sales & Marketing, Customer Support, R&D and Manufacturing in Europe, North America and Asia-Pacific. Barco is active in more than 90 countries and employs 3,500 employees worldwide. Barco posted sales of 1.102 billion euro in 2016.^[2]

Active markets

Barco designs and develops networked visualization and collaboration products for the entertainment, enterprise, and healthcare markets.

History

Barco is an acronym that originally stood for Belgian American Radio COrporation.

Acquisitions

Barco Graphics was the graphics division of the Belgian Barco Group. It was the result of the 1989 merger of Digitized Information Systems Corporation (D.I.S.C.), Aesthedes and Barco's own "Creative Group".
In 1997, Barco acquired EIS (Electronic Image Systems), a manufacturer of CRT projectors for the flight simulation market.
In 1998, Barco ETS, now Ucamco acquired Gerber Systems Corp., a manufacturer of plotters and automatic optical inspection (AOI) systems for printed circuit boards.
In 1999, it acquired Metheus Corporation, a Tektronix spin-off and manufacturer of professional graphics controllers .^[3]
In 2004, it acquired Voxar, a 3D medical imaging software company
In 2004, it acquired Folsom Research, Inc, whose product lines cover image processing, image communication and image functionality & interactivity.
In 2008, it acquired High End Systems, an automated luminaires, digital lighting and lighting controls company
In 2010, it acquired Fimi, a company specialized in medical imaging
In 2010, it acquired all intellectual property of Element Labs, a manufacturer of LED equipment
In 2010, it acquired dZine, a Belgium-based company specialized in Digital signage
In 2012, it acquired IP Video Systems, a company specialized in networked visualization
In 2012, it acquired JAOtech, a manufacturer of patient entertainment and point-of-care terminals for hospitals,
In 2013, it acquired AWIND, a manufacturer of hardware and software for wireless presentation systems
In 2013, it acquired projectiondesign®, a manufacturer of projection technology
In 2014, it acquired X20 Media Inc, an enterprise communication specialist
In 2014, it acquired IOSONO GmbH, a 3D audio expert
In 2015, it acquired Advan Int'l Corp, a manufacturer of LCD displays
In 2016, it acquired Medialon Inc, a US based company
In 2016, it acquired MTT Innovation Inc., a Canadian developer of next-generation projection technology (HDR)

Divestments

In 2002, Barco Graphics was acquired by Danish Purup-Eskofot, and renamed Esko-Graphics, which was again renamed Esko in 2006.^[4]
In 2007, BarcoVision was acquired by Itema Group from Bergamo, Italy.^[5]
In 2008, Barco sold its Advanced Visualisation (AVIS) group (the previously acquired Voxar)^[6] to Toshiba Medical (TMSC).^[7]
In 2014, Barco divested a wholly owned subsidiary of Barco NV, Barco Orthogon, based in Bremen, Germany, to Exelis.
In 2015, Barco's Defense & Aerospace division was sold to US-based Esterline Technologies Corporation (NYSE: ESL).^[8]

Management

CEO 2016 - Jan de Witte

CEO 2008 - 2016 Eric Van Zele
CEO 2002 - 2008 Martin De Prycker
CEO - 2002 Hugo Vandamme

Barco Silex

Barco Silex is a micro-electronic design house established in 1991, that belongs to the Barco group and has both offices and design teams in Belgium and France.^[9]

References

↑ "Barco Makes Meetings Efficient For Businesses - CXOtoday.com". www.cxotoday.com. CXOToday News Desk. Sep 6, 2016. Retrieved 12 September 2016.
↑ Archer, Robert. "Meridian Audio and Barco Partner to Create Seamless Audio/Video Experiences". www.cepro.com. Retrieved 12 September 2016.
↑ "acquires Metheus Corporation in U.S". Barco. Retrieved 2014-02-04.
↑ http://www.barco.com/en/News/Press-releases/barco-graphics-and-purup-eskofot-to-merge.aspx
↑ "signs agreement with Italian Itema to divest its division BarcoVision". Barco. 2007-07-19. Archived from the original on 2007-08-08. Retrieved 2014-02-04.
↑ (2008-11-21). "Barco verkoopt verlieslatende Voxar: De Tijd". Tijd.be. Retrieved 2014-02-04.
↑ "Investors | Barco sells Advanced Visualization business to Toshiba". Barco. 2008-11-21. Archived from the original on 2009-02-04. Retrieved 2014-02-04.
↑ "Barco finalizes sale of its Defense & Aerospace division to Esterline". Barco. 2015-02-02. Retrieved 2015-02-11.
↑ "About Barco Silex". Barco-silex.com. Retrieved 2014-02-04.

External links

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