Amherst, N.Y. - Stampede,
distributor of professional audio video (ProAV) solutions, has acquired Spire
Global, the exclusive distributor of Sony video conferencing products in the
Financial terms of the
acquisition were not disclosed.
Spire is also the exclusive
master distributor for Compunetix video multiparty control units and
MediaPointe video streaming technology. The company also distributes Mirial
desktop video conferencing products.
"Acquiring Spire was a great
opportunity to widen our product portfolio with an additional specialty that is
meaningful to our dealer base," said Mark Wilkins, CEO of Stampede. "Our
strategy is to look for additional acquisition opportunities that will
strengthen our offering to dealers."
Spire will continue to exist
as a dedicated business unit, the distributor said. Stampede will maintain a
dedicated Sony video conferencing sales force, with the Spire Global staff to
act as product experts to the Stampede sales people and existing accounts.
Product and training classes specific to Sony video conferencing will be offered
to dealers at all of Stampede's upcoming Big Book of AV dealer shows and
through Stampede University, the company said.