Systems integrators and broadcast equipment manufacturers, TSL and IPE, have announced that they propose to merge.
The deal will bring a combined wealth of knowledge and expertise that spans almost 60 years of service to the broadcast industry, covering consultancy, design, project management and integration services across the full spectrum of TV and radio broadcast, as well as corporate AV installations.
The merger of the two holding companies combines IPE Systems and Products divisions with TSL’s Systems and Products divisions, although TSL Products will continue to operate independently from the merged business.
Additionally, the merger will add IPE’s Integrated Display Systems (IDS) line to the TSL Products’ portfolio of broadcast equipment, providing an international launch pad for the IDS platform into the global market.
Once the merger is concluded, IPE’s Colin Judge (pictured) will become managing director of the combined systems company, and Chris Exelby will continue as managing director of the products company.
Judge commented: “The combined forces of IPE and TSL will provide our customers with an unequalled range of systems integration services, as well as providing the development of cutting edge workflow tools, to guarantee smooth upgrade paths and assured future-proofing for a multitude of existing and new facilities.
“The nature of the systems integration business is changing. Companies that embrace these changes will prosper. Bringing our two companies together made a lot of sense; this consolidation means we can cover small or large projects in a global market,” Judge noted.
Judge added: “In the interim, both companies will continue to deliver their respective integration services, dedicated customer support and client focused solutions, for which they are both justifiably renowned. Our aim is to ensure that our merger only enhances the experience for current and future customers alike.”
David MacGregor, chairman and co-founder at TSL, added: “We’re very excited about the developments and opportunities that this technology partnership will bring to our broadcasters and non-broadcast clients worldwide. By sharing our knowledge and resources and by utilising our individually established practices and technology, together TSL and IPE can apply experience and skills to providing holistic solutions across the broadcast sector and other industries that is unmatched by any other independent provider.”
The terms of the agreement will remain confidential and completion remains subject to due diligence but is targeted for this year.