Systems integrators and broadcast equipment manufacturers, TSL and IPE, have announced that they propose to merge. 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.
IPE’s Colin Judge will become MD of the combined systems company, and Chris Exelby will continue as MD of the Products company.
Judge commented: “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.
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.”
Completion of the agreement is targeted for this year.