STRATACACHE Ups the Stakes for the Gaming Industry with the Acquisition of Carmanah Signs
New acquisition solidifies STRATACACHE as major player in gamingDayton, OH, November 12, 2013 — STRATACACHE, a leading provider of scalable, high-performance digital signage, content distribution and enterprise video acceleration technologies, today announced its acquisition of the premier vendor in lottery and casino signage — Carmanah Signs. The acquisition of Carmanah Signs significantly expands STRATACACHE’s presence in the gaming industry. By purchasing Carmanah Signs, STRATACACHE aims to accelerate digital signage adoption in the marketplace by combining both companies’ respective strengths to further enhance innovation and product features in the gaming industry. Based in Calgary, Canada, Carmanah Signs is the leader in the gaming signage industry, delivering over 100,000 jackpot digital signs worldwide. Selling primarily to the lottery and casino segments, Carmanah Signs actively markets to the United States, Canada, Europe, Latin America, South Africa, along with parts of Asia. With lottery as its largest market, Carmanah Signs specializes in window and counter-top digital jackpot signs while also providing Table Limit Signs within the casino sector. “The acquisition of Carmanah Signs complements our growing digital signage product portfolio,” said Chris Riegel, STRATACACHE CEO. “The new division allows STRATACACHE to further grow our business in the gaming marketplace and leverages an outstanding team at Carmanah.” Riegel continued, “The gaming experience and partnerships that Carmanah Signs brings to the table in combination with our industry leading digital media offerings opens the door to a significant market opportunity in gaming.” Carmanah Signs will continue to operate under the direction of CEO, Cameron Waldie, and the company’s current management team will remain in place. “The Carmanah team is very excited about expanding our digital sign offerings to global lottery and casino customers,” said Cameron Waldie. “The gaming industry has its own unique signage needs and applications, and we look forward to serving those needs with the combined strengths of STRATACACHE and Carmanah.” For additional details regarding the acquisition, email firstname.lastname@example.org. STRATACACHE STRATACACHE is a privately-held provider of digital media solutions designed to help retailers and brands connect with consumers along the shopping journey. From digital signage to interactive media to in-store mobile engagement, STRATACACHE's solutions captivate, engage, and activate shoppers. For more information, please visit www.stratacache.com, follow us on Twitter @STRATACACHE or “Like” us on our Facebook page. Media Contact: Rachel Taylor email@example.com 937.224.0485
Carmanah Signs provides LED signage & digital sign networks to the global Lottery & Casino markets. Carmanah is a subsidiary of Stratacache Inc, a leading provider of scalable, high-performance digital signage, content distribution and enterprise video acceleration technologies.