A pair of Charlotte, NC companies have merged, putting together a combined offer that includes things as diverse as low-cost media players, video analytics and interactive stations.
T1V identified Cenique’s technology as an opportunity to differentiate and expand its product offering, while extending the benefits of Cenique’s low-cost, Android-based digital signage solutions to its customers in retail, enterprise, education, hospitality, and trade show markets.
The move comes as Cenique Global has experienced rapid growth since its inception in 2013. “Cenique is a leader in digital signage solutions for both DIY and commercial integrators alike, offering a range of solutions that are low-cost, flexible, and that feature cutting-edge technology,” explains Mike Feldman, CEO of T1V. “What’s more – we’ve identified many opportunities to integrate Cenique’s AVA (anonymous video analytics) software with our own T1V Platform – providing additional features and metrics that we can now extend to our customers.”
“Leader” would be a bit of a stretch when compared to the top software firms out there, in terms of sales numbers and client roster, but whatever. When everyone says they’s the leader, the term is meaningless.
Ron Levac, General Manager of Cenique Global, adds: “We quickly recognized the benefits of working with T1V – together, with the expanded support structure and financial backing, we are in a better position to support our existing and future CMS clients, and to expand the scope of our flagship video analytics technology to new and exciting applications.”
I’d heard of Cenique, as Levac has ties to Rise Vision, where he was president a few years ago. But I know zippo about T1V, which just rebranded from T1Visions, which I also knew zippo about.
That company says it creates interactive touchscreen experiences. Deliberately large in size and incredibly durable, our Interactive Platform includes tables and walls, along with complementary digital signage and mobile apps. Our products are powered by patented multitouch, multiuser software that transforms public spaces into more dynamic environments. The T1V team is made up of design, engineering, business and technology minds alike – resulting in unrivaled support to our customers from start to finish.
Based in Charlotte, NC, T1V works with retail, events and exhibits, corporate, hospitality, and education markets around the globe. The company is recognized as one of Charlotte’s Fast 50 by the Charlotte Business Journal and named to the 2014 Inc. 500 by Inc. magazine.
No deal terms were announced, as the companies are, I think, privately-held.