Studer acquired from Harman International by Evertz

Evertz Technologies Limited has announced that it has entered into an asset purchase agreement with Harman International to acquire the Studer brand, technology and related assets in a deal set to close in Q1 of this year.

“We’re pleased to welcome this iconic audio brand to our Evertz family of products and solutions that has been serving the broadcast market for more than 50 years,” said Brian Campbell, EVP business development, Evertz. “We also welcome the many valued Studer customers who depend on Studer technology and reliability to deliver the best audio to their audience.”

Following the acquisition, Ontario-based Evertz – which designs and manufactures AV solutions for the television, new media and telecommunications industries – plans to develop next-generation products to meet broadcast customers’ future needs while creating synergies with its existing product lines. “We saw an exciting opportunity to evolve these premium products with new products and feature development while having Studer continue to redefine how broadcast audio is produced,” continued Campbell.

Founded in Zurich in 1948, Studer has a long tradition of technology that has been deployed in recording and broadcast for more than 70 years. The brand joined the Harman stable in 1994, bringing it into the digital age. “We are very pleased that the stewardship of the iconic Studer brand will continue on under Evertz’s leadership,” said Brian Divine, president, Harman Professional Solutions. “The Harman team will be working very closely with Evertz over the coming weeks to assure a seamless transition for the customers.”