Two of the biggest names in broadcast equipment and systems integration, TSL Products and IPE Systems, today announced their intention to merge.
The two companies say the proposed merger "will bring a combined wealth of knowledge and expertise that spans almost 60 years of first-class service to the broadcast industry". Under the terms of the agreement, IPE’s Colin Judge (pictured) will become managing director of the combined systems company, and TSL's Chris Exelby will continue as managing director of the products company.
The merger will also add IPE’s IDS line of integrated display systems to TSL Products' portfolio of broadcast equipment, providing an "international launchpad" for the IDS platform into the global market.
TSL announced a strategic partnership with ARG ElectroDesign, a manufacturer of distribution solutions for the telecoms/satellite industry, in April, and acquired microphone/audio processing company SoundField at IBC2012.
The latest models in TSL/SoundField's DSF Digital Broadcast surround sound microphone range will make their debut at this year's show.
“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 futureproofing for a multitude of existing and new facilities," comments Colin Judge. "I am delighted to be associated with both the IPE and the TSL brand names, together with their combined market growth and international reach, and am looking forward to using these vantage points to drive the systems integration arm forward.
“In the interim, both companies will continue to deliver [the] respective integration services, dedicated customer support and client-focussed 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."
“From a TSL Products perspective, we’re thrilled to be collaborating with IPE,” adds Chris Exelby, managing director of TSL Products (pictured above right). “The IDS range is perfectly aligned with our product development strategy and clearly adds value to the solutions we already provide for our target markets.”
The companies say terms of the agreement will remain confidential and that the completion remains subject to due diligence, but is "targeted for this year".