Daktronics Acquires Adflow

Daktronics has acquired Canada’s Adflow Networks – and, in the process, Adflow’s Dynamic Messaging System digital signage platform.

Adflow will operate as a subsidiary of Daktronics, and the workforce will remain intact. Further details were not disclosed.

Analyst Comment

This acquisition marks a change for Daktronics, which is known for producing large-format displays based on LED technology. The company could move into retail using the DMS. (TA)