Reorganisation & Restructuring – Page 7

Eyevis Insolvency Administrator Announces Stabilisation

by Andrew Fenn

Business operations at Eyevis are now stable, five weeks after the company commenced insolvency proceedings, according to Invidis. (Eyevis Hits the Buffers – Files for Bankruptcy) Schultze & Braun’s Holger Leichtle, the company’s provisional …

Tags:Eyevis| Large Display Monitor| Reorganisation & Restructuring| Vol 25 - Issue 04

Barco Silex Buys Barco Out to Become “Silex Inside”

by Andrew Fenn

Barco Silex has entered into an agreement with a group of private investors, acquiring all shares. On December 31st, 2017, the management team of Barco Silex completed the management buyout of the business from …

Barco Looking Into Relocation of Norway Manufacturing Activities

by Andrew Fenn

Barco has confirmed it is studying a possible relocation of the manufacturing activities of its Barco Fredrikstad AS location in Norway, while further building out its local R&D and business development activities. The Fredrikstad …

Tags:Barco| DLP Projectors| Large Display Monitor| Reorganisation & Restructuring| Vol 25 - Issue 04

Kyulux in Trouble?

by Bob Raikes

We heard over the New Year holiday that Japanese TADF developer, Kyulux, was going through some substantial changes in management, including the loss of its CEO Christopher J. Savoie, its VP of Products, announced …

LeEco Chairman Misses China Return Deadline

by Andrew Fenn

Following a period of financial uncertainty and legal struggles, LeEco chairman Jia Yueting has refused a demand from regulators to return to China. Jia is said to owe hundreds of millions of dollars in …

Start-ups Fail Because Founders are Inept

by Ken Werner

In late September CB Research published a report entitled “The Top 20 Reasons Startups Fail.” The top reason is shocking, but if you’re familiar with start-up creation, and particularly with the creation of technology-based …

Tags:Investment| Reorganisation & Restructuring| Vol 24 - Issue 48

Eyevis Hits the Buffers – Files for Bankruptcy

by Bob Raikes

As a result of high interest costs, and the pre-financing needs of projects, Eyevis Gesellschaft für Projektions- und Großbildtechnik GmbH and Eyevis Holding GmbH in Germany have have filed for bankruptcy, although under the …

Tags:Eyevis| Large Display Monitor| Reorganisation & Restructuring| Vol 24 - Issue 47

Samsung to Support VR/AR Start-ups

by Andrew Fenn

Samsung Electronics has announced that it will invest in seven new start-ups created by Samsung employees, off the back of the company’s C-Lab programme, which encourages spin-offs from projects. Among the seven start-ups receiving …

New Headquarters for NEC Display Solutions of America

by Andrew Fenn

NEC Display Solutions of America has announced plans to move into a new headquarters in Downers Grove, Illinois. At over 47,500m², the company’s new premises is 20% larger than its current office in Itasca …

Tags:Large Display Monitor| NEC| Reorganisation & Restructuring| Vol 24 - Issue 40

Nokia Calls Time on Ozo 360° VR Camera

by Andrew Fenn

Citing “slower-than-expected development of the VR market”, Nokia has announced a sudden stop on its Ozo 360° VR camera development. The news will mean layoffs at Nokia Technologies, with up to 310 jobs lost …

Tags:360 Degree Cameras| Mobile Display Monitor| Nokia| Reorganisation & Restructuring| Vol 24 - Issue 38

Pixelworks Announces Restructure Following ViXS Acquisition

by Andrew Fenn

Following its acquisition of ViXS Systems in August, Pixelworks Inc. has announced plans to streamline the organization. A 15% reduction in workforce is expected across the firm’s development, operations, sales and administration departments, costing …

Tags:Large Display Monitor| Mobile Display Monitor| Pixelworks| Reorganisation & Restructuring| Vol 24 - Issue 35

Altspace to Survive?

by Bob Raikes

AltspaceVR said recently that it would be closing down its VR-based social network because of a lack of finance. (AltspaceVR Closing Down on August 3rd) However, the company said: “We’re now deep in discussions …