ZetaDisplay Buys Finnish Digital Signage Firm

Sweden’s ZetaDisplay has entered into an agreement to acquire Finland’s Marketmedia Oy, one of the country’s largest suppliers of digital signage, for approximately €2 million.

ZetaDisplay supplies digital signage to major chains in the retailing and service sectors across Europe and said that the acquisition will enable the company to take ‘a more leading position’. Marketmedia also has a strong position within retail, as well as being a major company within the gaming market.

The Swedish firm said it intends to finance the acquisition through debt financing via, among others, banks and other lending institutions.