(Portland and Corvallis, OR--January 27, 2017) Planar Systems
, a Leyard company, a leading worldwide provider of display systems, announced the finalization of the merger agreement with NaturalPoint, the global leader in optical tracking and motion capture solutions. The acquisition, which was announced on November 8, 2016, brings together leaders in complementary technologies to increase attention on the high growth and strategic opportunities in augmented and virtual reality and in other market segments like CAVEs, drone tracking, movement sciences, sports performance, computer visualization and animation.
NaturalPoint, makers of OptiTrack, TrackIR and SmartNav branded products, is the market leader in precision motion capture systems. Roth Capital Partners, LLC served as financial advisor to Planar and Vista Point Advisors served as financial advisor to Natural Point. NaturalPoint will remain a separate business with its own executive team, customers, and market initiatives.
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Planar Systems, a Leyard company, is a global leader in display and digital signage technology, providing premier solutions for the world's most demanding environments. Retailers, educational institutions, government agencies, businesses, utilities and energy firms, and home theater enthusiasts all depend on Planar to provide superior performance when image experience is of the highest importance. Planar® and Leyard® branded video walls, direct view LED offerings, large format LCD displays, interactive touch screen monitors and many other solutions are used by the world’s leading organizations in applications ranging from digital signage to simulation and from interactive kiosks to large-scale data visualization. Planar is headquartered in Oregon, USA and is a wholly-owned subsidiary of Leyard Optoelectronic Co., Ltd, a global leader in display and visualization technologies with over 300 patents and marquee installations globally. For more information, visit www.planar.com
Based in Corvallis, Oregon, NaturalPoint is the creator and manufacturer of the TrackIR, OptiTrack, and SmartNAV product lines. Its OptiTrack brand serves markets in virtual reality (VR), drone and ground robot tracking, movement sciences, and character animation for film and games, and has established itself as the worldwide leader in 3D tracking systems. For more information, visit www.NaturalPoint.com