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Slide #38. Ballantyne Strong, Inc. — Convergent Media Systems
Ballantyne Strong, Inc. (AMEX:BTN)
Convergent Media Systems
Ballantyne Strong, Inc. (NYSE MKT:BTN), a provider of digital equipment, screens and managed services as well as specialty lighting equipment, today announced the acquisition of Convergent Corporation and its wholly owned subsidiary, Convergent Media Systems, a leading player in digital signage and content creation and distribution systems. Convergent Corporation was a subsidiary of Sony Electronics Inc.
Ballantyne Strong is a holding company. Through its subsidiaries, Co. is focused on serving the cinema, retail, financial, advertising and government markets. Co. conducts its operations through three operating segments: Strong Cinema, which provides projection screens, technical support services and other related products to the cinema exhibition industry; Convergent, which delivers digital signage solutions and services to various enterprise markets, including retail, banking and healthcare, as well as certain government agencies and Digital-Out-Of-Home advertising network operators; and Strong Outdoor, which provides advertising services and experiential marketing services.
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Strong Buy (4.00 out of 4)
(ranked higher than approx. 60% of all stocks covered)
Based on Zacks ABR data;
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