DAYTON, Ohio, Jan. 9, 2017 /PRNewswire/ -- STRATACACHE, a leading provider of scalable, high-performance digital signage, media distribution and enterprise video acceleration technologies, today announced the acquisition of Real Digital Media, provider of the NEOCAST® digital signage platform. Real Digital Media will become a wholly owned subsidiary of STRATACACHE and will continue to market, support and enhance the NEOCAST® platform.
The acquisition allows both companies to capitalize on years of shared industry success and experience. STRATACACHE brings to Real Digital Media significant capital, operational scale and service advantages that will directly benefit current and future Real Digital Media customers.
"STRATACACHE has made significant investments across our global sales, support and service organizations to provide industry-leading managed solutions," said Chris Riegel, CEO of STRATACACHE. "These investments optimize service to our customers and enable STRATACACHE to strategically acquire companies that share our vision of growth in the digital signage industry. Real Digital Media has long maintained a strong position in the industry, and we believe the depth and breadth of STRATACACHE services will greatly expand Real Digital Media's reach and solution offerings."
The acquisition underscores the opportunity within the digital signage industry to create market efficiencies, spur innovation and further cement STRATACACHE as the leading global solution provider for networks of scale. The digital signage industry is expected to reach $27 billion by 2022, according to a recent MarketsandMarkets report.
"For over a decade, Real Digital Media has played an active role in the maturation of the digital signage industry," said Ken Goldberg, CEO of Real Digital Media. "We are proud of our customer base, longevity and successes, and have long recognized industry consolidation as a critical next step for industry growth. STRATACACHE has unmatched capabilities that will allow Real Digital Media to better serve the needs of our current and future customers, provide global scale and streamline network launch and expansion efforts. We are excited about the next phase of Real Digital Media's development as part of the STRATACACHE family."
Together, the companies will add greater value to customers by providing a portfolio of comprehensive solutions designed to enhance audience engagement across a multitude of venues.
STRATACACHE is the leading provider of intelligent digital signage, digital merchandising, mobile enablement and in-store rich media solutions. These solutions help inspire and influence customers at the point-of-decision, generating new sales and media opportunities. With over 2.1 million software activations globally across our STRATACACHE and SCALA brands, we have the deepest and widest footprint in the market and consistently enhance our offerings to better serve our customers. STRATACACHE is based in Dayton, Ohio, and serves 28 countries with offices in San Francisco, Los Angeles, Chicago, Philadelphia, Bentonville, Dallas, Calgary, Toronto, Montreal, Vancouver, London, Oslo, Sittard, Hong Kong, Tokyo, Adelaide, Luxembourg and Bangalore. Visit us at www.stratacache.com, follow us on Twitter @STRATACACHE or "Like" us on Facebook.
About Real Digital Media
Real Digital Media is the provider of NEOCAST®, an enterprise-level digital signage platform for managing the efficient distribution of place-based targeted messages and branded experiences across networked displays. Designed intelligently to scale with the growing demands of the digital-out-of-home (DOOH) industry, NEOCAST® is a standards-based platform that offers certainty to marketing and advertising professionals seeking a viable long-term solution to meet the current and future demands of their digital signage deployments. NEOCAST® has been used to establish point-of-decision marketing, promotions and corporate communication networks across the retail, healthcare and hospitality sectors. Please visit our website to learn more: http://www.realdigitalmedia.com.
Real Digital Media
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