Digital Signage Central

Your source for the latest news from the digital signage industry.

Archive for the ‘EnQii’ Category

LONDON, Sep 30, 2008 (BUSINESS WIRE) — Amadeus Capital Partners and Wellington Partners have invested $18 million in a Series B round financing in EnQii Holdings Ltd, a global leader in the management of digital out-of-home (DOOH) advertising and merchandising networks. Roy Merritt, Partner at Amadeus, and Wellington General Partner, Frank Boehnke, will join the board of the company. The investors will join Ithmaar Bank, Kingdom of Bahrain, EnQii’s original investor. Carolyn Prowse, Managing Director, from Ithmaar Bank will also join the board.
EnQii works in partnership with advertising networks and retailers, providing a full managed service of design, installation, technology and operation of web-enabled digital displays. The company has over 100 customers in 14 countries around the world, who typically operate substantial estates of screens ranging from large LED or digital billboards to smaller shelf-located screens in retail environments. The new financing will be used to accelerate the company’s growth.
Advertising spend on out-of-home sites is currently some $1.7 billion globally, with the digital segment, which is proven to drive sales faster than traditional advertising, growing at some 40% per annum.
EnQii CEO, Ajay Chowdhury, says: “We see fantastic growth opportunities in digital out-of-home advertising and are very happy to see this significant commitment from two of Europe’s leading VCs that will help us take full advantage of these opportunities. While we have had very strong organic growth over the last year, this level of investment and the quality of the investors gives us the additional capacity to be more aggressive in both opportunity development and in serving our customers’ needs. The roll-out of digital screens at places of interest has just begun, and EnQii has the capability, from our offices in New York, Toronto, London, Hong Kong and Shanghai, to manage this.”
Roy Merritt of Amadeus adds: “EnQii’s business model is to combine its leading-edge technology platform with a real understanding of customer needs, helping its clients to maximise their revenues and building deep and long-lasting relationships. We believe that EnQii’s outstanding management team is well-placed to build on its already strong global market position, and are delighted to support them in doing that.”
Frank Boehnke from Wellington Partners stresses the market opportunity: “Digital merchandising at the point-of-sale is a highly efficient way of communicating with customers for advertisers and retailers. Therefore, the installed base of DOOH screens wills more than triple in the next three years. I am sure that EnQii will benefit hugely from such tremendous market growth.”
Carolyn Prowse from Ithmaar Bank says: “We invested in EnQii last year and are very pleased to see its growth since the investment. With Amadeus and Wellington joining us as shareholders we remain confident that EnQii will have a very strong future.”
The Amadeus team on this investment was Roy Merritt and Jason Pinto. The Wellington team was Frank Boehnke and Ernst Mannheimer. The Ithmaar Bank team was Carolyn Prowse and Scott Cresswell. Advisers to the investors were: Taylor Wessing and Trowers & Hamlins (Legal) and Baker Tilly (Accounting); and to EnQii: Heller Ehrman (Legal) and PriceWaterhouseCoopers (Tax).
NOTES TO EDITORS
About Wellington Partners ( www.wellington-partners.com)
Wellington Partners is one the most successful pan-European venture capital firms. With 800 million under management and offices in London, Munich, Palo Alto and Zurich, the firm invests into companies throughout Europe that have the potential to become global leaders, in the areas of Information Technology, Media Convergence, Cleantech and Life Science. Since 1998, Wellington Partners has invested in more than 100 companies in Europe, including now publicly traded Actelion, SAF and XING and successful privately held companies like Alando (acquired by eBay), Ciao (acquired by Microsoft) and ImmobilienScout24 (acquired by Deutsche Telekom).
About Amadeus ( www.amadeuscapital.com)
Amadeus is one of Europe’s leading technology investors. Since its inception in 1997, the firm has backed over 60 companies covering computer hardware and software, mobile and fixed communications technologies, medical technologies and clean technologies. Investments include CSR, producing single chip bluetooth radios for short range connections and floated on the London Stock Exchange in 2004, Optos, a manufacturer of laser retinal scanners which had a successful IPO on the London Stock Exchange in 2006, PacketFront, a Swedish company providing systems to manage end-to-end delivery of multiple broadband services, Valista, an electronic payments company and Solexa, the developer of next generation genetic analysis systems, merged with Illumina Inc.
Amadeus Capital Partners Ltd is authorised and regulated by the Financial Services Authority.
Registered office: Mount Pleasant House, 2 Mount Pleasant, Cambridge CB3 0RN, UK. Registered in England no: 3392685.
About Ithmaar Bank, Kingdom of Bahrain ( www.ithmaarbank.com)
The Ithmaar banking group consists of: Ithmaar Bank, Shamil Bank, Solidarity (an Islamic insurance company), Faisal Private Bank (Switzerland), Faysal Bank Limited (Pakistan), First Leasing Bank and Ithmaar Development Company. The group’s services, including investment, private, retail, and commercial banking, private equity, mergers & acquisition advice, takaful, leasing, and real estate development, form a 360 degrees value chain that embraces the entire spectrum of banking and financial services.
SOURCE: EnQii
Amadeus Capital Partners
Roy Merritt or Jason Pinto,+44 (0)20 7024 6900
or
PR for Amadeus
Chantal Ligertwood, +44 (0)7976 229 210
or
Wellington Partners
Frank Boehnke, +44 203 00 61535
or
PR for Wellington
Stefan Schwartz, +49 (0) 175 52 27 111
or
Ithmmar Bank
Carolyn Prowse, +973 17584005
or
PR for Ithmaar Bank
Taimour Raouf, +973 17 584 038
or
EnQii
Ajay Chowdhury, +44(0)7803172103
or
Urmalena Gomes, +1 212-675-7820 x 2217
  • 0 Comments
  • Filed under: EnQii
  • NewswireToday - /newswire/ - Palm Coast, FL, United States, 08/07/2008 - Digital Signage Expo East, DSE’s first regional show scheduled at the Philadelphia Convention Center will present the newest, most cutting edge technology in the digital signage, interactive technologies and out-of-home network industry on 9/16-18/08.

    In addition to the full day “Content Showcase”, three “Super Sessions”, 16 Conference workshops and a new “Lunch & Learn” Program, attendees at Digital Signage Expo East will have the opportunity to be the first to see:
    - Data Display System’s 1080 Player, which optimizes HD video.
    - EnQii’s new OnSight Messaging, which enables staff at every network site to post messages, daily promotions, schedule changes and announcements.
    - Gener8 Digital Media’s new Genr8 Channels Content Selection System, which offers 10 themed channels on lifestyle, fashion, business, and other content.
    - Fairfield Display and Lighting’s Low Voltage Wire-Free Compact Flash Players, for space and energy saving displays.
    - Kramer Electronics’ new Cobra Twisted Pair Products, which are high quality transmitters, receivers, matrix switchers and a distributor for sending high res signals over long distances.
    - Navori’s new Tycoon 3.04 Version, which has optimized the product and integrated the most requested features.
    - Netkey’s new Digital Signage 4.9, which makes deploying and operating a DS network easier and more efficient, including expanded multi-zone content.
    - Roku’s new BrightSign HD2000, a fully integrated, high definition digital sign controller that offers plug-n-play networking to streamline content management.
    - Scala’s new Ad Manager Product, which provides a complete advertising management solution for the out-of-home industry.
    - Trident’s new MicroTouch DST, which makes interacting with surfaces fast and accurate.
    - Wireless Ronin’s RoninCast Wayfinding, which provides creative and interactive directional mapping; Interactive Product Selection functionality to showcase products with an internet-like selection tool; RoninCast Meeting Room Presentation, which links software to third-party calendaring software .asp pages or databases; and RoninCast 3D Capability, which includes the added capability of managing 3D files.

    Chris Gibbs, Executive Vice President of ExpoNation, LLC the producer of Digital Signage Expo and DSE East said, “DSE East is going to have a lot of ‘wow’ — the amazing developments in technology continue to expand applications possibilities and create new marketing and merchandising opportunities at retail and beyond.”

    Digital Signage Expo/East and Interactive Technology Expo/East will be co-located at the Philadelphia Convention Center to run September 16-18, 2008.
    To exhibit or attend Digital Signage Expo/East and/or Interactive Technologies Expo/East 2008, contact Chris Gibbs at (770) 649-0300 x17.


    Categories