M&A Deal Summary

Bally Technologies Acquires CoolSign

On November 17, 2008, Bally Technologies acquired electronics company CoolSign from Planar Systems

Acquisition Highlights
  • This is Bally Technologies’ 1st transaction in the Electronics sector.
  • This is Bally Technologies’ 1st transaction in the United States.
  • This is Bally Technologies’ 1st transaction in Oregon.

M&A Deal Summary
Date 2008-11-17
Target CoolSign
Sector Electronics
Buyer(s) Bally Technologies
Sellers(s) Planar Systems
Deal Type Divestiture

Target

CoolSign

Beaverton, Oregon, United States
CoolSign is a digital signage business for the gaming industry. It provides software, networked digital displays, and content services.

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Buyer(S) 1

Buyer

Bally Technologies

Las Vegas, Nevada, United States
Category Company
Founded 1932
Sector Gaming
Employees4,000
Revenue 1.2B USD (2014)
DESCRIPTION
Bally Technologies office in Las Vegas, Nevada.
Bally Technologies office in Las Vegas, Nevada.

Bally Technologies designs, manufactures, operates, and distributes advanced technology-based gaming devices and systems worldwide, as well as interactive and mobile solutions. Bally’s product line includes reel-spinning slot machines, video slot machines, wide-area progressives, and Class II, lottery, and central determination games and platforms. Bally also offers an array of casino management, slot accounting, bonusing, cashless, and table-management solutions. Bally Technologies was established in 1932 and is based in Las Vegas, Nevada.

DEAL STATS #
Overall 1 of 5
Sector (Electronics) 1 of 1
Type (Divestiture) 1 of 2
State (Oregon) 1 of 1
Country (United States) 1 of 3
Year (2008) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-20 MacroView Labs

San Francisco, California, United States

MacroView Labs, Inc. is a provider in mobile-application development and mobile platforms for the casino gaming industry.

Buy -

Seller(S) 1

SELLER

Planar Systems

Beaverton, Oregon, United States
Category Company
Founded 1983
Sector Technology Hardware
Employees308
Revenue 179M USD (2014)
DESCRIPTION

Planar Systems, Inc. is a global provider of display and digital signage technology to retailers, educational institutions, government agencies, businesses, utilities and energy firms, and home theater enthusiasts.

DEAL STATS #
Overall 1 of 1
Sector (Electronics) 1 of 1
Type (Divestiture) 1 of 1
State (Oregon) 1 of 1
Country (United States) 1 of 1
Year (2008) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-05-23 Runco International

Beaverton, Oregon, United States

Runco International, Inc. is a manufacturer of display devices. Runco provideds home theater solutions and broad display technology.

Buy $37M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-07 NaturalPoint

Corvallis, Oregon, United States

NaturalPoint, Inc. is a provider of optical tracking and motion capture solutions.

Buy $125M
Mergr

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