M&A Deal Summary

Daktronics Acquires AJT Systems

On June 25, 2018, Daktronics acquired technology hardware company AJT Systems

Acquisition Highlights
  • This is Daktronics’ 1st transaction in the Technology Hardware sector.
  • This is Daktronics’ 4th transaction in the United States.
  • This is Daktronics’ 2nd transaction in Florida.

M&A Deal Summary
Date 2018-06-25
Target AJT Systems
Sector Technology Hardware
Buyer(s) Daktronics
Deal Type Add-on Acquisition

Target

AJT Systems

Fort Lauderdale, Florida, United States
AJT Systems, Inc. is a developer of real-time live to air graphics rendering and video server systems for the broadcast TV industry. AJT Systems, Inc. was founded in 1997 and is based in Fort Lauderdale, Florida.

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Buyer(S) 1

Buyer

Daktronics

Brookings, South Dakota, United States
Category Company
Founded 1968
Sector Electronics
Employees2,520
Revenue 818M USD (2024)
DESCRIPTION

Daktronics is a designer and manufacturer of electronic scoreboards, programmable display systems and large screen video displays. Daktronics was incorporated in 1968 and is based in Brookings, South Dakota.

DEAL STATS #
Overall 7 of 7
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 7 of 7
State (Florida) 2 of 2
Country (United States) 4 of 4
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-15 ADFLOW Networks

Burlington, Ontario, Canada

ADFLOW Networks, Inc. is specializes in delivering digital media solutions to leading retailers, convenience stores and other businesses throughout North America.

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