M&A Deal Summary

Ross Video Acquires Codan Broadcast Products Pty

On July 26, 2010, Ross Video acquired technology hardware company Codan Broadcast Products Pty from Codan

Acquisition Highlights
  • This is Ross Video’s 1st transaction in the Technology Hardware sector.
  • This is Ross Video’s 1st transaction in Australia.

M&A Deal Summary

Date 2010-07-26
Target Codan Broadcast Products Pty
Sector Technology Hardware
Buyer(s) Ross Video
Sellers(s) Codan
Deal Type Divestiture

Target

Codan Broadcast Products Pty

Adelaide, Australia
Codan Broadcast Products Pty Ltd. is a supplier of routers, interface products and audio monitors to the Australian and international broadcast markets.

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Buyer(S) 1

Buyer

Ross Video

Iroquois, Ontario, Canada

Category Company
Founded 1973
Sector Technology Hardware
DESCRIPTION

Ross Video Ltd. is a designer, marketer, manufacturer and supports products for use in broadcast, distribution, live event and product applications.


DEAL STATS #
Overall 2 of 17
Sector: Technology Hardware M&A 1 of 6
Type: Divestiture M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2010 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-03-16 Media Refinery B.V.

Hilversum, Netherlands

Media Refinery B.V. is a developer of XPression, a high end, feature rich, 2D/3D high definition character generator and motion graphics system. XPression offers real time layering and animation of 3D models, 2D and 3D text, rendered animations, live video and web content.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-08 FX-Motion

Brussels, Belgium

FX-Motion is a robotic camera systems company. FX-Motion's film style motion control technology to television remote control and robotics systems.

Buy -

Seller(S) 1

SELLER

Codan

Mawson Lakes, Australia

Category Company
Founded 1959
Sector Electrical Equipment
Employees450
Revenue 550M AUD (2024)
DESCRIPTION

Codan designs, manufactures and markets a diversified range of products and systems for the international high frequency radio, satellite and terrestrial microwave communications markets, and for the consumer and countermine metal detection markets. Codan was founded in 1959 and is based in Mawson Lakes, Australia.


DEAL STATS #
Overall 1 of 2
Sector: Technology Hardware M&A 1 of 1
Type: Divestiture M&A Deals 1 of 2
Country: Australia M&A 1 of 1
Year: 2010 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-30 Codan Satcom

Boalsburg, Pennsylvania, United States

Codan Satcom is a prominent supplier of solid-state RF subsystems for satellite communications services to commercial and government end users. Codan Satcom has operations in Newton, South Australia and Boalsburg, Pennsylvania.

Sell $9M