AUO Display Plus (ADP) has acquired Avocor, which it says will significantly benefit both companies.
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The leading innovator in collaboration and communication solutions, Avocor, will enjoy accelerated growth through its integration with ADP’s global resources and expertise as a global leader in industrial and commercial displays.
Meanwhile, ADP claims to be benefitting from a greater range of product platforms and services for its customers in education and enterprise markets, meeting the "biaxial transformation strategy" of its parent company, AUO Corporation (AUO).
It will also be better placed to expand into new verticals and sure up its position as a ‘leader’ in smart display solutions with an improved value chain ecosystem.
Frank Ko, CEO and President of AUO, expressed his optimism regarding the future of the two companies: "We are excited to embark on this journey with Avocor."
“This strategic move will further strengthen our presence in the solution business while also amplifying the cross-business synergies within the AUO group."
Together, we are poised to set new benchmarks in the display industry, leveraging our combined expertise to deliver unparalleled value to our customers and partners."
Better Together
More specifically, the acquisition will bolster capabilities for both ADP and Avocor.
Greater investment into recruitment and development, for example, will help to create new solutions to meet customer needs.
Marketing and sales departments will be enhanced, which will speed up the process of introducing new products to market and growing global reach.
Supply chain management improvements will lead to the "seamless" delivery of products.
