HARMAN International has announced that it has acquired SVSi, the leading maker
of networked AV products. Based in Huntsville, Alabama, SVSi manufactures and
sells an extensive portfolio of products for delivering a complete AV experience
over an IP network. Included among these is a full range of high performance
encoders and decoders, windowing/wall processors, audio transceiver, video
recorder, and management software. SVSi will join HARMAN Professional’s Video
and Control Strategic Business Unit (SBU) led by Rashid Skaf and marketed under
the AMX by HARMAN brand. Terms of the transaction were not disclosed.

“HARMAN was early to recognize the emergence and potential of AV over IP,’
commented Blake Augsburger, President HARMAN Professional Division. “For more
than six years, we have been steadily introducing new products to serve growing
customer demand for IP-based products. With the acquisition of SVSi, we will
accelerate our development plan with the addition of extraordinary expertise from
the SVSi team.’

“As an independent company, SVSi has enjoyed tremendous success and acceptance
of our networked AV solutions,’ remarked Andy Whitehead, SVSi President and
Founder. “Our products have been recognized with numerous industry awards and,
more importantly, been adopted by a wide number and variety of leading
organizations in the entertainment, government, education, and corporate sectors.
By joining forces with HARMAN, we can deliver the benefits of our solutions to more
customers, faster than we could do on our own.’

SVSi products can be ordered immediately from all existing SVSi dealers or AMX
dealers. More information on SVSi and its products can be found here.