HME Acquires Clear-Com from Vitec Group
The Videocom division of The Vitec Group has accepted HME’s offer to acquire Clear-Com Communication Systems, its business unit that provides voice communication systems for broadcast, live performance, military, federal government, and professional audio markets. HME, is a privately-held company based in Poway, California, specializing in digital wireless intercom solutions for restaurant, hospitality, pro sports and pro audio markets. HME in will provide Clear-Com greater access to a wider range of complementary communication solutions, economies of scale in product development, and manufacturing operations. Clear-Com will continue operation as a wholly-owned business within HME.
“This opportunity to combine forces with the best-known brand Clear-Com came at a perfect time,” says Chuck Miyahira, CEO of HME. “We have been looking to expand our pro audio business with a partner who brought a range of intercom experience and market knowledge that would compliment ours. And Clear-Com was clearly a natural fit for HME.”
The Vitec Group in the last 10-plus years, has been supporting Clear-Com growth with new product investments and technology acquisitions such as the patent-pending I.V.Core Intercom-over-IP technology from Talkdynamics. In addition, Clear-Com today shares many common customers with some of Vitec Group’s brands such as Vinten, Sachtler and Bexel. After this transition, Clear-Com will continue to advance these relationships.
“The Clear-Com business is poised to further accelerate its growth with its leadership in TDM Matrix and integrated IP and wireless solution,” says Joop Janssen, CEO of theThe Vitec Group Videocom Division. “Together with HME they will form a major powerhouse in the intercom and voice communication industry. HME is best positioned to provide Clear-Com with additional key technology advantages in wireless, greater market reach, and simply bigger critical mass in terms of operations and manufacturing.”