 | |
| Company type | Public |
|---|---|
| TSX: ET | |
| Industry | Broadcast engineering |
| Founded | Scarborough, Ontario (1966) |
| Founder | Dieter Evertz, Rose Evertz |
| Headquarters | Burlington, Ontario, Canada |
Area served | Worldwide |
Key people | Romolo Magarelli (CEO) Douglas DeBruin (Chairman) Rakesh Patel (CTO) |
| Products | Electronics |
| Revenue |  CAD$ 436.6 million (2020) |
| CAD$ 69.2 million (2020) | |
| Total assets | CAD$ 443.6 million (2020) |
Number of employees | 1700 |
| Website | evertz.com evertz.io |
Evertz Microsystems Limited is a Canadian multinational developer of software and hardware products and services for the broadcast and film industry. Evertz was founded in 1966 as DynaQuip Electron Devices Limited by Dieter and Rose Evertz, specializing in equipment for film timecode and closed captioning. The company was renamed Evertz Microsystems Limited from Evertz Technologies Limited in 1983. In 1997, it was purchased and reorganized by a group of former employees of Leitch Technology (now owned by Harris Corporation).[1]
Evertz held an initial public offering in June 2006 and raised $67 million CAD,[2] listing its stock on the Toronto Stock Exchange. In June, 2011, Evertz announced it would buy back as many as 3.8 million of its 74.47 million outstanding shares.[3]
Evertz acquired router manufacturer Quartz Electronics in 2005[4] and software developer Pharos Communications in 2011.[5] In 2018, Evertz acquired Quintech Electronics & Communication Inc., a manufacturer of RF switching products.[6] In October 2020, Evertz acquired a Norwegian streaming and graphics software company Ease Live AS .[7] On February 9, 2021, Evertz acquired the iconic Studer audio brand from HARMAN International.[8]
- ^ "Evertz hopes TSX gives it a profile for growth". Globe and Mail. Retrieved 19 July 2011.
- ^ "TV hardware maker Evertz completes $67-million IPO". Globe and Mail. Retrieved 19 July 2011.[dead link]
- ^ "Evertz Technologies to buy back 3.8 mln shares". Reuters Inc. 23 June 2011. Retrieved 19 July 2011.
- ^ "Evertz to Acquire Quartz". TV Technology. Archived from the original on 2012-04-01. Retrieved 2019-09-05.
- ^ Michael, Grotticelli. "Evertz acquires automation vendor Pharos". Penton Media, Inc. Retrieved 20 July 2011.
- ^ "Quintech sold to Canadian company, to remain open". The Indiana Gazette. 7 December 2018. Retrieved 29 October 2020.
- ^ Staff, S. V. G. (2020-11-03). "Evertz Acquires Ease Live Interactive Graphics Platform From Sixty AS". Sports Video Group. Retrieved 2022-03-09.
- ^ "Evertz Announces Closing of Previously Announced Acquisition of Studer's Strategic Assets". finance.yahoo.com. 9 February 2021. Retrieved 2021-03-02.