costar
Arecont Vision Is Dead! – Or Is It?
Many of us read about a year ago that one of the very few U.S. manufacturers of IP-Cameras –Arecont Vision– had declared bankruptcy. It was assumed at that moment that a private equity firm, Turnspire Capital Partners, was going to purchase the company (or at least all of its assets). But what ultimately happened was a surprise to many and may have been the best thing for Arecont Vision to get back on track.
Costar Swoops In; Acquires Arecont Vision
Arecont Vision® announced today that the acquisition by Costar Technologies, Inc. (OTC markets Group: CSTI) of its assets has been approved by the bankruptcy court. It is anticipated that the sale will close on July 13, 2018. As previously announced, Arecont Vision initiated proceedings under chapter 11 of the United States Bankruptcy Code in the District of Delaware in May, 2018 and has achieved its goal of moving through this process quickly.
Costar Tech Inc (CSTI) ? Comments & Business Outlook
Costar’s Reported Second Quarter 2014 Results Revenue for the second quarter of 2014 totaled $8.3 million as compared to revenue of $6.2 million for the second quarter of the prior year, an increase of 33%.
Costar Technologies To Acquire CohuHD
Costar Technologies, Inc. (OTC Markets Group: CSTI) announced today that it has signed a definitive agreement to acquire CohuHD, the camera products and video solutions division of Cohu, Inc. (NASDAQ: COHU). The purchase price for