You will be redirected back to your article in seconds

Christie acquires Electrohome group

Digital projection systems co. bought for $25 mil

VANCOUVER — The fierce but unseen battle for supremacy in the projection booth has heated up with Christie Inc.’s $25 million cash purchase of Kitchener, Ontario-based Electrohome’s digital projection systems group.

Christie, a Cypress, Ca. manufacturer of mechanical projectors, will retain the Electrohome brand name and 200 Canuck employees in its bid to dominate the fast-evolving systems biz. Christie has about 150 employees.

At stake is the emerging billion dollar market for large-screen digital hardware, which will replace film projectors with computer-driven projectors using optical discs or images transferred via the internet or a direct fiber optical link.

About 8,000 mechanical units costing about $20,000 are currently sold to theaters worldwide, but the conversion market of 110,000 installed mechanical projection screens is up for grabs. Digital units cost about $100,000.

More Biz

  • emma stone sam mendes louis vuitton

    Emma Stone Re-Teams With Sam Mendes for Louis Vuitton Short Film

    VANCOUVER — The fierce but unseen battle for supremacy in the projection booth has heated up with Christie Inc.’s $25 million cash purchase of Kitchener, Ontario-based Electrohome’s digital projection systems group. Christie, a Cypress, Ca. manufacturer of mechanical projectors, will retain the Electrohome brand name and 200 Canuck employees in its bid to dominate the […]

  • Greg Berlanti, Robbie Rogers49th Anniversary Gala

    Ricky Martin, Greg Berlanti Laud LA LGBT Center's Work in Trump Era at Vanguard Awards

    VANCOUVER — The fierce but unseen battle for supremacy in the projection booth has heated up with Christie Inc.’s $25 million cash purchase of Kitchener, Ontario-based Electrohome’s digital projection systems group. Christie, a Cypress, Ca. manufacturer of mechanical projectors, will retain the Electrohome brand name and 200 Canuck employees in its bid to dominate the […]

  • Bill Cosby

    Bill Cosby To Learn His Fate at Sentencing Hearing

    VANCOUVER — The fierce but unseen battle for supremacy in the projection booth has heated up with Christie Inc.’s $25 million cash purchase of Kitchener, Ontario-based Electrohome’s digital projection systems group. Christie, a Cypress, Ca. manufacturer of mechanical projectors, will retain the Electrohome brand name and 200 Canuck employees in its bid to dominate the […]

  • Ozzy Osbourne Drops Lawsuit Against AEG

    Ozzy Osbourne Drops Lawsuit Against AEG

    VANCOUVER — The fierce but unseen battle for supremacy in the projection booth has heated up with Christie Inc.’s $25 million cash purchase of Kitchener, Ontario-based Electrohome’s digital projection systems group. Christie, a Cypress, Ca. manufacturer of mechanical projectors, will retain the Electrohome brand name and 200 Canuck employees in its bid to dominate the […]

  • Analysis: Sky Win Boosts Comcast as

    Analysis: Sky Win Boosts Comcast as Global Streaming Wars Heat Up

    VANCOUVER — The fierce but unseen battle for supremacy in the projection booth has heated up with Christie Inc.’s $25 million cash purchase of Kitchener, Ontario-based Electrohome’s digital projection systems group. Christie, a Cypress, Ca. manufacturer of mechanical projectors, will retain the Electrohome brand name and 200 Canuck employees in its bid to dominate the […]

  • Chrissy Teigen Target collection shop online

    Chrissy Teigen's New Target Collaboration to Launch in Late September

    VANCOUVER — The fierce but unseen battle for supremacy in the projection booth has heated up with Christie Inc.’s $25 million cash purchase of Kitchener, Ontario-based Electrohome’s digital projection systems group. Christie, a Cypress, Ca. manufacturer of mechanical projectors, will retain the Electrohome brand name and 200 Canuck employees in its bid to dominate the […]

  • Dana Spector Joins CAA

    Dana Spector Joins CAA

    VANCOUVER — The fierce but unseen battle for supremacy in the projection booth has heated up with Christie Inc.’s $25 million cash purchase of Kitchener, Ontario-based Electrohome’s digital projection systems group. Christie, a Cypress, Ca. manufacturer of mechanical projectors, will retain the Electrohome brand name and 200 Canuck employees in its bid to dominate the […]

More From Our Brands

Access exclusive content