Sony bags integration biz.(Technology)(Sony Electronics is selling its Systems Integration Divsion to A.F. Associates)(Brief Article)

Broadcasting & Cable, November, 2003 by Kerschbaumer, Ken

Sony Electronics is getting out of the system-integration business, agreeing to sell its Systems Integration Division to A.F. Associates, an East Coast-based integrator that is a subsidiary of Ascent Media Group. Terms of the deal, expected to be completed by the end of the year, were not available.

"Having worked together on several prestigious projects during the past year, we recognized the potential for great synergy between SIC and AFA," says Barry Stagg, Ascent Media vice president, corporate marketing and communications. The two are currently working on the CNN Center at the new Time Warner headquarters in New York. Sony spokesman David Migdal says the sale will not affect that project. Stagg acknowledges the competitive relationship the...

Read the rest of this article with a Free Trial at HighBeam Research.

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works.