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# 1995 Gretag

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Liege, Belgium—Mar 4, 2011

Barco Broadens its Digital Cinema Offering Through the Acquisition of the XDC Cinestore Knowhow

Digital Cinema pioneer Barco has announced the extension of its digital cinema product offering through the acquisition of the CineStore activities of cinema solutions provider XDC. The acquisition fits within Barco's broader strategy to move up in the value chain from digital projection supplier to provider of total cinema visualization solutions.

XDC's CineStore team, based in Liege, Belgium, will bring profound software knowhow and  in-depth market knowledge of the digital cinema business. XDC has more than ten years of experience in graphical user interface design and theater management systems for the digital cinema industry.

Last year, Barco also acquired the digital signage expertise of dZine. With the addition of CineStore, the company can now offer its customers an integrated theater management system, spanning both the theater and the lobby, while at the same time strengthening its software capabilities. Moreover, the acquisition will enable Barco to also deliver solutions for content play out.

"CineStore's activities are a strong, value-added complement to our existing digital cinema offering. Adding CineStore's skills and experience to our business will allow us to further strengthen our market position, while maintaining our key strong points of interoperability and highest image quality," says Wim Buyens, VP Barco Digital Cinema. "We stand by our strategy not to be a VPF integrator. Instead, we will remain focused on supplying visualization technologies and products for the professional digital cinema community," Buyens continues.

XDC Group CEO, Serge Plasch said: "Barco and XDC share a long history of collaboration in digital cinema. Our decision to sell the CineStore activities was prompted by our strategy to focus on service to exhibitors while becoming the leading European cinema integrator. XDC will also increase its activities in integrated cinema software solutions, network and content delivery services. Within this strategic framework, CineStore capabilities are no longer considered core business".

The acquisition of CineStore activities will be closed by the end of Q1 2011.

About Barco: Barco designs technology to enable bright outcomes around the world. Seeing beyond the image, we develop visualization and collaboration solutions to help you work together, share insights, and wow audiences. Our focus is on three core markets: Enterprise (from meeting and control rooms to corporate spaces), Healthcare (from the radiology department to the operating room), and Entertainment (from movie theaters to live events and attractions). In 2017, we realized sales of 1.085 billion euro. We have a team of 3,600 employees, located in 90 countries, whose passion for technology is captured in 400 granted patents.

Barco is one of three licencees of Texas Instruments DLP Cinema™ technology. TI developed DLP Cinema™ technology working in close cooperation with Barco and others in the movie industry, to develop Cinema Projector and support systems based on DMD™ technology, to meet the requirement of studios, film distributors and exhibitors alike.
Barco Directory page About CinemaNext:
CinemaNext is the Ymagis Group’s business unit dedicated to exhibitor services. Founded in 2007 and managed by professionals from the motion picture and high-tech industries, Ymagis Group is a European leader in advanced digital technology services for the cinema industry. Through CinemaNext and Eclair, the Group provides smart, comprehensive solutions to movie exhibitors, distributors (feature films & event cinema), producers, rights holders, cinema/TV advertising networks, broadcasters, OTT channels and video publishers. Over the years, Ymagis Group has significantly expanded its portfolio of solutions & services and further developed its geographic footprint in Europe with permanent offices in 26 countries. The company’s core business is structured around three main units: CinemaNext (exhibitor services: sales and field services, software solutions, customer service/NOC and consulting), Eclair (content services: post-production, theatrical delivery, digital distribution, versioning and accessibility, restoration and preservation) and Ymagis (VPF & financial services). A publicly-traded company listed on Euronext, Ymagis Group is headquartered in Paris (France) and has close to 750 employees.
CinemaNext Directory page

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