The Vitec Group has announced the acquisition of LED lighting technology provider Quasar Scienc.
Quasar Science is an innovator in linear and tubular LED lighting solutions for cinematic applications. The business will become part of the group’s production solutions division alongside Litepanels: a supplier of LED lighting panels for television lighting and cinematography acquired by the group in 2008.
“This acquisition is in line with Vitec’s strategy to drive growth by increasing our addressable markets and expanding our higher technology capabilities,” said Vitec Group CEO, Stephen Bird. “Having the well-respected Quasar team within our portfolio, with their flair for new product development, on-set experience, and industry networks, will enhance our position as a leading player in the growing LED lighting for broadcast and cine market.”
“Quasar Science products are highly complementary to our Litepanels brand,” said Nicola Dal Toso, chief executive, Vitec Production Solutions. “There are growth opportunities to sell Quasar Science products through our global sales and distribution network, and to utilise their expertise and network to grow our Litepanels business in the cine market. Quasar Science will also benefit from Vitec’s marketing, manufacturing, and supply chain capabilities.”
“As working professionals in cinematography, our intimate knowledge of filmmaking and content creation has enabled us to build Quasar Science into one of the industry’s most innovative brands,” said Quasar Science CEO Steve Strong. “We’ve developed a unique range of versatile lighting solutions that are not only popular with lighting professionals, but with artists of all kinds.” He added, “Joining the Vitec Group, with its renowned expertise in products for imaging and global markets, will elevate Quasar Science to a higher level of performance and introduce our technology to a wider audience.”
This acquisition is part of Vitec’s commitment to advancing LED lighting technology for broadcast, to bring lighting solutions to the market faster and to expand further in the cinematic lighting market.
