AUO Display Plus Acquires Avocor
The acquisition sets the stage for accelerated market strategies, global growth and enhanced product
offerings
AUO Display Plus (ADP), a subsidiary of AUO Corporation (AUO) and one of the global leaders
in
industrial and commercial displays announced the acquisition of Avocor, one of the leading
innovators in collaboration and communication solutions. This strategic acquisition is set to
accelerate Avocor's growth by integrating AUO Display Plus' extensive expertise in display
technology and global resources.
As part of AUO's ongoing biaxial transformation strategy, the acquisition marks a significant step
in deepening its vertical market applications under the Go Vertical initiative. By integrating
Avocor's expertise in interactive display solutions and its sales capabilities and distribution
channels, AUO Display Plus is positioned to offer more diverse product platforms and comprehensive
services to global customers in the education and enterprise markets. Through the acquisition, ADP
will be able to accelerate its expansion into new verticals and solidify its position as a leader in
smart display solutions with a reinforced value chain ecosystem.
Since 2022, AUO Display Plus has been a significant investor in Avocor, fostering a partnership that
has enabled Avocor to expand its product offerings, including DvLED displays, digital signage, and
commercial displays. The acquisition represents a natural progression of this successful
collaboration, with AUO and ADP fully committed to investing in Avocor's future.
"We are excited to embark on this journey with Avocor," said Frank Ko, CEO and President of
AUO.
"This strategic move will further strengthen our presence in the solution business while also
amplifying the cross-business synergies within the AUO group. Together, we are poised to set new
benchmarks in the display industry, leveraging our combined expertise to deliver unparalleled value
to our customers and partners."
Driving Innovation and Market Leadership
The acquisition will significantly strengthen both AUO Display Plus and Avocor's capabilities in
several key areas:
Roadmap Expansion: Increased investment in R&D to bring innovative display solutions to
market,
addressing customers' evolving needs.
Accelerated Go-to-Market Strategies: Enhanced marketing and sales efforts to rapidly introduce
cutting-edge products and expand global reach.
Supply Chain Enhancements: Optimized supply chain management to ensure the seamless
production and
delivery of high-quality products.
Regional Operations Alignment: Strengthened regional operations to better serve customers and
partners worldwide.
"All sides are incredibly excited to welcome Avocor into the AUO Display Plus family," said Scott
Hix, CEO of Avocor, GM of AUO Education and Enterprise Business Group and CMO of ADP. "This
acquisition is a testament to our shared vision and commitment to innovation and excellence. With
AUO and ADP's support, Avocor is positioned for unprecedented growth and expansion, enhancing our
product roadmap and accelerating our go-to-market strategies."
As Avocor becomes a core part of the AUO Display Plus family, the union of these industry leaders
will usher in a new era of innovation and growth. With a shared vision of pushing the boundaries of
collaboration and display technology, ADP and Avocor remain committed to delivering exceptional
products and solutions to a global customer base.