Barco has acquired Folsom Research, based in Sacramento, California. Folsom, which employs 75 associates, is a company with $16.5 million sales and a book-to-bill ratio larger than 1. Folsom’s product lines cover solutions for image processing, image communication, and image functionality and interactivity. In those dedicated markets, Folsom has a 30 percent share in the United States and 17 percent worldwide. As Barco has previously held 4 percent market share in these segments, the acquisition is a leap forward for Barco in providing total solutions beyond displays-only functionalities.
The largest part of Folsom’s sales are realized in the events (rental and staging) market. The acquisition of Folsom allows Barco the opportunity to become a player in the market segment of solutions beyond displays, thus enabling additional growth in the events market.
Because Folsom is also active in radar, presentation, and simulation applications, the acquisition allows for synergies with other business units of Barco, as well.
