{"id":784271,"date":"2023-09-15T07:20:58","date_gmt":"2023-09-15T11:20:58","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/vislink-extends-position-in-airborne-video-downlink-systems-market-with-acquisition-of-broadcast-microwave-services-bms-assets\/"},"modified":"2023-09-15T07:20:58","modified_gmt":"2023-09-15T11:20:58","slug":"vislink-extends-position-in-airborne-video-downlink-systems-market-with-acquisition-of-broadcast-microwave-services-bms-assets","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/vislink-extends-position-in-airborne-video-downlink-systems-market-with-acquisition-of-broadcast-microwave-services-bms-assets\/","title":{"rendered":"Vislink Extends Position in Airborne Video Downlink Systems Market with Acquisition of Broadcast Microwave Services (BMS) Assets"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"center\">\n        <em>Strategic <\/em><br \/>\n        <em>Asset Purchase Adds Strong Domestic and International Customer Base in MilGov Sector<\/em>\n      <\/p>\n<p align=\"justify\">\n        <strong>Mt. Olive, NJ, Sept.  15, 2023  (GLOBE NEWSWIRE) &#8212; <\/strong><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=VX3tqwL-48uKwu45Rp-LV6nryDY-i6o3mnYFNQCiGjPp9jGu_X_IPrVoMlaCcQKIObwQn6oV206ZTFYst3Pmh05zqDsK8ylkcrQt5C48iTw=\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n          <strong>Vislink Technologies, Inc.<\/strong><br \/>\n        <\/a><br \/>\n        <strong> (\u201cVislink\u201d or the \u201cCompany\u201d) (NASDAQ: VISL), <\/strong>a global technology leader in the capture, delivery, and management of high-quality, live video and associated data in the media and entertainment, law enforcement, and defense markets, has acquired the majority assets of Broadcast Microwave Services, LLC (BMS), a provider of wireless microwave equipment for video and data transmission.<\/p>\n<p>\n        <strong>BMS Overview<\/strong>\n      <\/p>\n<p align=\"justify\">BMS designs and manufactures microwave technology systems that serve a diverse customer base in government surveillance, law enforcement, uncrewed aerial vehicles (UAV), and unmanned ground vehicles (UGV) markets. BMS offers a complete suite of mission-critical solutions, allowing reliable, long-range data transmission in the most demanding environments. With over 30 years of experience in real-time microwave transmission, BMS has longstanding relationships with customers in the United States, Europe, Asia, and the Middle East (EMEA).<\/p>\n<p align=\"justify\">\n        <strong>BMS Asset Acquisition Summary and Rationale<\/strong>\n      <\/p>\n<ul type=\"disc\">\n<li style=\"text-align:justify\">Grows Vislink\u2019s leading position as one of the largest and most technically advanced Airborne Video Downlink Systems (AVDS) provider.<\/li>\n<li style=\"text-align:justify\">Provides Vislink with a well-established customer base in the MilGov sector, further strengthening the Company\u2019s international footprint, especially in EMEA.<\/li>\n<li style=\"text-align:justify\">Presents Vislink with an attractive opportunity to upsell and cross-sell its industry-leading AVDS products across the expansive BMS customer network.<\/li>\n<li style=\"text-align:justify\">Expands Vislink\u2019s opportunities to penetrate the burgeoning public safety, defense, and federal government markets.<\/li>\n<li style=\"text-align:justify\">Bolsters Vislink\u2019s ability to flexibly deploy capital to evolve its platform to best meet customers\u2019 needs.<\/li>\n<\/ul>\n<p>\n        <strong>Management Commentary<\/strong>\n      <\/p>\n<p align=\"justify\">\u201cBMS is a well-established international player in the AVDS space,\u201d said Vislink CEO Mickey Miller. \u201cBy adding its assets to Vislink, we are consolidating the market and extending our position as the leading worldwide provider of AVDS products. We look forward to driving new sales to a larger customer base with an increased focus on the growing public safety market. Our strong balance sheet allows us to meet the needs of current BMS customers, while our industry-leading technology provides us with an attractive opportunity to up-sell and cross-sell our solutions. With the addition of BMS assets, we are even better positioned to scale our business in the growing MilGov sector.\u201d<\/p>\n<p>\n        <strong>Note on Forward-looking Statements<\/strong>\n      <\/p>\n<p align=\"justify\">Certain statements in this press release are forward-looking statements that involve substantial risks and uncertainties for purposes of the safe harbor provided by the Private Securities Litigation Reform Act of 1995. Any statements, other than statements of historical fact included in this press release, including those regarding the Company\u2019s acquisition of BMS assets and expected opportunities and synergies, strategy, future operations, future revenues, growth, profitability results and financial position, risks of supply chain constraints and inflationary pressures, projected expenses, prospects, plans including footprint and technology asset consolidations, objectives of management, new capabilities, product and solutions launches including wireless microwave equipment and AI-assisted and 5G streaming technologies, expected contract values, projected pipeline sales opportunities, acquisitions integration, and expected market opportunities across the Company\u2019s operating segments including the live event production market, the effects of the COVID-19 pandemic, the sufficiency of the Company\u2019s capital resources to fund the Company\u2019s operations and any statements regarding future results are forward-looking statements. Vislink may not actually achieve the plans, carry out the intentions or meet the expectations or projections disclosed in any forward-looking statements such as the foregoing and you should not place undue reliance on such forward-looking statements. Such statements are based on management\u2019s current expectations and involve risks and uncertainties, including those discussed in Vislink\u2019s Annual Report on Form 10-K for the fiscal year ended December 31, 2022, filed with the Securities and Exchange Commission (\u201cSEC\u201d) on March 31, 2023, and in subsequent filings with, or submissions to, the SEC from time to time.<\/p>\n<p align=\"justify\">The statements made in this press release speak only as of the date stated herein, and subsequent events and developments may cause the Company\u2019s expectations and beliefs to change. While the Company may elect to update these forward-looking statements publicly at some point in the future, the Company specifically disclaims any obligation to do so, whether as a result of new information, future events or otherwise, except as required by law. These forward-looking statements should not be relied upon as representing the Company\u2019s views as of any date after the date stated herein.<\/p>\n<p>\n        <strong>About Vislink Technologies, Inc.<\/strong>\n      <\/p>\n<p align=\"justify\">Vislink Technologies is a global technology leader in the capture, delivery, and management of high-quality, live video, and associated data in the media and entertainment, law enforcement, and defense markets. With a renowned heritage in video communications encompassing over 50 years, Vislink has revolutionized live video communications by delivering the highest-quality video from the scene, even in the most challenging transmission conditions. Through its Mobile Viewpoint product lines, Vislink also provides live streaming solutions using bonded cellular, 5G, and AI-driven technologies for automated news and sports productions. Vislink\u2019s innovative solutions enable broadcasters and public safety agencies to capture and share live video seamlessly and securely, ensuring they can stay connected with their audiences, teams, and operations. Vislink\u2019s shares of common stock are publicly traded on the Nasdaq Capital Market under the ticker symbol \u201cVISL.\u201d For more information, visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jjQmczdVxXNeLuWHN0oAQf2WJaNcEdzXxlSOsJPH1ho_tT7QZjieuOWeKWEPhQZZFtDpVwRcTJpVsrYBcSOMcQ==\" rel=\"nofollow noopener\" target=\"_blank\">www.vislink.com<\/a><u>.<\/u><\/p>\n<p>\n        <strong>Media Contact:<\/strong><br \/>\n        <br \/>Charlotte van Hertum <br \/>Vislink<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=vdFAiEK3vQqYCQSst7LQlAdtxEPeRP-TXaX93r5TocgcixVvdor7OwcsOjfZ3e86WshLx2lB08_bhjbTr98ydQRBmjDHtdWSyI3o-NEO1ghvO_g5VhqG7UjtKW2mPL2r\" rel=\"nofollow noopener\" target=\"_blank\">charlotte.vanhertum@vislink.com<\/a><\/p>\n<p>\n        <strong>Investor Relations Contact:<\/strong><br \/>\n        <br \/>Matt Glover and Alec Wilson<br \/>Gateway Group, Inc.<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=piJN0DbbyJ6g6pgspJhe-9RSgT-eJnZTe9qff2ghSJ3ELLk1QIT8mXCtBY_o4dBHfPngrhxJN_Qi0WjcfYnYaw7eTrlFbaz7_1l3DXDseYw=\" rel=\"nofollow noopener\" target=\"_blank\">VISL@gateway-grp.com<\/a><\/p>\n<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkyMjc4MyM1ODE2MTY5IzUwMDA1Mjc1MA==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/M2QzN2M5OWQtYWQ3YS00OTNjLTg0ZTQtMDZmMTg5NTU2ZDUzLTUwMDA1Mjc1MA==\/tiny\/Vislink-Technologies-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Strategic Asset Purchase Adds Strong Domestic and International Customer Base in MilGov Sector Mt. Olive, NJ, Sept. 15, 2023 (GLOBE NEWSWIRE) &#8212; Vislink Technologies, Inc. (\u201cVislink\u201d or the \u201cCompany\u201d) (NASDAQ: VISL), a global technology leader in the capture, delivery, and management of high-quality, live video and associated data in the media and entertainment, law enforcement, and defense markets, has acquired the majority assets of Broadcast Microwave Services, LLC (BMS), a provider of wireless microwave equipment for video and data transmission. BMS Overview BMS designs and manufactures microwave technology systems that serve a diverse customer base in government surveillance, law enforcement, uncrewed aerial vehicles (UAV), and unmanned ground vehicles (UGV) markets. BMS offers a complete suite of mission-critical solutions, allowing reliable, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/vislink-extends-position-in-airborne-video-downlink-systems-market-with-acquisition-of-broadcast-microwave-services-bms-assets\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Vislink Extends Position in Airborne Video Downlink Systems Market with Acquisition of Broadcast Microwave Services (BMS) Assets&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-784271","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Vislink Extends Position in Airborne Video Downlink Systems Market with Acquisition of Broadcast Microwave Services (BMS) Assets - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/vislink-extends-position-in-airborne-video-downlink-systems-market-with-acquisition-of-broadcast-microwave-services-bms-assets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vislink Extends Position in Airborne Video Downlink Systems Market with Acquisition of Broadcast Microwave Services (BMS) Assets - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Strategic Asset Purchase Adds Strong Domestic and International Customer Base in MilGov Sector Mt. Olive, NJ, Sept. 15, 2023 (GLOBE NEWSWIRE) &#8212; Vislink Technologies, Inc. (\u201cVislink\u201d or the \u201cCompany\u201d) (NASDAQ: VISL), a global technology leader in the capture, delivery, and management of high-quality, live video and associated data in the media and entertainment, law enforcement, and defense markets, has acquired the majority assets of Broadcast Microwave Services, LLC (BMS), a provider of wireless microwave equipment for video and data transmission. BMS Overview BMS designs and manufactures microwave technology systems that serve a diverse customer base in government surveillance, law enforcement, uncrewed aerial vehicles (UAV), and unmanned ground vehicles (UGV) markets. 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Olive, NJ, Sept. 15, 2023 (GLOBE NEWSWIRE) &#8212; Vislink Technologies, Inc. (\u201cVislink\u201d or the \u201cCompany\u201d) (NASDAQ: VISL), a global technology leader in the capture, delivery, and management of high-quality, live video and associated data in the media and entertainment, law enforcement, and defense markets, has acquired the majority assets of Broadcast Microwave Services, LLC (BMS), a provider of wireless microwave equipment for video and data transmission. BMS Overview BMS designs and manufactures microwave technology systems that serve a diverse customer base in government surveillance, law enforcement, uncrewed aerial vehicles (UAV), and unmanned ground vehicles (UGV) markets. BMS offers a complete suite of mission-critical solutions, allowing reliable, &hellip; Continue reading \"Vislink Extends Position in Airborne Video Downlink Systems Market with Acquisition of Broadcast Microwave Services (BMS) Assets\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/vislink-extends-position-in-airborne-video-downlink-systems-market-with-acquisition-of-broadcast-microwave-services-bms-assets\/","og_site_name":"Market Newsdesk","article_published_time":"2023-09-15T11:20:58+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkyMjc4MyM1ODE2MTY5IzUwMDA1Mjc1MA==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/vislink-extends-position-in-airborne-video-downlink-systems-market-with-acquisition-of-broadcast-microwave-services-bms-assets\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/vislink-extends-position-in-airborne-video-downlink-systems-market-with-acquisition-of-broadcast-microwave-services-bms-assets\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Vislink Extends Position in Airborne Video Downlink Systems Market with Acquisition of Broadcast Microwave Services (BMS) Assets","datePublished":"2023-09-15T11:20:58+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/vislink-extends-position-in-airborne-video-downlink-systems-market-with-acquisition-of-broadcast-microwave-services-bms-assets\/"},"wordCount":900,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/vislink-extends-position-in-airborne-video-downlink-systems-market-with-acquisition-of-broadcast-microwave-services-bms-assets\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkyMjc4MyM1ODE2MTY5IzUwMDA1Mjc1MA==","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/vislink-extends-position-in-airborne-video-downlink-systems-market-with-acquisition-of-broadcast-microwave-services-bms-assets\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/vislink-extends-position-in-airborne-video-downlink-systems-market-with-acquisition-of-broadcast-microwave-services-bms-assets\/","name":"Vislink Extends Position in Airborne Video Downlink Systems Market with Acquisition of Broadcast Microwave Services (BMS) Assets - 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