Audio Craft Acquired by iVideo Technologies
Sixty-year-old Cleveland-based A/V specialist and residential/light commercial custom integrator Audio Craft has been acquired by iVideo Technologies, a supplier of products and services for the commercial audio, video and broadcast industries.
Tim Czyzak, president of iVideo Technologies, said Audio Craft was being brought in as a division, but that the Audio Craft brand would be continued in the Cleveland market. He added that the acquisition would enable iVideo to get into the residential and light-commercial categories, which the company had not serviced before. Audio Craft’s single retail showroom is closing, and operations will be consolidated within iVideo’s facilities, Czyzak said.
Greg Puntel, who will remain on board as regional accounts manager, said that Audio Craft president Wayne Puntel would retire from the company. Among others remaining on staff are Roger Abady, as accounts manager and Tony Farace as engineering specialist, Puntel said.