The Videocom division of British camera peripherals and broadcast services group Vitec has sold Clear-Com Communication Systems to digital intercom specialist HME.
HME hopes the deal will provide Clear-Com with access to a range of complementary communication solutions and economies of scale in both product development and manufacturing operations.
No official financial details were revealed but reports suggest the deal could be worth up to £8.7m.
Clear-Com will become a wholly owned business within HME.
Joop Janssen the chief executive of the Videocom Division said: “HME is best positioned to provide Clear-Com with additional key technology advantages in wireless, greater market reach, and simply bigger critical mass in terms of operations and manufacturing.”
Clear-Com provides mission-critical voice communication systems for broadcast and professional audio markets.
In 2009 the company made an operating loss before tax of £3.5m on sales of £22.3m.
HME makes digital wireless intercom products for various markets including pro audio.