Evertz Microsystems
 | |
| Company type | Public |
|---|---|
| TSX: ET | |
| Industry | Broadcast_engineering |
| Founded | Burlington, Ontario (1966) |
| Founder | Dieter Evertz, Rose Evertz |
| Headquarters | Burlington, Ontario, Canada |
Area served | Worldwide |
Key people | Romolo Magarelli (CEO) Douglas DeBruin (Chairman of the Board) Rakesh Patel (CTO) |
| Products | Electronics |
| Revenue |  CAD$ 177.38 million (2011) |
| CAD$ 77.39 million (2011) | |
| Total assets | CAD$ 409.86 million (2011) |
| Website | www.evertz.com |
Evertz Microsystems (publicly traded as Evertz Technologies) is a Canadian developer and manufacturer of electronic systems for the broadcast and film industry. Originally founded in 1966 by Dieter and Rose Evertz and specializing in equipment for film timecode and closed captioning, the company was purchased and reorganized in 1997 by a group of former employees of Leitch Technology (now owned by Harris Corporation).
Evertz held an initial public offering in June of 2006 and raised $67 million CAD[1], listing its stock on the Toronto Stock Exchange.[2] In June, 2011, Evertz announced it would buy back as many as 3.8 million of its 74.47 million outstanding shares.[3]
In 2008, Evertz was awarded the Philo T. Farnsworth Corporate Achievement Award, which is a Primetime Emmy award given by the Academy of Television Arts & Sciences to honor companies which have significantly affected the state of television and broadcast engineering over a long period of time.
References
- ^ "TV hardware maker Evertz completes $67-million IPO". Globe and Mail. Retrieved 19 July 2011.
- ^ "Evertz hopes TSX gives it a profile for growth". Globe and Mail. Retrieved 19 July 2011.
- ^ "Evertz Technologies to buy back 3.8 mln shares". Reuters Inc. Retrieved 19 July 2011.