Kramer Electronics
Native name
קרמר אלקטרוניקה בע"מ‎
TypePrivate limited company
Industry
Founded1981 (1981) in Israel
FounderJoseph Kramer
Headquarters
Tel Aviv
,
Israel
Number of locations
20
Area served
Key people
Gilad Yron (CEO)
Products
RevenueUS$200 million (2021)
Number of employees
700 (2021)
ParentFortissimo Capital
Websitekramerav.com

Kramer Electronics is an Information and communications technology company that designs, manufactures and distributes network-based devices and networking cables for professional video over IP and audio over IP. Products are commonly used for Video Conferencing, Education Technology and Closed-circuit television. Customers' include commercial enterprises and institutions such as universities, courts and local authorities. Kramer devices facilitate online control and enable hybrid (mixed local and remote) and BYOD (bring your own device) use cases. Kramer were wholly owned and managed by founder Joseph Kramer until 2021, when they were bought by the Israeli private equity fund Fortissimo Capital.[1]

History

Kramer Electronics was founded in 1981 by Joseph Kramer, who has a PhD in pharmaceutical biology and was working in research and development at a company that manufactured headphones. His employer went out of business and Kramer foresaw the significance of video, then in its infancy, and used his previous employer's distribution channels to start selling video products of his own design.

Acquisition of Sierra Video

In 2003, Kramer Electronics bought Sierra Video, a company that manufactures Broadcast Routing equipment which expanded the Kramer product offering into large format routing products for composite video, RGBHV video and SDI and HD-SDI signals as well as audio signals.[2]

Acquisition of UC Workspace

In February 2022, it was announced Kramer has acquired the hybrid collaboration meeting room application provider, UC Workspace.[3]

References

  1. ↑ "Fortissimo Capital Fund acquires a controlling stake in Kramer Electronics" (Press release). Kramer Electronics. 9 February 2021.
  2. ↑ "Kramer Electronics Acquires Sierra Video Systems". 30 September 2008.
  3. ↑ "Kramer Electronics acquires UC Workspace". PCR. Retrieved 2 February 2022.
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