Bankrupt MultiTaction brand products saved by US buyout

Having previously been declared bankrupt, Finnish company MultiTaction, known for its slick multitouch display hardware and software, has been bought by MultiTaction Americas, a separate US wing of the company.

All its assets have been acquired and a reorganisation is underway.

The new owner says the revised structure will allow it to maintain its global reach and better serve its largest markets without interruption.

The revamped organisation will be led by its US-based management team, CEO and president Dan Acquafredda and chief operating officer Danny Santiano.

“MultiTaction will be more agile and competitive than ever,” said Acquafredda. “This will enhance our customer service and unlock new opportunities.

“We are proud of what MultiTaction has achieved in its 15-year history and are very excited that we are able to continue to provide our customers with the most advanced interactive display and collaboration solutions available.

“Working together with our world-class partners, we will now be better positioned to support our clients both in North America and internationally.”

AV Magazine previously reported how Displax and Intuiface had teamed up to provide system integrators with a cost-competitive reliable alternative to MultiTaction’s hardware and software amid the continuing uncertainty surounding its products.