FANVISION ENTERTAINMENT ACQUIRES RACING ELECTRONICS TO PROVIDE BEST IN-CLASS SERVICE TO NASCAR® FANS
FanVision’s Portfolio Continues to Expand and Provide Even More Options For Fans Throughout the Racing Community
NEW YORK (Sept 10, 2015) – FanVision Entertainment announced today that it has acquired Racing Electronics (RE). FanVision and RE combined will reach race teams, drivers, sponsors, and fans with cutting edge communication products and services across all major North American motorsports series.
Over the past 28 years, RE has built the most trusted brand in race communications. With operations in NASCAR, IndyCar, NHRA, ARCA, and other racing series, RE will provide access to new markets for FanVision’s NASCAR-focused product line of digital audio, video, and stats devices.
“Motorsports is very important to FanVision, and RE is an integral part of that ecosystem. We love their technology, their know-how, and their approach to the business,” said Andrew Daines, CEO of FanVision Entertainment.
“We are thrilled to be joining the FanVision Entertainment family,” said Bruce Silver, Founder of Racing Electronics and now President of Motorsports for FanVision. “Our combined products and expertise make this a very exciting company.”
Fans should expect no changes or interruptions in service for FanVision and Racing Electronics products, websites, and trackside locations as a result of the deal.
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About FanVision Entertainment
FanVision Entertainment, LLC is the leader in fan technology and in-venue digital content delivery. The company develops innovative solutions to enrich the in-stadium experience by producing and wirelessly delivering audio, video, stats, and sponsorship content to screens of all sizes. FanVision was founded in 2010 and is a property of RSE Ventures, a multi-national sports and entertainment venture firm. For more information about FanVision, visit www.fanvisionentertainment.com.
About Racing Electronics
Racing Electronics is the number one supplier of race communications worldwide. Founded in 1988, the company services and sells the finest communications equipment to sanctioning bodies, race tracks, professional and amateur racers, and race fans. Racing Electronics is headquartered in Concord, North Carolina with manufacturing facilities on site. The company is a proud full-line Motorola dealer, and manufactures and sells its own line of headsets, wiring products, race scanners, headphones and accessories. For more information about Racing Electronics, visit www.racingelectronics.com.