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|Traded as||Euronext: BAR|
|Founder||Lucien De Puydt|
|Jan De Witte, CEO|
|Products||display technology, projection technology, connectivity platforms, image processing|
|Revenue||€1.102 billion (2016)|
Number of employees
Barco NV is a technology company that develops sight, sound, and sharing solutions to help professionals work together, share insights, and wow audiences. Its focus is on three core markets: Enterprise (from meeting and control rooms to corporate spaces), Healthcare (from the radiology department to the operating room), and Entertainment (from movie theaters to live events and attractions).
In 2016, the company realized sales of 1.102 billion euro. It has a team of 3,500 employees located in 90 countries, whose passion for technology is captured in 400 granted patents.
Barco has been named Top Employer by the Top Employers Institute for several years in a row now.
- Entertainment: cinema and venues & hospitality
- Enterprise: control rooms and meeting rooms
- Healthcare: diagnostic, surgical and clinical imaging
Barco is an acronym that originally stood for Belgian American Radio Corporation.
Barco was founded in 1934 in the town of Poperinge, in the Flemish-speaking region of Belgium. Founder Lucien de Puydt's initial business was to assemble radios from parts imported from the United States – hence the name of his company, the Belgium American Radio Corporation, or "Barco."
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- Barco Graphics was the graphics division of the Belgian Barco Group. It was the result of the 1989 merger of Digitized Information Systems Corporation (D.I.S.C.), Aesthedes and Barco's own "Creative Group".
- In 1997, Barco acquired EIS (Electronic Image Systems), a manufacturer of CRT projectors for the flight simulation market.
- In 1998, Barco ETS, now Ucamco acquired Gerber Systems Corp., a manufacturer of plotters and automatic optical inspection (AOI) systems for printed circuit boards.
- In 1999, it acquired Metheus Corporation, a Tektronix spin-off and manufacturer of professional graphics controllers .
- In 2004, it acquired Voxar, a 3D medical imaging software company
- In 2004, it acquired Folsom Research, Inc, whose product lines cover image processing, image communication and image functionality & interactivity.
- In 2008, it acquired High End Systems, an automated luminaires, digital lighting and lighting controls company
- In 2010, it acquired Fimi, a company specialized in medical imaging
- In 2010, it acquired all intellectual property of Element Labs, a manufacturer of LED equipment
- In 2010, it acquired dZine, a Belgium-based company specialized in Digital signage
- In 2012, it acquired IP Video Systems, a company specialized in networked visualization
- In 2012, it acquired JAOtech, a manufacturer of patient entertainment and point-of-care terminals for hospitals,
- In 2013, it acquired AWIND, a manufacturer of hardware and software for wireless presentation systems
- In 2013, it acquired projectiondesign®, a manufacturer of projection technology
- In 2014, it acquired X20 Media Inc, an enterprise communication specialist
- In 2014, it acquired IOSONO GmbH, a 3D audio expert
- In 2015, it acquired Advan Int'l Corp, a manufacturer of LCD displays
- In 2016, it acquired Medialon Inc, a US based company
- In 2016, it acquired MTT Innovation Inc., a Canadian developer of next-generation projection technology (HDR)
- In 2002, Barco Graphics was acquired by Danish Purup-Eskofot, and renamed Esko-Graphics, which was again renamed Esko in 2006.
- In 2007, BarcoVision was acquired by Itema Group from Bergamo, Italy.
- In 2008, Barco sold its Advanced Visualisation (AVIS) group (the previously acquired Voxar) to Toshiba Medical (TMSC).
- In 2014, Barco divested a wholly owned subsidiary of Barco NV, Barco Orthogon, based in Bremen, Germany, to Exelis.
- In 2015, Barco's Defense & Aerospace division was sold to US-based Esterline Technologies Corporation (NYSE: ESL).
CEO 2016 - Jan de Witte
CEO 2008 - 2016 Eric Van Zele
CEO 2002 - 2008 Martin De Prycker
CEO - 2002 Hugo Vandamme
Barco’s Corporate Sustainability Committee, consisting of 13 members, under the leadership of Filip Pintelon, devises an overall sustainability strategy. Under the label “Barco 2020”, Barco is currently developing a sustainability plan encompassing three pillars: our people, our community and our planet.
A few achievements:
- "acquires Metheus Corporation in U.S". Barco. Retrieved 2014-02-04.
- "signs agreement with Italian Itema to divest its division BarcoVision". Barco. 2007-07-19. Archived from the original on 2007-08-08. Retrieved 2014-02-04.
- (2008-11-21). "Barco verkoopt verlieslatende Voxar: De Tijd". Tijd.be. Retrieved 2014-02-04.
- "Investors | Barco sells Advanced Visualization business to Toshiba". Barco. 2008-11-21. Archived from the original on 2009-02-04. Retrieved 2014-02-04.
- "Barco finalizes sale of its Defense & Aerospace division to Esterline". Barco. 2015-02-02. Retrieved 2015-02-11.