Evertz Technologies Limited (TSX:ET) entered into an asset purchase agreement to acquire Studer's Strategic Assets from Harman International Industries, Incorporated on January 11, 2021. The agreement includes the Studer brand, technology and related assets. Evertz will invest in Studer to develop next-generation products to meet broadcast customers' future needs while creating synergies between its current product suite and the Studer product environment. The stewardship of the Studer brand will continue on under Evertz’s leadership. The transaction is expected to close in the first quarter of calendar 2021.