Tag: Jason Oakley
NAV revenue up 10 percent in 2012
April 9, 2013SSN Staff
BRICK, N.J.—North American Video, an integrator based here, reported a 10 percent revenue increase in 2012, a result of its resurgent gaming business and growth in some new verticals.The company expects the trends to continue and to be led by gaming, a market that struggled periodically during the recession.“Continued growth in our core gaming business is being driven by a combination of our expanded offerings and new jurisdictions as states approve or expand gaming to raise tax revenues,”...
NAV acquires Nexus for $2.8m cash
August 25, 2011Martha Entwistle
BRICK, N.J.—In a deal that NAV CEO Jason Oakley says will “double our operational capability and capacity across the tri-state region,” NAV on August 22 announced that it's acquiring Nexus Technologies.
NAV paid $2.8 million cash for Nexus, according to Tom McMillen, CEO of Homeland Security Capital Corporation, the former owner of Nexus.
HSCC had owned Nexus for five years. “We decided to sell Nexus because we're exiting the integration business, it's not core to what we're...