Barco Buys Norwegian Projection Tech Firm

Belgian visual technology company Barco said on Wednesday it had acquired a majority stake in a Norwegian projection technology firm to help it push deeper into the mid-sized segment of the projection market. Barco, whose main growth engine in recent years has been digital cinema projectors, said it had bought a 61 percent stake in projectiondesignfrom private equity firm Herkules Capital. The remaining shares are held by minority shareholders. Terms were not released.