Business News

Clear-Vu Consolidates Position as Media Packaging Leader Through Acquisition of Nexpak Brand and Assets

Wednesday 19. August 2009 - Clear-Vu, the leading provider of media security packaging, announced today the completed acquisition of the brand and related assets of its main competitor, Nexpak Corporation.

Clear-Vu has long been the innovator in the retail/rental marketplace for security packaging of disc-based media such as CDs, DVDs, and now Blu-ray discs. By acquiring established product lines including Amaray II Benefit Denial and SecureCase, Clear-Vu will enhance its existing portfolio of One-Time and Zenith Pac products, as well as foster new relationships with Nexpak’s distributor and customer base. Nexpak’s benefit denial technology, in particular, is a cost-effective method of theft deterrence that destroys a disc upon unauthorized access.
While the traditional retail/rental model of content distribution is often viewed as in its sunset years, Clear-Vu has identified and capitalized a niche growth market in physical media amidst the onslaught of digital distribution.
“We continue to see year-over-year growth in security packaging, especially in the library market, by integrating novel technologies such as Radio Frequency Identification (RFID) and self-checkout through our partnership with Checkpoint Systems and 3M Library Systems,” said Daniel Lax, VP Business Development of Clear-Vu.
The acquisition, which was effected through a bankruptcy auction held last month in Delaware, solidifies Clear-Vu’s standing as the preeminent supplier in the market to video rental chains, library distributors, and technology companies, and will open up new opportunities with leading media content providers.