WorldStage Acquires Bay Area Tech Company Tekamaki
(February 8, 2015) — Adding to the company’s San Francisco Bay area presence, WorldStage Inc, a leading provider of high-tech equipment, engineering and planning for the event industry, recently announced the acquisition of Tekamaki, LLC. In a deal to be closed in February 2016, Tekamaki, a 12-year old event technology firm specializing in complex technological solutions, will build on WorldStage’s recent expansion in the Bay area through its WorldStage LAB facility, which opened in 2014.
Stated WorldStage President and COO, Joshua Weisberg, “The basis of our success at WorldStage has been our talented, experienced and innovative staff. I don’t think there is a better match for our team than the people at Tekamaki. We’ve known them well for many years and have tremendous admiration for their practical abilities and out-of-the-box perspective.”
Gary Standard, WorldStage CEO added, “We’ve had a great deal of success since opening the LAB in San Francisco and, with this acquisition, we’re doubling down on our commitment to the Bay area tech community.“
WorldStage intends to operate the existing Tekamaki facility in San Carlos, CA in tandem with its LAB facility in the San Francisco Design District, providing the West Coast event technology community with a resource for the most innovative solutions for a wide range of challenges and opportunities. The companies currently service an array of Bay area clients and production companies, including Oracle, Intel, Electronic Arts, Google, InVision and Kenwood Group, providing audio, video and ancillary technology for conferences, retail, art events and fixed installations.
Speaking about the upcoming change, President and founding partner of Tekamaki, Matt Ward, stated, “We’ve seen tremendous growth over the past couple of years, and we were certain that we could do a better job of supporting that growth as part of a larger organization. By joining with our friends at WorldStage, we can utilize their experience and extensive resources to bring our clients greater capabilities and depth of service. The combination will provide significant benefits for the clients of both companies.”