Crestview to buy Elo from Gores
Summary
Headquartered in Milpitas, CA, Elo is a global leader in commercial digital interactivity solutions with over 45 years of history since its founding as the original inventor of the touchscreen.“We thoroughly enjoyed working alongside Craig Witsoe, who has been a two-time CEO for Gores, to complete a carve-out of the business and invest heavily in people, technology and infrastructure over the years.“Elo is well positioned having created multiple industry-leading solutions for our customers with our hardware, SaaS software, secure cloud connect, and component technologies.Witsoe continued, “We are excited about now working with Crestview and leveraging their broad resources to help take Elo to the next levels of growth and innovation for our customers.Elo is a global leader in touchscreen solutions including point of sale systems, self-service and interactive signage displays from 10 to 70 inches.