Planar Systems, Inc. is an American digital display manufacturing corporation with a facility in

Hillsboro, Oregon Hillsboro ( ) is a city in the U.S. state of Oregon and is the county seat of Washington County, Oregon, Washington County. Situated in the Tualatin Valley on the west side of the Portland metropolitan area, the city hosts many High tech, high-te ...

. Founded in 1983 as a

spin-off Spin-off, Spin Off, Spin-Off, or Spinoff may refer to: Entertainment and media *Spinoff (media), a media work derived from an existing work *''The Spinoff'', a New Zealand current affairs magazine * ''Spin Off'' (Canadian game show), a 2013 Canad ...

from

Tektronix Tektronix, Inc., historically widely known as Tek, is an American company best known for manufacturing test and measurement devices such as oscilloscopes, logic analyzers, and video and mobile test protocol equipment. Originally an independent c ...

, it was the first U.S. manufacturer of

electroluminescent Electroluminescence (EL) is an optical and electrical phenomenon, in which a material emits light in response to the passage of an electric current or to a strong electric field. This is distinct from black body light emission resulting from ...

(EL) digital displays. Planar currently makes a variety of other specialty displays, and has been an independent subsidiary of Leyard Optoelectronic Co. since 2015. The headquarters, leadership team and employees still remain in Hillsboro,

Oregon Oregon ( , ) is a U.S. state, state in the Pacific Northwest region of the United States. It is a part of the Western U.S., with the Columbia River delineating much of Oregon's northern boundary with Washington (state), Washington, while t ...

History

1980s

Planar was founded on May 23, 1983 by Jim Hurd, Chris King, John Laney and others as a spin-off from the Solid State Research and Development Group of the

Beaverton, Oregon Beaverton is a city in the Tualatin Valley, located in Washington County in the U.S. state of Oregon, with a small portion bordering Portland. The city is among the main cities that make up the Portland metropolitan area. Its population was ...

, based Tektronix. In 1986, a division spun off from Planar to work on projection technology and formed

InFocus InFocus Corporation is a privately owned American company based in the state of Oregon. Founded in 1986, the company develops, manufactures, and distributes Digital Light Processing, DLP and LCD Video projector, projectors and accessories as well ...

1990s

In 1991, Planar purchased FinLux, a competitor in Espoo, Finland. This location now serves as the company's European headquarters. Planar's executives took the company public in 1993, listing the stock on the NASDAQ boards Planar acquired Tektronix's avionics display business, creating the short-lived Planar Advance in 1994. Standish Industries, a manufacturer of flat panel LCDs in Lake Mills, Wisconsin, was sold to Planar in 1997. This plant was closed in 2002 as worldwide LCD manufacturing shifted to East Asian countries.

2000s

On April 23, 2002, DOME Imaging Systems was purchased by Planar and became the company's medical business unit. Planar acquired Clarity Visual Systems (founded by former InFocus employees) on September 12, 2006, now referred to as the Control Room and Signage business unit. On June 19, 2006, Planar acquired Runco International, a leading brand in the high-end, custom home theater market. On August 6, 2008, Planar sold its medical business unit to NDS Surgical Imaging.

2010s

In November 2012, Planar announced the sale of its

business to Beneq Oy, a supplier of production and research equipment for thin film coatings. Under the terms of the transaction, consideration consists of a $6.5 million base purchase price, of which $3.9 million was paid in cash at closing and $2.6 million was paid in the form of a promissory note. Planar was purchased by Leyard Optoelectronic Co. of China in 2015 for $157 million. It became a subsidiary after formerly trading on the NASDAQ under the symbol PLNR. In November 2016, Planar announced that it was to enter a merger agreement with NaturalPoint Inc., which sells infrared point tracking systems for use on CGI movie sets (Optitrack), and home use both for assisted computing (Smartnav) and computer gaming ( TrackIR). The merger was finalized in January 2017. NaturalPoint will remain a separate business with its own executive team, customers, and market initiatives.

2020s

In 2020, a nearly 32-foot-long, 5-foot-high Planar TVF Series LED video wall was added to Lea County Communication Authority (LCCA)’s Lea County 911 Call Center. Planar completed the latest of three installations at the University of Oregon. The addition of Planar® CarbonLight™ CLI Flex™ pliable LED video wall displays, custom designed into two curved LED installations, at Matthew Knight Arena follows the companies deployments at the university’s Hatfield-Dowlin Complex in 2013 and Student Recreation Center in 2015. The company also expanded its presence at Clemson University in Clemson, South Carolina by adding an impressive collection of 126 Planar LCD displays and two Planar LED video walls in the Wilbur O. and Ann Powers College of Business. 200 Planar displays also appear in the university’s four-story Watt Family Innovation Center following an installation in 2016. On November 10, 2020, Planar expanded their US government division to enhance the company’s product security program to further adapt products and processes to best meet the product security needs of customers.

Operations

Planar currently assembles and services videowalls, projectors, and other displays in Hillsboro. Planar's EL manufacturing operations were consolidated into Planar's Espoo, Finland facility in 2002. Additional large-format displays are assembled and integrated in Albi, France.

Leyard Merger

On November 27, 2015, Planar closed its sale to become a subsidiary of Leyard Optoelectronic Co., a Chinese LED display product corporation. Headquarters operations for Planar remain in Beaverton, OR following the sale.

Locations

In addition to its Oregon, U.S. headquarters, Planar has worldwide reach. Its sales offices are located in Europe, North America, and Asia. It has manufacturing facilities in France, North America, and Finland.http://www.markets.co/planar-systems-inc-nasdaqplnr-a-hold-roth-capital/8425/ Planar Systems, Inc. (NASDAQ:PLNR) a Hold: Roth Capital

References

External links

Hoover's Profile of Planar SystemsInternational Directory of Company Histories, Volume 61 (1990)
via Answers.com
Planar Systems topic at ''New York Times''
{{FormerORCompanies Electronics companies of the United States Companies based in Hillsboro, Oregon Manufacturing companies based in Oregon Display technology companies Electronics companies established in 1983 Companies formerly listed on the Nasdaq 1983 establishments in Oregon 1993 initial public offerings 2015 mergers and acquisitions American subsidiaries of foreign companies Corporate spin-offs