Israeli-based Kramer Electronics acquired Sierra Video Systems in a mutually beneficial agreement designed to boost Kramer's line of video equipment while enabling Sierra Video Systems access to Kramer's sales channels. Sierra Video Systems manufactures and distributes video and audio routing switchers for the professional AV, broadcast, government and presentation markets, while Kramer manufactures analog and digital audio, video and computer accessories for those markets, as well as home theater and security markets.

The new company will retain Sierra Video Systems President Eric Berliner, and will operate as Sierra Video Systems, a subsidiary of Kramer Electronics US.