Completion of Flanders Scientific acquisition
Released
Released
Announcement PDF
AUSTRALIA – USA – UK – GERMANY – CHINA – JAPAN | PG 1
ASX Announcement
ATOMOS LIMITED (ASX:AMS)
27 April 2026
Completion of Flanders Scientific acquisition
Settlement funded by CBA Finance Facility
Melbourne, Australia - Atomos Limited (‘ASX:AMS’, ‘Atomos’ or the ‘Company’), a global
leader in professional video monitoring and workflow tools, is pleased to announce it has
completed the acquisition of 100% of the issued capital of Dan Desmet & Associates, Inc.,
doing business as Flanders Scientific, Inc. (FSI).
FSI a long-standing, and trusted global brand providing a suite of highly calibrated professional
reference monitors with a global reputation for expertise in colour science & reference display
technology. The acquisition of FSI expands the Atomos ecosystem by incorporating products
that address critical customer challenges further along the video production process.
Post synergies and before any revenue growth FSI is expected to generate annual EBITDA of
$1m.
The upfront consideration paid was approximately $2.35m in cash and 5,602,592 in AMS
shares.
Settlement of CBA Finance Facility
Atomos has executed required security and financing documentation with the Commonwealth
Bank of Australia (CBA) for a new $10m Business Finance Facilty (Finance Facility) (refer
announcement on 10 April 2026).
To fund the completion payments, Atomos has drawn on the Finance Facilty, with the remaining
loan proceeds being used to accelerate Atomos Product Development, increase Inventory
holdings and provide general working capital for both Atomos and FSI.
Concurrent with the Finance Facility, Atomos has executed an Amendment Deed under the
Monreii facility reducing the funding costs from 20% per annum to 13%, an approximate saving
of $0.7m annually.
Commenting on the FSI acquisition, Atomos Managing Director & CEO, Peter Barber, said,
“We are excited to welcome the FSI business and team to Atomos and look forward to working
closely together to furthering our commitment to monitoring at every level, from on-camera
through to final delivery, while also accelerating our ability to support the highest tier of
professional production and post-production workflows.”
“The initial reaction from customers has been very positive and we are now focused on an
efficient integration process, enabling the realisation of synergies across the business.”
“We would also like to thank CBA for their support as we continue to execute on our growth
strategy”.
AUSTRALIA – USA – UK – GERMANY – CHINA – JAPAN | PG 2
This announcement has been authorised for lodgement with ASX by the Board of Directors.
--ENDS—
For further information, please contact:
Peter Barber
Managing Director and CEO
peter@atomos.com
Atomos’ Interactive Investor Hub
Our investor hub is an interactive location to engage with the Atomos team on our
announcements and updates.
Please go to the Atomos Investor Hub for all market announcements & other news
https://investors.atomos.com
About Atomos
ATOMOS designs pioneering products that transform the way film and video content is made
around the world. From our range of hardware devices for monitoring and recording, easy-to-
use software tools, and intelligent cloud services, we engineer best-in-class technologies and
create products for the next generation of filmmakers.
Through relentless innovation, we simplify your workflow. Whether you record cinema-quality
footage, monitor a scene with crystal clear colour accuracy, switch between multiple cameras,
or stream a live event with a portable studio, ATOMOS empowers anyone to realize the best
possible version of their creative potential.
ATOMOS is based in Melbourne, Australia, with a distributed worldwide team and offices in the
USA, Japan, China, UK, and Germany and has a worldwide distribution partner network.
For more information, please visit www.atomos.com.
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