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Digital media retail company YCD Multimedia has acquired digital signage software company C-nario, and the combined company has raised $6m (£3.7m) from venture capitalists to pursue new opportunities.

The integrated business will provide 'a robust, end-to-end solution' for retail and other markets. Support infrastructure for the existing 2,000 client brands, which YCD states includes Fortune 500 companies, will remain in place.

"This step opens new horizons and creates tremendous opportunities for the consolidated company," said Noam Levavi, chief executive of YCD.

C-nario was chosen this year for airport installations in Zurich and Mumbai, and at Moscow University.