All items in category Industry News
Amazon Alexa and Google Assistant In Neck and Neck Fight For Smart Speaker Leadership
by audioXpress Staff

Amazon Alexa and Google Assistant In Neck and Neck Fight For Smart Speaker Leadership

The Amazon Alexa and Google Assistant platforms will take an almost equal share of the global smart speaker market this year, according to the latest forecast from Strategy Analytics. Amazon Alexa had a 37.7% share of sales in 2018, but this will decline to 31.7% in 2019, while Google Assistant’s share will rise from 30.3% to 31.4%, the company predicts. Global sales of all smart speakers are expected to reach 135 million units in 2019, a growth rate of 57%.
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Voice Algorithm Software Ecosystem Expected to Increase Significantly
by audioXpress Staff

Voice Algorithm Software Ecosystem Expected to Increase Significantly

The massive growth in the voice assistant market has created a vibrant ecosystem and significant opportunities for hardware and software developers. Total voice software unit shipments are expected to increase significantly to 2024, according to SAR Insight & Consulting. The firm latest report forecasts a larger increase in voice software, especially within home devices such as smart speakers, soundbars, smart TVs and smart appliances.
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Neutrik Fights Product Piracy and Announces Initiatives to Protect Its Patents and Trademarks
by audioXpress Staff

Neutrik Fights Product Piracy and Announces Initiatives to Protect Its Patents and Trademarks

At the 2019 Prolight+Sound show in Frankfurt, Neutrik went on a determined offensive against product piracy. Following Neutrik’s request, police seized numerous products that clearly violate intellectual property rights. Moreover, extensive warnings to cease and desist have also been sent to the companies concerned and further legal action has already been launched by the famous manufacturer of professional connector products for audio and video.
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SnapAV Acquires Control4 to Create Merged Smart Integration Solutions Business
by audioXpress Staff

SnapAV Acquires Control4 to Create Merged Smart Integration Solutions Business

SnapAV, a leading manufacturer and supplier of A/V, surveillance, networking and remote management products for professional integrators, announced the acquisition of Control4 Corporation, a leading global provider of smart home solutions. The two companies entered into a definitive merger agreement whereby SnapAV will acquire Control4 in an all-cash transaction for $23.91 per share in cash, representing an aggregate value of approximately $680 million. The acquisition is expected to close in the second half of 2019.
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NAD Electronics and Purifi Audio Announce Cooperation Agreement
by audioXpress Staff

NAD Electronics and Purifi Audio Announce Cooperation Agreement

NAD Electronics, the acclaimed high fidelity audio brand, particularly recognized for its innovations in amplifiers, announced that it will be the first international brand to incorporate and launch Purifi’s new patent-pending class-D technology into its product family. The announcement was made at the opening of another edition of the High End 2019 show, in Munich, Germany. NAD will license Purifi’s patent-pending amplification technology to create its next-generation amplifier platform.
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WiSA Announces Certification of Electrocompaniet Latest EC Living TANA L-2 Speaker
by audioXpress Staff

WiSA Announces Certification of Electrocompaniet Latest EC Living TANA L-2 Speaker

WiSA, the Wireless Speaker and Audio Association founded by Summit Wireless Technologies and comprised of leading consumer electronics brands, announced the certification of EC Living’s TANA L-2 wireless speaker. The TANA L-2, set for retail launch in Summer 2019, is part of EC Living’s wireless lifestyle speaker system, a division of Norwegian company Electrocompaniet.
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Rhapsody International Adds MQA Studio Quality Audio To ‘Powered By Napster’ Platform Service
by audioXpress Staff

Rhapsody International Adds MQA Studio Quality Audio To ‘Powered By Napster’ Platform Service

Rhapsody International Inc., a pioneer in digital music and leading provider of music streaming technologies and services for businesses, announced it has completed a global agreement with MQA, the company delivering authenticated master quality music in a file small enough to stream. Rhapsody’s Powered by Napster platform service now offers partners the option to choose high-resolution and studio-quality audio for those who select MQA (Master Quality Authenticated) as their format of choice.
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Professional Headphones Market On Track to Exceed US $540 Million
by audioXpress Staff

Professional Headphones Market On Track to Exceed US $540 Million

Futuresource Consulting shared some top line trends from its Professional Headphone Market Report and confirms that the pro headphones market achieved global revenues of more than US $540 million in 2018, and is on track to reach nearly US $800 million by 2023. The strategic market segment is expanding in home studio and DJ applications, which in turn vastly influences the wider consumer market. The comprehensive new market report from Futuresource Consulting is now available.
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Simulation On-The-Go with COMSOL Client for Android
by audioXpress Staff

Simulation On-The-Go with COMSOL Client for Android

COMSOL Client for Android app is now available in the Google Play store. COMSOL Client for Android enables engineers, scientists, and students to to run COMSOL Multiphysics simulation applications from an Android device, on the road, and without being limited by device hardware. An ideal solution also for anyone who works in the field and needs to have quick access to ongoing R&D work. Another important way to make multiphysics simulation more accessible every day.
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Massdrop Announces Name Change to Drop
by Joao Martins

Massdrop Announces Name Change to Drop

Community-driven commerce platform announced a name change from Massdrop to just Drop. The company, headquartered in San Francisco, CA, and founded by Steve El-Hage and Nelson Wu in 2012, is getting ready for a major expansion. More than just a name change, the company is getting ready to start serving new markets, such as Europe and Asia, which have been demanding availability of the same model in local currencies and with the convenience of fast shipping.
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