All items tagged with acquisitions (226)

The Focusrite Group Announces Acquisition of Studio Monitor Company ADAM Audio

July 16, 2019 by audioXpress Staff

The Focusrite Group Announces Acquisition of Studio Monitor Company ADAM Audio

British company, The Focusrite Group, which comprises the Focusrite, Focusrite Pro, Novation and Ampify Music brands, announced the acquisition of studio monitor company, ADAM Audio GmbH of Berlin, Germany. The group of companies has recently defined a new growth strategy and adding speakers to their product mix was the first acquisition for The Focusrite Group since going public in 2014. “A clear demonstration of our careful consideration around which brands should join in the Group’s mission to ‘Remove Barriers to Creativity’”, the company states.

Biamp Systems Accelerates Expansion with Acquisition of Community Loudspeakers and Apart Audio

July 11, 2019 by Joao Martins

Biamp Systems Accelerates Expansion with Acquisition of Community Loudspeakers and Apart Audio

Biamp Systems, a manufacturer of video and audio networked solutions for commercial audio applications based in Beaverton, Oregon, announced the acquisition of Audioprof Group International, parent company of Community Loudspeakers based in Philadelphia, Pennsylvania and Apart Audio based in Antwerp, Belgium from 3d Investors of Gent, Belgium. The strategic acquisition follows the expansion strategy defined by Rashid Skaf, Biamp's President and CEO, appointed by Highlander Partners, a private investment firm which acquired Biamp in November 2017.

Sennheiser Acquires Majority Stake in VR/AR Audio Software Company Dear Reality

July 9, 2019 by audioXpress Staff

Sennheiser Acquires Majority Stake in VR/AR Audio Software Company Dear Reality

Sennheiser has taken a majority sharehold in Dear Reality GmbH. The German company specialized in spatial audio algorithms and VR/AR audio software will continue to operate as a separate company based in Düsseldorf and Dear Reality confirms that its existing customers will be able to rely on existing dearVR products, while looking forward to new joint VR/AR workflows developed in collaboration with Sennheiser. Uwe Cremering, responsible for AMBEO Immersive Audio at Sennheiser, will support the company as a third CEO alongside founders Achim Fell and Christian Sander.

Infineon to Acquire Cypress Semiconductor Aiming Expanded Growth in Connectivity Technologies

June 3, 2019 by audioXpress Staff

Infineon to Acquire Cypress Semiconductor Aiming Expanded Growth in Connectivity Technologies

Infineon Technologies AG and Cypress Semiconductor Corporation announced that the companies have signed a definitive agreement under which Infineon will acquire Cypress for US$23.85 per share in cash, corresponding to an enterprise value of €9.0 billion. The transaction is expected to yield €180 million in cost synergies per annum by 2022 and more than €1.5 billion annual revenue synergies in the long-term, the announcement states.

NXP to Acquire Wi-Fi and Bluetooth Connectivity Assets from Marvell

May 31, 2019 by audioXpress Staff

NXP to Acquire Wi-Fi and Bluetooth Connectivity Assets from Marvell

NXP Semiconductors N.V. announced that its wholly owned subsidiary has entered into a definitive agreement with Marvell to acquire Marvell’s Wireless Connectivity portfolio in an all-cash, asset transaction valued at $1.76 billion. The acquisition encompasses Marvell’s Wi-Fi Connectivity Business Unit, Bluetooth technology portfolio and related assets. NXP expects the acquisition to create new revenue opportunities in its target end markets, including connected devices, automotive and communication infrastructure applications.

SnapAV Acquires Control4 to Create Merged Smart Integration Solutions Business

May 10, 2019 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.

Mimi Hearing Technologies Acquires 3D Sound Labs

April 11, 2019 by audioXpress Staff

Mimi Hearing Technologies Acquires 3D Sound Labs

Mimi Hearing Technologies, a leading company in digital hearing tests and hearing-ability-based sound personalization, has announced the acquisition of French company 3D Sound Labs, the developers of 3D Audio technologies, including a HRTF (Head-Related Transfer Function) personalization service that improves the realism of the audio listening experience. According to Mimi, 3D Sound Labs has the know-how and intellectual property to help them further enhance Mimi Defined, the company’s state-of-the-art sound personalization technology.

March 18, 2019 by audioXpress Staff

Plantronics + Polycom Merger Relaunched as Poly

Following the acquisition of Polycom, confirmed in July 2018, Plantronics, announced that the company will transform into Poly, a technology company focused on the human experience of communications and collaboration, aiming to make communication as rich and natural as in-person. Poly aims to be the solution of choice whenever and wherever collaboration clouds reach people. To connect people, not things, the company motto says.

Sensory Acquires Vocalize.ai for Speech Technology Testing Capabilities

February 14, 2019 by audioXpress Staff

Sensory Acquires Vocalize.ai for Speech Technology Testing Capabilities

Sensory Inc., a Silicon Valley company that pioneered speech recognition and AI in consumer electronics, announced the acquisition of Vocalize.ai, a software tools and services company that performs benchmarking, accuracy assessments and bias evaluations for speech technologies and natural language interfaces. As part of the acquisition, Sensory will maintain Vocalize.ai as an independently operated division.

eero Mesh Home WiFi Specialist Acquired by Amazon

February 12, 2019 by audioXpress Staff

eero Mesh Home WiFi Specialist Acquired by Amazon

Amazon and eero announced that they have entered into a definitive merger agreement under which Amazon will acquire eero, a company that offers products and services for high-performing, simple home mesh WiFi systems. Eero's products have been available since 2017 and basically blanket every room of a home with high-performing WiFi, earning a 4.6-star product rating on Amazon.com. Apparently, Amazon was excited with the company's next generation solutions, which the company says will enable better connected home devices.

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