Powersoft Acquires K-Array and Signals Transition to Solution Provider
Powersoft, the Italian company that heads the Powersoft Group operating worldwide, announced the signing of a binding investment agreement to acquire 51% of the share capital of K-array from shareholder H.P. Sound Equipment. Powersoft says that the acquisition of K-Array expands and strengthens its position as a professional audio solutions provider, allowing the group to transition from a product focus into becoming a solution provider in existing and new markets.