StormAudio Separates from Auro Technologies and Forms Immersive Audio Technologies Group
Auro Technologies has agreed to sell its StormAudio High-End Immersive Audio Hardware Brand Division to Yves Trélohan, the company's Senior VP, with backing from Saffelberg Investments. The acquisition encompasses the StormAudio hardware brand, its intellectual properties, infrastructure and inventory, all now hosted in a dedicated new company, Immersive Audio Technologies Group. With the management buyout, StormAudio is free to work closer on technical and marketing initiatives with Dolby and DTS.