Harman International Industries, Inc. announced today that is has acquired St. Louis-based Yurbuds, LLC., a manufacturer of headphones. Terms of the transaction were not disclosed. The acquisition seems surprising, given the fact that Harman already owns brands such as JBL and AKG that already offer headphones.
Harman
Harman Takes Control; Acquires AMX
The release came across the wire at 8:00AM this morning and caught the industry totally off-guard – Harman International Industries, Inc. announced that it has signed an agreement with privately-held The Duchossois Group, Inc. to acquire its AMX, LLC subsidiary for $386 million. The move was not an immediately obvious one for Harman, which has been largely focused on building its automotive electronics division into a worldwide powerhouse.
But Harman did say it had a reason for taking this dramatic step… [Read more…] about Harman Takes Control; Acquires AMX
Seeing Through to the Essence of ClearView
Sometimes making no impression is the way to make the biggest impression of all! Massachusetts-based ClearView® Audio (www.clearviewaudio.com/) launched an innovative transparent music system at CES 2014 and is enjoying a great response from dealers, domestic and international. Called Clio, this first product stands just over 9 inches tall, streams over Bluetooth, and has an MSRP of $349. [Read more…] about Seeing Through to the Essence of ClearView
Eli Harary, Ex-D&M, Launches AudioXperts
Well-known industry personality Eli Harary, formerly with D&M’s Boston Acoustics division (which he left in June 2011), announced today that he is forming a new company called AudioXperts. AudioXperts will offer a “collection of unique designer/consumer-friendly high performance audio solutions.” Harary, the new company’s President, has assembled a team of…presumably…audio experts, to assist him in this endeavor.
