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Masimo

Big Changes Hit Sound United as Terminated President Duffy Exits Today

August 5, 2022 by Ted 3 Comments

Kevin Duffy, head of Sound United terminated by Masimo
Kevin Duffy

Sound United VP James Krakowski Announces Departure As Well

On April 11, 2022, Masimo Corp. appointed Kevin Duffy – then CEO of Sound United – President of the Consumer Division of Masimo Corp. as part of its $1 billion acquisition of Viper Holdings Corp., Sound United’s parent company. Duffy was offered a fairly rich package, with salary and certain other benefits and perks that could be worth millions of dollars, in some cases after a vesting period.

Then, just ninety days later, the company filed paperwork with the SEC saying that it had terminated Duffy “without cause.”

See more on Duffy’s exit from Sound United and Masimo

[Read more…] about Big Changes Hit Sound United as Terminated President Duffy Exits Today

Filed Under: Brands, Management, Manufacturers, News, People, Specialty, Strategy Tagged With: acquisition, James Krakowski, Kevin Duffy, Masimo, Sound United

Sound United Acquired by Medical Products Maker Masimo Corp. in $1B Deal

February 16, 2022 by Ted 9 Comments

Masimo website home page
Masimo Corp’s website [Click to enlarge]

BREAKING NEWS

Sound United, LLC, one of the audio industry’s leading providers of high-quality branded electronics and loudspeaker products, announced late Wednesday that it is being acquired by Masimo Corporation, a global provider of medical products, in a deal valued at $1.025 billion. The two companies have entered into a definitive agreement in a transaction that is expected to close later in 2022.

See more on Masimo acquiring Sound United

[Read more…] about Sound United Acquired by Medical Products Maker Masimo Corp. in $1B Deal

Filed Under: Brands, Financial, Management, Manufacturers, News, Strategy Tagged With: acquisition, Masimo, Sound United

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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