Marantz To Merge with Denon
Marantz Japan Inc., its largest shareholder (49%), Royal Philips Electronics, and Denon, Ltd., its largest shareholder (98%), Ripplewood Holdings L.L.C. today announced the establishment of D&M Holdings Inc. a joint holding company, to merge the operations of Marantz and Denon, two leading companies in the specialist home entertainment products market.
Aston Martin, Linn Partner On Car Audio System for New V12 Vanquish
Much like the Mark Levinson and Lexus partnership in 2001, Aston Martin and Linn have announced that they will work together in a new partnership that will result in a unique audio system being offered on the V12 Vanquish.
Tuesday, 26 February 2002
Nakamichi Japan Files For Bankruptcy
Citing the ten year economic downturn domestically in Japan, Nakamichi Japan announced on February 19, 2002 that they are filing with the Japanese government for their version of Chapter 11 bankruptcy protection. The parent company that owns Nak, Grande Group, is pledging to sponsor the reorganization and restructuring. Grande is a diversified company owning interests in consumer electronics, gaming and hotels.
Monday, 18 February 2002
Home Entertainment 2002,The Home Theater & Specialty Audio Show, Returns to New York City
The Home Entertainment Show is returning to New York City for a second year in a row. Educational seminars and live musical performances along with some surprises offer something for everyone at this annual event.
This consumer oriented show is co-sponsored by Home Theater, Stereophile Guide to Home Theater, Stereophile, and Audio Video Interiors magazines.
Thursday, 10 January 2002
Onkyo America – NOT Onkyo USA – Files for Bankruptcy
Onkyo USA, manufacturers of affordable home theater equipment, is alive and well despite confusing news reports. A completely different company, Onkyo America, is filing bankruptcy according to The Saint Petersburg Times. Onkyo USA was bought from Onkyo Corporation Japan many years ago. Onkyo America was an OEM manufacturer of car audio speakers and now will be reorganizing.