The once mighty Adcom electronics company has been sold by its current owners (who now represent Kef and Celestion loudspeakers in the US) to Klein Technology Group LLC. The Kef group will continue to support the Kef and Celestion brands of loudspeakers however it is unclear or perhaps too early to know what the new group has planned for Adcom.
Adcom in the late 1980’s and early 1990’s was dominant in the high performance audio component markets with amps, preamps and CD players that offered significantly more performance than the mainstream receivers and CD players on the market at that time. In the mid-1990s Adcom struggled to make a successful transition to home theater products failing especially hard with their surprisingly innovative “Adcom Ball” AV preamp and system controller. Additionally, in the same period of time competition got severe with ...
House Ear Institute Finds Hearing Loss in 15 to 25 Percent of Audio Professionals
Preliminary observations compiled by the House Ear Institute (HEI) from free hearing screenings at the three largest pro audio industry tradeshows (AES, NSCA and NAMM) indicate a noticable pattern in the degree of hearing loss experienced by music and audio professionals.
These observations were gathered informally in variable conditions, to get an overview of how hearing loss might vary between individuals in different niches within this industry.
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.