07.19.2005 11:26 AM
Yamaha, NEXO sign joint venture

Yamaha has acquired 10.22 percent of NEXO’s common shares.

The deal creates a synergy between Yamaha’s presence in live sound mixers and amplifiers, and NEXO’s strength in live sound speaker systems and arrays. The share sales/purchase transaction was completed June 24.

As a result of this share purchase, Yamaha will become the third largest shareholder of NEXO. Yamaha will take over the company’s U.S. distribution, and through its Commercial Audio Systems Division, will be in charge of distributing NEXO speakers in the U.S.

Yamaha and NEXO also announced plans to jointly develop a variety of future products.

For more information, visit www.yamaha.com.

Back to the top




Comments
Post New Comment
If you are already a member, or would like to receive email alerts as new comments are
made, please login or register.

Enter the code shown above:

(Note: If you cannot read the numbers in the above
image, reload the page to generate a new one.)

No Comments Found




Wednesday 11:59 PM
Peer Profile: Tomaž Lovsin, STN, Slovenia
“Will there be a shift from coax to fibre? Or a mixture between the two which will require hybrid solutions to be implemented?”


 
Featured Articles
Discover TV Technology