Another Major Audio Company Sold


German audio specialist Beyerdynamic has been acquired by Chinese manufacturer Cosonic, marking the beginning of a new chapter for the brand.

Cosinic is an OEM manufacturer for  several audio companies. 
Amount for the deal was 122 Million Euros. 

jfrmusic

Fortunately Audio Research landed on its feet in a much better place. Yes, it has happened to a lot of high end audio companies. They are not enormously profitable, or large companies, so are easily buffeted by economics and management. Like small sailboats... not a lot of momentum and easily flounders in coming about or flattened in a jibe.

Very sorry to hear this. I’ve owned their headphones and IEMs which I thought were pretty good. Hopefully that will remain, but once these companies sell change is inevitable. 

WOW people hear would freak out if you only had one company making everything in Audio....but it's true China is the place where everything will be make ....hmmmmm.Bring back America made audio equipment...Like Fisher,Acoustic Research  Dynaco, HH Scott,Harman Kardon ,Jensen  Altec Lansing you know what I'm talking about.

@limomangus The Chinese are just better at Capitalism than we are. What American company can pay their workers $8.00 an hour? Anyway, I still have my HH Scott FM tube tuner. It's cool but I couldn't think of one person that I know that would want to buy it from me.