Sound United bought by a medical tech. company!
- Thread starter sidvee
- Start date
Sorry, I am putting a - (negative) sign in front of the number to show that, meaning that they made a negative 650/700 million or lost that. Anyways I edited the text colour to red to show that.
Cheers,
Sid
COOLDUDE7808
Active Member
This is bad news , it means Marantz , Denon etc are not making profits . Lets Hope Marantz does not sound like JBL or Samsung in the future
Manufacturing companies are usually low margin type of businesses. And niche companies like audio mfrs. are even worse off. Lot of audio companies in the recent past are facing closure, or have folded, even the so called, high end ones. So not surprising really. Personally I feel Massimo over paid for the business, because the CEO, an audiophile, got carried away by his passion, rather than cold hard facts, and bought a business that has nothing to do with his core business. What the board was doing - allowing him to proceed - is anybody's guess.
Cheers,
Sid
square_wave
Well-Known Member
I just heard they have been bought by harman international at around 350 million.
Passive_audio_enthusiast
Well-Known Member
JBL and Samsung sounds great these days. In terms of engineering they have really high tech acoustic chambers and engineers. If anything, all sound united company brands would benefit only from this deal
COOLDUDE7808
Active Member
I have been listening to music in Budget and non-hifi systems since my Marantz PM11S2 went into protect mode ..... Sonodyne Malhar , JLB professional 104 BT and now Philips 2.1 active speakers connected to my Laptop , Norge Gold 1000 . BUT I cant get over Marantz .
Every time I end up going back to Marantz PM8005 and that SQ beats all of them hands down . So at least in my experience and to my ears , I need what is called as HiFi .
Since Denon and Marantz are not making profits , there will be attempts to cut costs and make it cheap , So I think over a period of time at least they will go in the direction of JBL and Samsung . Once upon a time Harman was known as HiFi
I remember - my interest in HIFI many years back was thanks to Onkyo and Pioneer , but by the time I got into it , both the brands were as good as gone in Audio . I discovered Marantz accidentally . So from that perspective this is not good news .
Every time I end up going back to Marantz PM8005 and that SQ beats all of them hands down . So at least in my experience and to my ears , I need what is called as HiFi .
Since Denon and Marantz are not making profits , there will be attempts to cut costs and make it cheap , So I think over a period of time at least they will go in the direction of JBL and Samsung . Once upon a time Harman was known as HiFi
I remember - my interest in HIFI many years back was thanks to Onkyo and Pioneer , but by the time I got into it , both the brands were as good as gone in Audio . I discovered Marantz accidentally . So from that perspective this is not good news .
Lizard King
Well-Known Member
While it does throw some lifeline to these brands, what remains to be seen is how their quality/price holds up. Under Samsung/Harman, Revel has maintained standards, HK has not.
Hope we still have some good hifi products left within Rs. 1-4 L range.
Hope we still have some good hifi products left within Rs. 1-4 L range.
If I am not mistaken, Arcam too has QC maintained till now under Samsung.
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