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Corsair Buys Scottish Audio Company Called Simple Audio
Simple Audio today announced that it has been acquired by leading US-based PC enthusiast hardware company Corsair in a multi-million dollar deal. Corsair’s investment will provide Simple Audio with additional resources to accelerate Simple Audio’s expansion into markets around the world. Simple Audio's world-class engineering and product development teams will continue to develop and market the company's range of music streaming products from its offices in Glasgow, Scotland. No word on the exact amount of the deal or what, if any, patents were also acquired.
“We have followed Simple Audio as a potential investment opportunity since 2010 and we are extremely impressed by their vision of HD digital music in the post-iPod era. Their high quality, high-performance Roomplayer system demystifies and simplifies the process of playing digital music throughout the home. We believe now is the right time to invest in the fast-growing digital music space and are delighted to help Simple Audio bring their incredible vision into reality and to music lovers around the world.” - Andy Paul, President and CEO of Corsair
Posted by | Mon, Feb 11, 2013 - 12:55 PM
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