Printed from http://www.electronista.com

Gibson Guitar buys into Onkyo, vows high-end audio

updated 03:15 pm EST, Wed January 4, 2012

Gibson Guitar, Onkyo team up for audio gear

Gibson Guitar on Wednesday partnered with consumer audio maker Onkyo to build high-end home theater systems and other audio equipment. Gibson has recently formed a Pro Audio Division and will draw on the resources of Onkyo, while Gibson will share its marketing resources and other expertise. The dea will see Gibson get a controlling stake in Onkyo USA and thus become its second-largest shareholder, while Onkyo will also invest in Gibson.

A new Hong Kong-based venture will design and develop consumer audio products. Gibson Pro Audio already has KRK, Cerwin-Vega, and Stanton under its wings.

The partnership needs to be approved by Japanese regulatory bodies and financing approvals from lenders before it can be finalized.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

Dell AD211 Bluetooth speaker

For all of the high-priced, over-engineered Bluetooth speakers in the electronics market, there is still room for mass-market solution ...

VisionTek 128GB USB Pocket SSD

USB flash drives dealt the death blow to both the floppy and Zip drives. While still faster than either of the old removable media, sp ...

Kodak PixPro SL10 Smart Lens Camera

Smartphone imagery still widely varies. Large Megapixel counts don't make for a good image, and the optics in some devices are lacking ...

Sponsor

toggle

Most Commented

 
toggle

Popular News