Gibson Guitar buys into Onkyo, vows high-end audio
01/04, 3:15pm
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.