efzauner Posted September 1, 2006 Share Posted September 1, 2006 What do you think gang? http://www.klipsch.com/news-center/press-releases/details/klipsch-group-inc-acquires-audio-products-international.aspx This is great. Together with Jamo, it gives the Klipsch group the size and product line to compete and stay alive! Quote Link to comment Share on other sites More sharing options...
scott0527 Posted September 1, 2006 Share Posted September 1, 2006 Seems to have been met with somewhat of a yawn among forum members a few weeks ago when announced. As long as they leave Klipsch Audio Technologies alone, it all sounds fine to me. Quote Link to comment Share on other sites More sharing options...
kev313 Posted September 1, 2006 Share Posted September 1, 2006 Great maybe they can really nurture those brands like Arag..errr... Quote Link to comment Share on other sites More sharing options...
kenratboy Posted September 2, 2006 Share Posted September 2, 2006 Danm Klipsch, API is a hell of a company (tons of R&D, very large product base, etc.) and now it is all yours!!! I wonder what the long term goals are of buying Jamo, and now API. As a side note, Klipsch Synergy and Athena are sold in Best Buy, Klipsch Reference (next few weeks) and Mirage are sold in Magnolia inside of Best Buy, hmmmm... Anyway, cool deal. Quote Link to comment Share on other sites More sharing options...
efzauner Posted September 2, 2006 Author Share Posted September 2, 2006 having spent some time in the audio retail industry, my feeling is that Klipsch needs to be big enough and have a large enough product line to be able to be a supplier to the big box stores. Klipsch by itself is still considered a high quality, but niche brand. In order to sell larger volumes to the big boxes you need low end speakers too. I do not think that Klipsch wants to lower the brand image of the Klipsch line. Jamo is also not that well known or recognised here. So with the 3 lines, they have a broad product line to offer to big box stores and specialty stores. Quote Link to comment Share on other sites More sharing options...
efzauner Posted September 2, 2006 Author Share Posted September 2, 2006 having spent some time in the audio retail industry, my feeling is that Klipsch needs to be big enough and have a large enough product line to be able to be a supplier to the big box stores. Klipsch by itself is still considered a high quality, but niche brand. In order to sell larger volumes to the big boxes you need low end speakers too. I do not think that Klipsch wants to lower the brand image of the Klipsch line. Jamo is also not that well known or recognised here. So with the 3 lines, they have a broad product line to offer to big box stores and specialty stores. Quote Link to comment Share on other sites More sharing options...
oldbuckster Posted September 3, 2006 Share Posted September 3, 2006 I think it was a very shrewd and bold move on Klipsch's part, a move that a few years down the road will open up a whole new world for the company. It's all fine and good, that people buy Used Klipsch speakers, what does that do for Klipsch, free advertisment, maybe, does it increase their profits, doubt it. New sales generate profits, profits are what business is geared for.......Simple. Good Job by Klipsch.......Smart Business plan, and Well thought out strategy for future growth.................. Quote Link to comment Share on other sites More sharing options...
edwinr Posted October 9, 2006 Share Posted October 9, 2006 The aquisition these very highly regarded companies is a great move by Klipsch. They have consolidated themselves in all corners of the market and are following the adage of "diversify or die". A big conglomerate can more easily ride out the economic storms that batter our coasts from time to time. Unfortunately some of the smaller niche audio companies from the UK weren't as smart. Look at Rogers, Mission, Quad and Wharfedale to name a few. These legendary names have been swallowed up by offshore concerns. Rogers, for example, has been purchased by a Hong Kong based company. They were selling in the South east Asian market only, but have now started selling the Rogers brand back in England! But these new Rogers aren't a patch on the originals - they're mass produced in Chinese factories... Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.