HARMAN Acquires Arcam

By |


arcam-logo.jpgHARMAN�International, which was itself acquired by Samsung last year, has now acquired Arcam, based in Cambridge, UK. The terms of the acquisition were not disclosed, but the press release below states that the�current Arcam management team will remain in Cambridge and become part of the HARMAN Lifestyle Audio division.

From HARMAN
HARMAN International Industries, a wholly owned subsidiary of Samsung Electronics Co., Ltd. focused on connected technologies for automotive, consumer and enterprise markets, announced it has acquired A&R Cambridge Ltd. (Arcam), a wholly owned subsidiary of Jam Industries, Ltd. Terms of the transaction were not disclosed.

Founded by two Cambridge University students in 1976, Arcam develops high performance digital audio products for music and movie lovers around the globe. With approximately 35 employees in Cambridge, UK, Arcam has an extensive product portfolio, including AVRs, Amplifiers, DACs, Speakers, and Lifestyle Music and Movie technologies.

"HARMAN's mission is clear--to elevate experiences wherever people are, at work, at home, in the car or on the go. With a strong audio heritage, we relentlessly pursue innovations that will enable us to deliver the best solutions for our customers and consumers," said Christoher M. Dragon, Senior Director Marketing, Lifestyle. "We have found in Arcam a likeminded passion for bringing the highest quality sound into people's lives. With impressive technologies and outstanding talent, Arcam will be an exceptional addition to HARMAN's luxury audio team. As demand for higher quality audio rapidly accelerates, we are eager to seize the many opportunities in front of us."

"We are proud of what we have accomplished with Arcam over the last 10 years, expanding the company from its UK roots to become a globally recognized Hi-Fi brand," said Martin Szpiro, President and CEO of Jam Industries. "Now with HARMAN, a world leader in professional, lifestyle and automotive audio and sound management, Arcam will join the best in the business to grow its engineering capabilities and extend its product reach into new markets."

Charlie Brennan, Managing Director, Arcam, and the current management team will remain in Cambridge and become part of the HARMAN Lifestyle Audio division. "We are extremely grateful to Jam Industries for their loyal support over the last decade and believe that we will be able develop even better products for music lovers who demand great sound as part of HARMAN."

Additional Resources
� You can learn more about Arcam's product lineup through the company's website.
Samsung Will Acquire HARMAN International at HomeTheaterReview.com.


  • Comment on this article

Post a Comment
comments powered by Disqus

Latest News

Jan 08
Definitive Technology Adds Demand Series Tower Speakers and Center Channel At this week's CES in Las Vegas, Definitive Technology added three new speakers to its Demand Series speaker lineup: the...
Definitive Technology Adds Demand Series Tower Speakers and Center Channel

Jan 07
Classé Audio Introduces New Delta Series Preamp and Amps Don't call it a comeback! Actually, wait, yeah, you can totally call it a comeback if you want to. Classé...
Classé Audio Introduces New Delta Series Preamp and Amps

Jan 06
Roku Announces "Roku TV Ready" Program and New Licensees Denon and TCL North America are the first companies to come onboard with Roku TV Ready certification.
Roku Announces

Jan 03
GoldenEar Technology Becomes Part of the Quest Group We make no secret around these parts about the fact that GoldenEar Technology makes some of our favorite loudspeakers. In...
GoldenEar Technology Becomes Part of the Quest Group

Dec 17
Dish Hopper 3 Adds Amazon Prime Video App Dish Network announced this week that it's adding yet another essential streaming app to its popular Hopper 3 DVR in...
Dish Hopper 3 Adds Amazon Prime Video App