After recently purchasing Jamo, Klipsch Group, Inc., parent company of Klipsch_Audio Technologies, announced the acquisition of Audio Products International Corp., API, one of the largest speaker manufacturers in the world and the makers of the Mirage, Energy, Energy Pro and Athena Technologies brands.
“The acquisition of API will assist Klipsch in our commitment to greatly improve business operations on a global level,” said Fred Klipsch, chairman, Klipsch Group. “This purchase is another step in our strategic plan of adding unique and successful loudspeaker companies to our portfolio of products.”
Product design and engineering of the API brands will remain separate to maintain their respective unique character and personality. However, Klipsch, Jamo and API brand teams will develop global technology platforms and product strategies that leverage investments in R&D.
Klipsch, the world’s leading consumer loudspeaker manufacturer, celebrates its 60th anniversary this year.
- Klipsch_Audio Technologies is a leading global manufacturer of high-performance, horn-loaded loudspeakers for the consumer and professional markets with worldwide headquarters in Indianapolis, Indiana.
- Jamo_International, headquartered in Glyngøre, Denmark, manufactures and markets consumer loudspeakers with a strong focus on innovative technology and Danish design.
- API, founded in 1973 and headquartered in Toronto, Canada, manufactures over 200 models of speakers and exports to over 50 countries under the company’s three world-renowned brands: Energy Speaker Systems, Mirage and Athena Technologies.
For more detailed information about the different brands, read the complete press release here.