Velodyne Acoustics Revitalised
Once regarded by many enthusiasts as the best subwoofers that money could buy, Velodyne Acoustics has been purchased by Germany-based Audio Reference.
David Hall, Velodyne's former owner, has confirmed the deal after what has been reported as a “year of intense negotiations”. Audio Reference has been distributing Velodyne for more than 20 years in Germany and says they have acquired all stock, spares, patents, designs and tooling for Velodyne subwoofers.
Mansour Mamaghani, Velodyne's new owner, told StereoNET:
We are very excited with the opportunity presented by the Velodyne purchase. Our goal is to reinstate Velodyne as the market leader for compact high powered subwoofers. We understand this will take some time, but we have already brought the Velodyne design team back together to review the existing product line and also our expectations for the future.
Velodyne Acoustics will be working to bring the Velodyne website back online, which will outline the current product line-up availability, as well as how to obtain service support for existing Velodyne products globally.
Velodyne's global operation will be based at the Audio Reference HQ in Hamburg, Germany.
Marc Rushton
StereoNET’s Founder and Publisher was born in England and raised on British Hi-Fi before moving to Australia. He developed an early love of music and playing bass guitar before discovering the studio and the other side of the mixing desk. After writing for print magazines, Marc saw the future in digital publishing and founded the first version of StereoNET in 1999.
Posted in: Hi-Fi | Home Theatre
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