Category Archives for "MI/Audio Business"
Avid Restructures To Please Wall Street
A few months ago Avid proudly put out a press release about how they just hired 250 new employees to staff new facilities in the Philippines, Taiwan and Poland, and how they would save $68 million as a result. Oh, and by the way, that was at the expense of closing down offices and downsizing […]
Continue readingBehringer Companies To Cut Staff
Through the years Behringer has developed from a small company that copied successful products then pioneered making them China, to a powerhouse global brand. In fact, the company has grown into a holding company known as MUSIC, that controls not only Behringer, but well-respected brands like Midas, Klark Teknik, Turbosound and the TC Group (which itself […]
Continue readingIs Gibson In Financial Trouble?
There are signs that Gibson’s move to diversify isn’t working out as planned. Moody’s Investor Service has downgraded Gibson Brands (formerly Gibson Guitar Corporation) credit to junk status, and according to reports, the company has put up two of its Nashville warehouses for sale as a result. Moody’s gave 3 reasons for the downgrade: 1. […]
Continue readingNew Speech Enhancement Technology Let’s You Hear Over The Crowd
We’ve all been at an airport or train station, or even a concert, where there’s an announcement and we can’t quite make out what it was over the noise. Those days may soon be over thanks to a new speech enhancement technology from Fraunhofer called ADAPT DRC. Researchers at the Project Group Hearing, Speech and […]
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