Connect with us

Hi, what are you looking for?

Tech News

Marshall, the iconic amp manufacturer, is being acquired by Marshall speaker maker Zound

Jimi Hendrix 1967 in Helsinki playing guitar with his teeth, Culture House, colorized photo
Jimi Hendrix with a Marshall amp in 1967. | Image: JJs / Alamy Stock Photo

Marshall Amplification, the 60-year-old company that’s produced iconic guitar amps used by the likes of Jimi Hendrix, Slash, and Kurt Cobain, is being acquired by Zound Industries, the Swedish company that’s previously licensed the Marshall brand for its headphones and speakers. Exact financial terms of the deal were not disclosed, but the resulting company will be the privately owned Marshall Group. The Marshall family will serve as its largest shareholder with a 24 percent stake.

Jeremy de Maillard, who currently serves as Zound’s CEO and who will be CEO of Marshall Group going forward, said in an interview with The Verge that the deal is as much about acquiring Marshall’s engineering expertise as it is about acquiring the brand name….

Continue reading…

Join The Exclusive Subscription Today And Get Premium Articles For Free
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

You May Also Like

Editor's Pick

Marc Joffe Each April, USAFacts, a not‐​for‐​profit information provider founded by former Microsoft CEO Steve Ballmer, issues a report on the condition of US federal, state,...

Editor's Pick

It was largely a troubled week for the Indian equities as the markets spent four out of five days struggling to keep their head...

Editor's Pick

My conversations with Chris Verrone, Adrian Zduńczyk, and Mary Ellen McGonagle this week on The Final Bar left me striving to simplify my analysis...

Editor's Pick

Adam N. Michel As Congress searches for policies to meet our current economic challenges, maintaining full expensing—which has begun to phase out—should be top...