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Phatnoise Inc. bought by Harmon Group

Started by Firefox, August 24, 2005, 10:40:19 AM

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Firefox

August 24, 2005, 10:40:19 AM
We have new owners to deal with now - Harmon Group (famous for the Harmon Kardon and JBL brands)...

http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20050823005725&newsLang=en

Nice little earner for the guys who originally started Phatnoise from a university project!!!!

Paul

#1
August 24, 2005, 01:25:21 PM
Wow.

crunch13

#2
August 30, 2005, 01:29:42 PM
Gosh, what will that mean for Kenwood?

judb

#3
August 31, 2005, 05:26:40 AM
These things have been in the works for months and months, they always are.. so I think perhaps this may have something to do with the kenwood keg 2.0 never coming out.

SteveC

#4
August 31, 2005, 03:32:22 PM
QuoteThese things have been in the works for months and months, they always are.. so I think perhaps this may have something to do with the kenwood keg 2.0 never coming out.

That's an interesting thought. Once Kenwood backed away from the Keg 2, it was never clear why Phatnoise didn't push the product to the open market. This could go a long way to explaining why they would sit on such a juicy product.
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