HIGH-DEF DISC NEWS TAGGED "AUDIOVOX"

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Audiovox is Buying Klipsch for $166 Million

Klipsch will still run as a standalone operation.

In a transaction expected to close within the next 30 days, Audiovox has announced that it will be buying the speaker manufacturer Klipsch for a price of $166 million.

This purchase is a big move for Audiovox. Afterall, it isn't just the Klipsch brand the company's acquiring in this deal, they'll be getting the Jamo, Energy, and Mirage brands too.

"This highly respected company has for over 60 years been synonymous with premium high-end audio solutions," says Audiovox CEO Patrick Lavelle, "and today enjoys the well-deserved reputation as 'The' preeminent audio brand for residential, professional and personal listening use."

Audiovox says that Klipsch will still be running as a standalone operation and that the current management will remain in place.

Source: PR Newswire

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Audiovox Intros the First In-Dash Blu-ray Player

And yes, it is Wi-Fi capable for all your streaming needs.

Hey, we get it. You love your Blu-ray. You've got a good collection going and a home theater that really shows off just what the format's capable of. But there's something missing -you can't enjoy the benefits of Blu-ray on your commute to work.

That's where Audiovox comes in. Over the weekend, the company unveiled the first ever in-dash Blu-ray player. The player is designed not only to help reap the benefits of the format, but to make life easier for Blu-ray fans. "This mobile solution will allow them to maintain a single video collection that works both in the vehicle and at home," says Audiovox president Tom Malone.

One of the really interesting things about the new AVDBR1 Blu-ray player is that it boasts Wi-Fi capability and, after a firmware update later this year, will be able to handle a variety of streaming services.

You'll be able to pick up the AVDBR1 in the spring of 2011 for a suggested price of $349.

Source: HDTV Magazine

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