Woodinville, Wash. (PRWEB) August 14, 2013
FLAT Audio Technologies, LLC today announced the acquisition of certain assets from U.K. / Hong Kong-based Hi-Wave Technologies, manufacturers of specialty audio transducers and amplification products.
FLAT Audio now assumes responsibilities for all technologies, patents and operations for HiWave Audio's Balanced Mode Radiator (BMR) audio transducers. In addition, the acquisition gives FLAT Audio an exclusive license for the use of NXT Audio Panel Exciters in Tectonic Audio Labs professional audio markets, as well as shared rights to provide products for consumer audio markets.
To manage these assets, and the associated OEM audio component business, FLAT Audio has opened Tectonic Elements Ltd. to be headquartered in the United Kingdom. Tectonic Elements will continue to work with existing channel partners to ensure that the BMR, exciter and amplifier module customer base is well supported.
"We are very excited to bring HiWave Technologies and the core staff into the Tectonic family", says Douglas Milnor, FLAT Audio CEO."With this acquisition, we can protect the Tectonic Audio Labs product line with an excellent patent portfolio that we plan to apply in many different markets and products going forward. In addition, we gain a leverage point into European markets from our UK-based operations for Tectonic Audio Labs products."
"We're pleased to become a part of Tectonic," says Caroline O'Brien, Managing Director of Tectonic Elements Ltd. “Their new revolutionary speakers are a great association and proof of the value of the NXT technologies. With this new agreement, Tectonic Elements will continue to serve our markets with a dedicated and experienced engineering and sales team, and provide us with increased access to the US markets for our OEM products."
About FLAT Audio Technologies, LLC
FLAT Audio Technologies, LLC is a privately held Limited Liability Corporation based in the State of Washington, USA. FLAT Audio is dedicated to the adoption, development and distribution of leading-edge audio technologies that change the landscape of pro audio and consumer audio products. All FLAT Audio activities have the goal of changing the capabilities, performance and economies of the markets that they serve.
About Tectonic Elements Ltd.
Tectonic Elements Ltd. engineers, manufactures and distributes audio transducers and electronic components for audio applications. The company’s flagship transducer is its Balanced Mode Radiator (BMR) speaker driver. BMRs are compact full-range speaker drivers with amazingly wide dispersion that produce a quality and depth of sound that belies their physical size.
BMR speaker drivers, coupled with Tectonic Element’s amplifier module technology - a novel ultra-efficient audio power amplifier module - give consumer product designers the opportunity to develop top quality loudspeaker systems that consume a fraction of the power of conventional Class D amplifier designs. The combination of compact size and increased efficiency enables the creation of new categories of audio products.
About Tectonic Audio Labs LLC
Tectonic Audio Labs is an engineering, manufacturing, sales and distribution company of sound reinforcement loudspeakers for use in corporate, rental, touring and house of worship markets. Products include flat panel DML loudspeakers employing NXT technologies, amplifier / speaker control products, subwoofers and rigging solutions.