Archive of the The Wire Category

RTW International Corp Facility Open for Service

Company Officially Welcomes German Director of Production to Lancaster

LANCASTER, PA, JANUARY 14, 2014 — Launched in 2013, RTW International Corp., the U.S.-based division of RTW, a leading vendor of visual audio meters and monitoring devices for professional broadcast, production, post production and quality control, is proud to announce its Lancaster, PA-based facility is ready for business. This month, Christopher Spahr, Director of Sales and Operations, RTW International Corp., welcomes Werner Hasse, from the Cologne-based RTW development team, to the Lancaster office. Hasse will oversee all product service, final assembly, software upgrades and repair service for all current RTW products based in the U.S.

In addition to helping RTW provide its U.S. customers with a faster response to their needs, RTW International Corp. will also be able to stock more products locally for an increased shipping turnaround in the U.S. Having this facility based in the United States is further proof of the company’s continued dedication to supporting its local customers and dealer networks in the region.

RTW has been a reliable source of innovative audio measurement tools for nearly 50 years, bringing its pedigree of precise German engineering to each of its innovative solutions. Along with the company’s ground-breaking products comes a commitment to service. RTW has a longstanding reputation of working with its customers to ensure their experience with RTW products is a positive one. As the company observed a clear need in the U.S. marketplace for its metering products, as well as increased brand awareness in the region, the company felt it was necessary to bring its quality engineering and stellar customer service closer to its U.S. customer base.

“I am thrilled to have Werner join us in Lancaster and to officially have our facility’s production services up and running,” says Christopher Spahr, Director of Sales and Operations, RTW International Corp. “Our customers are so important to us and it is quite evident that RTW’s products offer the pro audio industry the solutions it needs to not only meet CALM regulations in the broadcast sector, but is also helping to solve loudness issues and improve workflows for pro audio engineers across multiple sectors including radio, live production, the music industry and beyond. We look forward to further serving our customers and distributors and dealers, well into the future.”

About RTW International Corp.
Established in 2013, RTW International Corp. is the U.S.-based branch of RTW. Located in Lancaster, Pennsylvania, the facility is the first U.S. location launched by RTW and is a natural extension of the company’s dedication to supporting its customers and dealer networks in the U.S. RTW International Corp. houses all customer service, repair and final product assembly activities for U.S.-based RTW customers.

For nearly 50 years, Cologne-based RTW has accompanied the steady technological progress in the professional audio industry with innovative instruments and technologies for visual audio monitoring in broadcast, production, post production and quality control. Its state-of-the-art audio and loudness metering systems have an excellent reputation throughout the world. With groundbreaking products such as the Surround Sound Analyzer and the TouchMonitor range of audio meters, the company has been a key vendor of professional broadcast and audio metering equipment for decades.

For more information on RTW International Corp., visit www.rtw.com or call 877-938-7221.
For more information on RTW, visit www.rtw.de, www.facebook.com/rtw.de or call +49 221 709130.

Whisperings Solo Piano Radio First to Deploy New StreamGuys Interactive HTML5 Multimedia Player

StreamGuys’ unique player design gives “free stream” listeners a richer broadcast experience

BAYSIDE, CALIFORNIA, January 13, 2014StreamGuys announces that Whisperings Solo Piano Radio is its first customer to deploy the company’s new interactive HTML5 player. The player gives mobile listeners without a Flash player a simple way to access the free Whisperings stream, while also delivering a much richer broadcast experience through integrated metadata support.

The integrated metadata gives free stream listeners a synchronized stream with high-quality music and visual information including artist names, song titles and album titles — as well as live links to purchase music through artist sites. Site owner and independent musician David Nevue notes that this richer experience, along with simpler playback on mobile devices, is important to attracting new listeners and retaining audiences in an increasingly crowded and fragmented marketplace.

“Whisperings launched at a time when there was no other online listening option for solo piano music,” said Nevue, himself a solo pianist and composer. “There are many more options today and it is important that new listeners are greeted with a live stream rather than a message to download an app or a plug-in. The HTML5 player works across all devices so visitors don’t have to work to access our stream, while also offering a modern Pandora or iTunes Radio-like experience with artwork, details and buy links.”

Nevue also sees this enhanced experience as an opportunity to interest more listeners in Whisperings PureStream, his commercial-free subscription service that offers an expanded artist roster, customizable playlists and more. Whisperings has long used StreamGuys’ RevenueStream software platform for secure, password-protected subscription controls and conditional access that ensures only subscribers can access the stream. His long-term satisfaction with StreamGuys for content delivery and stream protection played a significant role in his decision to integrate the new HTML5 player.

“I have always thought of StreamGuys as more of a partner than just another company I work with. They provide outstanding customer service and a willingness to find solutions to obstacles,” he said. “StreamGuys has also offered flexible, affordable services to meet my changing bandwidth needs over the years, and they have been receptive and responsive to my requests regarding capabilities of the HTML5 player. They have delivered a multiformat streaming solution with this player that also offers new ways to explore revenue generation for the free stream.”

Nevue’s above reference is to live dynamic advertising insertion, which StreamGuys supports within its HTML5 player via pre-rolls, mid-rolls and post-rolls. He also expects to use the player as an alternative choice for his ad-free PureStream service at a later date.

StreamGuys launched its HTML5 player last month as part of its strategy to ensure that broadcasters, audio publishers and service providers can reach consumers across many fixed and mobile devices. The company is in the process of rolling out its HTML5 player for other customers in the US and abroad.

About StreamGuys, Inc.
In business since 2000, StreamGuys is a provider of audio and video streaming toolsets and services. The company has a reputation for outstanding customer service, a robust and reliable network, and competitive rates. More than 600 clients worldwide, across many industries, depend on their mission-critical service. Projects include serving as the technology backbone for live streaming/podcasting for top public broadcasters such as New York Public Radio, WAMU Washington D.C., KQED San Francisco and WXPN Philadelphia; live video events for major auto racing circuits and the British Royal Wedding; audio streaming for government entities such as D.C. Court of Appeals, U.S. Army, and the National Science Foundation; mobile video content for Cisco Systems; and IPTV content for international broadcaster ABS-CBN.

# # #
StreamGuys, Inc – info@streamguys.com – www.streamguys.com – 707.667.9479
P.O. Box 828 Arcata, California 95518 – fax 707.516.0009

Waves Audio Will Accept Bitcoin as an Optional Payment

TEL AVIV, ISRAEL, January 8, 2014 —Waves Audio Ltd., a developer and supplier of professional audio signal processing technologies and audio effects, used in recording, mixing, mastering, post production, surround, live and broadcast, acknowledges Bitcoin, the world’s most popular digital currency, as a valid currency for purchasing Waves products.

The Waves website cart section will feature a Bitcoin logo as a payment option along side credit cards, PayPal etc.

Gilad Keren, Waves CEO and Co-Founder, states, “Waves Audio Ltd. is announcing today that we will accept Bitcoins for all our products, effective immediately. In order to mitigate the current volatility of the exchange, the Bitcoin exchange rate will be calculated to the sliding 24-hour average at the time of purchase [based on the average rate from this site: https://bitcoinaverage.com/#USD|nomillibit].”

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ASUS and Waves Audio Announce Strategic Relationship to Provide a Premium Sound Experience to Users Worldwide

— Waves MaxxAudio® Master technology brings superior audio performance to complete range of ASUS SonicMaster products —

INTERNATIONAL CES, LAS VEGAS, NV, January 7, 2014 — ASUS, a leading enterprise in the new digital era, together with Waves, a leading provider of audio DSP for the professional and consumer markets, and recipient of a Technical GRAMMY® award, have recently announced an expanded relationship which will bring a new level of premium sound quality to ASUS’s consumer electronic product line. This agreement will incorporate Waves MaxxAudio® Master processing into all ASUS products that feature ASUS SonicMaster technology.

As the driving engine of ASUS SonicMaster, MaxxAudio Master processing, with its superior performance characteristics, will enhance the clarity and depth of the user’s listening experience, whether enjoying a game, multimedia selection of music and movies, or for online communication purposes.

“Ongoing developments in multimedia and entertainment applications increasingly push the capabilities of our devices,” said Henry Huang, Director of ASUS Golden Ears Team. “We are certain that this strategic implementation of Waves’ embedded technologies will provide a new level of satisfaction to the ASUS user experience.”

“ASUS is well known for groundbreaking products, their innovative designs deserve innovative audio technology to match, stated Tomer Elbaz, Executive Vice President, Waves Consumer Division. “ASUS Golden Ears Team makes an exceptional use of MaxxAudio professional sound technologies to create a unique, premium audio experience. Thanks to this winning combination, ASUS users, whether working with a mobile device or a high-end workstation, can expect best in class sound quality.”

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Sound Devices PIX 260i Production Video Recorders Get in Sync with Latest Firmware Update

Advanced Metadata Editing Functionality Also Available

REEDSBURG, WI, JANUARY 7, 2014 — Sound Devices, specialists in portable audio and video products for field production, announces its latest firmware update, Version 1.50, for its PIX 260i Production Video Recorder. PIX 260i recorders seamlessly replace tape-based video decks in production and post-production environments, while also offering 32 tracks of audio recording and playback. The latest firmware, which is available as a free download to all PIX 260i users, further streamlines production workflows with several powerful upgrades.

For applications with multiple, grouped units, version 1.50 allows for frame-synchronized control for record, play, stop and pause functions. It also offers several advanced metadata editing enhancements, including the ability to edit scene, take, note, track name and circle metadata for the current take, next take or previous takes—even while recording. Metadata edits now apply to all drives selected for recording. Scene/take edits update the embedded bEXT /iXML metadata and the file name when the File Name Format is set to “Reel-Scene-Take” or “Scene-Take.” The recorders audio-only mode offers an additional audio-specific LCD view, which includes metering, file name, scene/take, timecode, ABS time, track names, sample rate, bit-depth and drive remaining time.

In addition, Version 1.50 features an updated method for preventing file corruption in the event of power loss during recording. It also introduces record and playback of SDI Source ID (SID) metadata. With the latest firmware, File OSD Field now shows Poly versus Mono WAV, and several keyboard shortcuts are now available for transport controls in PIXNET.

The PIX 260i supplies all the features and tools needed by production companies looking to migrate to file-based recording and playback environments. It records QuickTime video files in either Apple ProRes or Avid DNxHD formats and sound-only files in either monophonic or polyphonic WAV format. Video files recorded with Apple ProRes or Avid DNxHD are ready for editing directly from the recorder in common editing environments, such as Avid, Final Cut Pro and Adobe Premiere, eliminating time-consuming transferring and transcoding. For color-critical applications, the PIX 260i supports Apple ProRes 4444 through its 12-bit, 4:4:4 3G-SDI I/O. Users can also play out files from the PIX 260i for real-time applications.

Continuing the company’s heritage in production sound, Sound Devices has infused the PIX 260i with 32-track audio recording and playback capabilities. In addition to 16 channels of embedded SDI audio and eight channels of HDMI audio, the PIX 260i also accepts eight channels of line-level analog I/O and eight channels of AES digital audio. Using Audinate’s Dante audio-over-Ethernet protocol, the PIX 260i can accept and transmit up to 32 channels of audio over Ethernet.

Files are recorded either simultaneously or sequentially on up to four separate drives, two front-panel PIX-CADDY slots and two rear-panel eSATAp connections. This redundancy in local, removable storage devices, coupled with standard Ethernet-based file transfer features further streamline the production workflow. Recording to multiple drives offers immediate file backup, eliminating time-consuming post-record copying. Gigabit Ethernet network ports enable remote access to recorded files and the ability to transfer files quickly into a post-production environment. In addition, the PIX-CADDY CF allows the PIX 260i to record polyphonic WAV files directly to removable CompactFlash cards (audio poly mode only).

Another key feature of the PIX 260i is that it can be controlled from browser-capable computers and tablets. When connected to a data network, transport controls and setup menu controls are available on PIXNET, which offers control of one or multiple PIX 260i recorders. Multiple units can be grouped for simultaneous control.

Existing PIX 260i users can download version 1.50 by visiting http://www.sounddevices.com/download/pix260i-firmware/.

Sound Devices, LLC designs and manufactures portable audio mixers, digital audio recorders, and digital video recorders and related equipment for feature film, episodic television, documentary, news-gathering, and acoustical test and measurement applications. Founded in 1998, the company designs and manufactures from their Reedsburg, Wisconsin headquarters with additional offices in Madison, WI and Highland Park, IL. For more information, visit the Sound Devices website, www.sounddevices.com.

Legendary Towne Crier Cafe Opens New Venue in Upstate New York, Drawing International Talent and Elevating Sound Experience with Sennheiser

Towne Crier Cafe, Hub for American Roots, Jazz and World Music Since 1972, Re-Opens in Beacon New York with Stunning Decor, Farm Fresh Food and Authentic Sound from Sennheiser

Beacon, NY, December 17, 2013: One of the best music scenes in New York is actually just outside New York City — approximately, 65 miles north in Beacon, New York. The city’s newest jewel is the Towne Crier Cafe, which combines an exquisite Americana-style restaurant, an intimate performance space and authentic sound from Sennheiser — all within a striking new facility designed from the ground up. While the venue is new to Beacon, The Towne Crier Cafe has an established legacy as one of New York’s most unique performance venues, hosting both emerging and established musical acts from here and abroad.

The Towne Crier Cafe, which is near the banks of the Hudson River and close enough to draw audiences from northern New Jersey, southeastern Connecticut as well as New York, is situated in an ideal location. Beacon has a vibrant artistic community with galleries, a thriving music scene and one of the world’s largest contemporary art museums: Dia: Beacon. Towne Crier owner Phil Ciganer says the club has received a warm reception from the surrounding community since its opening — partly because it continues to attract fans from all over the region: “On any given night, people who know The Towne Crier will show up because they’ve known us over the years,” he says. “When people come here, they also enjoy other parts of the town. The city is enjoying a renaissance and we are all working together to make it a nice, regional focal point.”

The facility in Beacon was an oversize warehouse before Ciganer put pencil to paper and began transforming it into an exquisite performance space and restaurant. “Everything from the framing, to the electric, to the sound system had to be built — it was a major project that took more than nine months,” he recalls. Once all the construction and interior elements were complete, Ciganer turned his attention towards the sound system. “The most important thing for me was to have the best sound anywhere,” he says. “We want people to be comfortable here and experience great music.”

The Towne Crier’s relationship with Sennheiser began over a decade ago when Greg Beebe, then a product manager for Sennheiser U.S. and now its president, paid a visit to Ciganer. “Greg was very impressed with what we were doing here and offered his support, so we began using Sennheiser at that point and have been very pleased with the sonic quality and durability of the microphones since,” he says. “When we moved to Beacon, I thought it would be a good idea to reconnect and strengthen our ties, so Tim Moore [Sennheiser artist relations] came to visit to assess the sound requirements we had in the new space.”

Moore recommended a package of Sennheiser’s evolution series wired microphones to cover vocals, piano, acoustic instruments such as guitar, fiddle and mandolin, as well as drums and other instruments. This included several e 935 dynamic microphones for vocals, e 914 small diaphragm condenser microphones for piano, acoustic instruments and room ambience, e 906 dynamic microphones for guitar cabinets and several other microphones including the e 902, e 904 and e 905 to cover drums and other instruments.

Joe Johnson, front of house for the Towne Crier, is elated with the performance of the evolution series, which he has running into a Soundcraft Performer 3 digital console and a Meyer P.A. system: “The e 935 is one of the best vocal mics I’ve ever heard,” he says. “The e 914s have a nice, open presence and a firm low end. We also use these as overheads on the drums — they are so versatile.” The e 935 was recently used as the vocal microphone during a performance by legendary songwriter Jimmy Webb. “Jimmy has such a unique voice and an unusual microphone technique,” says Johnson. “With the e 935, you could really understand the diction and his lyrics.”

While the Towne Crier Cafe has established itself on an entirely new level, its overall vision remains the same as it was in 1972, says Ciganer: “Since the beginning, the music has always been the most important thing to me,” he says. “I have always associated Sennheiser with high quality, and Sennheiser microphones have helped us get the sound to where we wanted it to be.”

About Sennheiser:

Sennheiser is a world-leading manufacturer of microphones, headphones and wireless transmission systems. Established in 1945 in Wedemark, Germany, Sennheiser is now a global brand represented in 60 countries around the world with U.S. headquarters in Old Lyme, Connecticut. Sennheiser’s pioneering excellence in technology has rewarded the company with numerous awards and accolades including an Emmy, a Grammy, and the Scientific and Engineering Award of the Academy of Motion Picture Arts and Sciences.

You can find all the latest information on Sennheiser by visiting our website at http://www.sennheiserusa.com.

Photo captions:
1) Songwriting great Jimmy Webb performs through a Sennheiser e 935 dynamic microphone and a pair of e 914 small diaphragm condenser microphones on the piano to an enthusiastic audience in November, 2013.
2) Joe Johnson, front of house for The Towne Crier, mixes a show using a Sennheiser e 935 microphone so artists can hear him clearly through stage monitors.
3) Singer/songwriter Sam Gleason sings through a Sennheiser e 935 dynamic microphone with an e 914 small diapragm condenser microphone on his acoustic guitar.

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New Deal Sounds Great to DPA Microphones

Danish microphone manufacturer to start 2014 with The Riverside Company as its new partner

ALLEROED, DENMARK, DECEMBER 17, 2013 – Leading microphone manufacturer DPA Microphones has consolidated its position in the market by joining forces with The Riverside Company, a global private equity firm that focuses on acquiring strong and growing businesses. The Riverside Company’s investment in DPA Microphones will allow DPA to significantly expand its operation and grow the company at a much faster pace.

“DPA is already a very successful and profitable company, which has been experiencing a 15 percent increase in sales, year after year, for the last five years,” says Christian Hoff, CFO of DPA Microphones. “With Riverside involved, we anticipate even stronger sales growth in the next five years.”

Riverside has extensive experience in the audio and electronics industry, having previously invested in German loudspeaker company Teufel, which was successfully divested in 2010. More recently, Riverside acquired BLUE Microphones, a U.S. manufacturer of consumer and performance microphones and related products.

Riverside Partner Thomas Blomqvist explains that Riverside saw DPA Microphones as an attractive partner because it has an innovative and well-designed product range and an international reputation for delivering outstanding quality and durability.

“This is a solid foundation for further growth and Riverside’s global network and experience in the audio industry should help propel DPA to further success,” adds Blomqvist.

Under the terms of the new deal, Hoff and Christian Poulsen, CEO of DPA Microphones, have retained their current positions in management and on the board, along with a 40 percent shareholding. Riverside is now the majority shareholder and will also have representation on the DPA board.

“For our day to day operation, it is business as usual,” says Poulsen. “What has changed is our ability to capitalize on our current success and make this even more significant in the future. Riverside has an extensive network worldwide, many of whom are specialists in the audio industry and have deep technical knowledge and experience that we can exploit. This investment will allow us to develop new technologies and new products at a much faster pace. It will also allow us to move into new markets and attract more good people to our brand, while still properly supporting our existing customer and partner base.”

DPA makes an array of microphones geared toward demanding professional users in application areas such as theater, broadcast, public address, live and studio. Its current product range includes headset, lavalier, instrument and vocal microphones. In addition, the company makes adapters and a variety of accessories to complement its offerings. DPA’s products are sold through the company’s own sales offices in Denmark, the U.S. and Hong Kong, as well as through a worldwide network of licensed distributors, and are used by many of the world’s top studios, broadcasters and recording artists.

Working with Blomqvist on the transaction for Riverside were Vice President Björn Larsson and Associate Martin Gustavsson. Principal for Origination, Lars Eriksson, sourced the opportunity for Riverside. L.E.K., KPMG and Gorrissen Federspiel performed commercial, financial and legal due diligence, respectively. Danske Bank provided financing for the transaction. Audon A/S, an M&A International Inc. firm, advised DPA Microphones.

About The Riverside Company
The Riverside Company is a global private equity firm focused on acquiring growing businesses valued at up to $250 million (€200 million in Europe). Since its founding in 1988, Riverside has invested in more than 320 transactions. The firm’s international portfolio includes more than 70 companies.
www.riversidecompany.com or www.riversideeurope.com

ABOUT DPA:
DPA Microphones is the leading Danish Professional Audio manufacturer of high-quality condenser microphone solutions for professional applications. DPA’s ultimate goal is to always provide its customers with the absolute finest possible microphone solutions for all its markets, which include live sound, installation, recording, theatre and broadcast. When it comes to the design process, DPA takes no shortcuts. Nor does the company compromise on its manufacturing process, which is done at the DPA factory in Denmark. As a result, DPA’s products are globally praised for their exceptional clarity and transparency, unparalleled specifications, supreme reliability and, above all, pure, uncolored and undistorted sound.

For more information on DPA Microphones, please visit www.dpamicrophones.com.

CHICAGO SYMPHONY ORCHESTRA INAUGURATES MULTI-PURPOSE WSDG CONTROL ROOM

CHICAGO: For over 120 years, the Chicago Symphony Orchestra has reigned as one of the world’s greatest classical music ensembles. In a move to upgrade their recording, broadcast and streaming capabilities, Marc Geelhoed, chief of the CSO’s CSO Resound record label, commissioned leading recording engineer/producers Tim Martyn and Shawn Murphy to form a design team to revamp the control room which has long served as the CSO’s technical hub.

A multiple Grammy winner, and owner of Phoenix Audio LLC based in Glen Rock NJ, Martyn has served as Technical Director of the Boston Symphony Orchestra’s Tanglewood Festival for 30 years. Oscar and Grammy-winning, film-scoring engineer Shawn Murphy, has worked with such artists as James Newton Howard, Danny Elfman and John Williams on films ranging from The Bourne Legacy, Star Wars and Indiana Jones to Jurassic Park.

Cognizant of the compressed time frame and technical constraints of the project, Martyn and Murphy turned to the Walters-Storyk Design Group as architectural and acoustical collaborators. “I’ve worked with John Storyk on a number of studio projects, and knew they had the creative skills and technical knowhow to redesign CSO’s control room within the limited construction window and budget allotted for this critical turnaround,” Martyn said.

WSDG Project Manager Matthew Ballos reports that their initial site visit to CSO’s 320 SF control room immediately inspired a key design point. “John Storyk and I agreed that the path to reconfiguring this 16′ wide x 20′ long room was to change its orientation from center line (rear wall) access to right rear corner. Shifting the position of the entrance immediately enabled us to improve the ‘sweet spot;’ introduce a comfortable client work area, and develop additional space to accommodate the CSO’s active CD duplication service for conductors and guest artists.” In addition to creating a custom suspended ceiling cloud and wall treatments, WSDG supervised custom millwork for the mixing desk and related cabinetry.

Designed to accommodate live recording, broadcast, streaming and post-production, the new CSO control room and recording system features Merging Technologies’ Pyramix DAWs and Horus Mic preamps and converters; a Yamaha DM2000 console; and B&W and Classé Monitors and power amplifiers. In addition, the orchestra made a serious commitment towards upgrading their microphone inventory, with new mics by Schoeps, Sennheiser, and Neumann.

“We could not be more pleased with the vastly improved appearance and functionality of our redesigned control room,” Marc Geelhoed remarked. “Tim and Shawn coordinated a remarkable team effort. Our new WSDG room is a success on every level. Our listeners and fans will clearly benefit as much as our technical staff from this new facility.”

“As an ardent enthusiast of classical music, I have an abiding love for the Chicago Symphony Orchestra and their inspirational Music Director, Riccardo Muti,” John Storyk concludes. “We were honored to contribute to this important project.”

Photo 1. Chicago Symphony Orchestra Control Room revamped by WSDG. Photo by Harvey Tillis

Photo 2. Chicago Symphony Orchestra Hall. Photo by Todd Rosenberg

Photo 3. Chicago Symphony Orchestra Center. Photo by Jim Steere

###

Walters-Storyk Design Group has designed over 3000 media facilities worldwide. Credits include Jimi Hendrix’s 1969′s Electric Lady Studios; NYC’s Jazz At Lincoln Center and Le Poisson Rouge; broadcast facilities for The Food Network, ESPN, and WNET; major education complexes for NYU and Berklee College of Music Boston and Valencia, Spain; media rooms for Hoffman La Roche, and other corporate clients. Recent projects include NYC’s TEC award winner Jungle City Studios and private studios for Green Day, Jay-Z, Timbaland’s Tim Mosley, film composer Carter Burwell, Aerosmith, Bruce Springsteen and Alicia Keys. WSDG principals John Storyk (an adjunct professor at Berklee College,) Beth Walters, Sergio Molho and Dirk Noy lecture frequently at universities and industry events, and contribute regularly to industry publications.WSDG has collaborated with such noted architects as Frank Gehry, Rafael Vinoly, Norman Foster, Oscar Niemeyer, Phillipe Stark and Nicholas Grimshaw. WSDG is a seven-time winner of the prestigious NAMM TEC Award for outstanding achievement in Acoustics/Facility Design. The firm maintains offices in NY, SF, Miami, Buenos Aires,Belo Horizonte, Basel, Beijing, Barcelona, Mexico City and Mumbai.

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New Deal Sounds Great To DPA Microphones

Leading microphone manufacturer DPA Microphones has consolidated its position in the market by joining forces with The Riverside Company, a global private equity firm that focuses on acquiring strong and growing businesses.

The Riverside Company’s investment in DPA Microphones will allow DPA to significantly expand its operation and grow the company at a much faster pace.

“DPA is already a very successful and profitable company, which has been experiencing a 15% increase in sales, year on year, for the last five years,” says DPA’s CFO Christian Hoff. “With Riverside involved, we anticipate even stronger sales growth in the next five years.”

Riverside has long experience in the audio and electronics industry, having previously invested in German loudspeaker company Teufel, which was successfully divested in 2010. More recently Riverside acquired BLUE Microphones, a US manufacturer of consumer and performance microphones and related products.

Riverside Partner Thomas Blomqvist says that Riverside saw DPA Microphones as an attractive partner because it has an innovative and well-designed product range and an international reputation for delivering outstanding quality and durability.

“This is a solid foundation for further growth, and Riverside’s global network and experience in the audio industry should help propel DPA to further success,” he says.

Under the terms of the new deal, DPA’s CEO Christian Poulsen and CFO Christian Hoff have retained their current positions in management and on the board, along with a 40% shareholding. Riverside is now the majority shareholder and will also have representation on the DPA board.

“For our day to day operation, it is business as usual,” Christian Poulsen says. “What has changed is our ability to capitalize on our current success and make this even more significant in the future. Riverside has an extensive network worldwide, many of whom are specialists in the audio industry and have deep technical knowledge and experience that we can exploit. This investment will allow us to develop new technologies and new products at a much faster pace. It will also allow us to move into new markets and attract more good people to our brand, while still properly supporting our existing customer and partner base.”

DPA makes an array of microphones geared toward demanding professional users in application areas such as theatre, broadcast, public address/live and studio. Its current product range includes headset, lavalier, instrument, and vocal microphones. In addition, the company makes adaptors and a variety of accessories to complement its offerings. DPA’s products are sold through own sales offices in Denmark, the US and Hong Kong as well as through a worldwide network of licensed distributors, and are used by many of the world’s top studios, broadcasters and recording artists.

Working with Thomas Blomqvist on the transaction for Riverside were Vice President Björn Larsson and Associate Martin Gustavsson. Principal for Origination Lars Eriksson sourced the opportunity for Riverside.

L.E.K., KPMG and Gorrissen Federspiel performed commercial, financial and legal due diligence, respectively. Danske Bank provided financing for the transaction. Audon A/S, an M&A International Inc. firm, advised DPA Microphones.

-ends-

About The Riverside Company
The Riverside Company is a global private equity firm focused on acquiring growing businesses valued at up to $250 million (€200 million in Europe). Since its founding in 1988, Riverside has invested in more than 320 transactions. The firm’s international portfolio includes more than 70 companies.
www.riversidecompany.com or www.riversideeurope.com

About DPA
DPA Microphones is the leading Danish Professional Audio manufacturer of high quality condenser microphone solutions for professional applications. DPA’s ultimate goal is to provide you – whether you’re in live sound, recording, theater or broadcast – with the absolute finest possible microphone solutions for your tasks. DPA takes no shortcuts in the design processes nor makes any compromises in manufacturing, which is all done at the DPA factory in Denmark. As a result, DPA’s products are globally praised for their exceptional clarity and transparency, unparalleled specifications, supreme reliability, and above all, pure, uncolored and undistorted sound.
For more information, please visit www.dpamicrophones.com

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Sennheiser Appoints Mark Posgay as Vice President, Sales & Marketing, Professional Systems

Posgay Brings 20 Years of Sales and Professional Audio Experience to His New Role

Old Lyme, CT, December 12, 2013: Audio specialist Sennheiser announced that Mark Posgay has been appointed to the position of vice president, sales and marketing, Professional Systems, Sennheiser Electronic Corp effective immediately. In his new role, Posgay will report directly to Sennheiser USA President, Greg Beebe.

Posgay is an experienced sales professional with 20 years of audio industry expertise. Prior to joining Sennheiser, he held senior sales positions at Harman Professional, Monster Cable, and Mars Music, where he executed strategic solutions to a broad mix of customers and partners in the areas of management, sales, training and education.

“This is an exciting time of innovation in our professional systems segment, with the recent introduction of our Digital 9000 wireless system and a diverse group of other industry leading products,” commented Greg Beebe. “Mark brings an ideal mix of audio industry knowledge, customer insight and management expertise to lead our professional systems team as we implement our strategic growth initiatives into 2014 and beyond.”

Posgay, whose office is based at Sennheiser’s U.S. headquarters in Old Lyme, holds a Bachelor of Science in Psychology from the University of Florida and a certificate in Music Performance and Business from Musician’s Institute.

About Sennheiser:

Sennheiser is a world-leading manufacturer of microphones, headphones and wireless transmission systems. Established in 1945 in Wedemark, Germany, Sennheiser is now a global brand represented in 60 countries around the world with U.S. headquarters in Old Lyme, Conn. Sennheiser’s pioneering excellence in technology has rewarded the company with numerous awards and accolades including an Emmy, a Grammy, and the Scientific and Engineering Award of the Academy of Motion Picture Arts and Sciences.

You can find all the latest information on Sennheiser by visiting our website at http://www.sennheiserusa.com.

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The Radio magazine The Wire provides information from manufacturers and associations about industry news, products, technology and business announcements. The information shown here is posted by companies and their representatives and are not edited or previewed by the Radio magazine staff. The content providers are solely responsible for the content of their posts. If you would like your company's news and information to appear here, contact us.

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