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View Full Version : Here we go again.....



doodlebug
10-03-2009, 04:11 AM
It appears that the current holder of the Altec Lansing brand has sold it off to yet another buyout artist (IMHO, that is). This link comes from the Santa Cruz Sentinel where Plantronics, the current owner, is based.

http://www.santacruzsentinel.com/business/ci_13473176?source=rss

Given that Plantronics paid some $166 million and sold for $18 million, it certainly doesn't add any luster to the brand image. Sigh.....

Cheers,

David

dprice
10-03-2009, 07:11 AM
I think this quote says it all...

Ross Gatlin, chief executive officer at Prophet Equity, called Altec Lansing "a Dynamic company with a bright future in many portable digital audio platforms."

hjames
10-03-2009, 09:15 AM
Its a darned shame, but Altec Lansing as we know it has been gone for years.

The Classic ALTEC gear is great, but the name ALTEC?
Its just a NAME, without manufacturing, without product,
in and of itself, "ALTEC" means nothing anymore ...

stephane RAME
10-04-2009, 01:52 AM
http://www.altec.com/

Stéphane