Panamax Buys Furman Sound
By STaff -- TWICE, 3/13/2006
Petaluma, Calif. — Panamax has acquired Furman Sound, a move that will complement both companies' offerings, and expand the growing family of companies in the home technology group of Carlsbad, Calif.-based Linear LLC. No terms of the purchase were disclosed.
Panamax, based here, makes a wide range of innovative and award-winning power conditioning products for home theater electronics, high-definition cable and satellite TV systems, and office equipment.
Furman Sound, also based here, was founded on sales of high-quality audio and video signal processors for professional audio/video products. The company expanded its product line and market segment in 2001 to include a consumer electronics line.
Linear, a pioneer in engineered radio frequency (RF) products and a major supplier of wireless residential security systems, recently expanded into CE, home entertainment products and structured wiring systems for the builder market.
Recent acquisitions have included ChannelPlus whole house audio/video distribution systems; Elan Home Systems multiroom audio/video equipment; Imerge Internet-connected, hard-disk-based audio products and media appliances; Niles Audio whole-house audio and home theater products; OmniMount audio/video equipment mounting solutions; SpeakerCraft and Proficient Audio Systems speakers and electronics; Sunfire speakers, home audio and home theater electronics; and Xantech infrared remote controls for home entertainment systems.
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