AwoX Buys 100% Of Cabasse
AwoX has announced the acquisition of 100% of the shares of French company Cabasse from the Canon Group.
Created in 1950, Cabasse is a global technological leader in electroacoustic that is primarily known for its range of high-end acoustic loudspeakers, home integrated sound systems and connected high-fidelity speakers.
The acquisition marks close to five years of collaboration between the two companies, during which time AwoX has supplied Cabasse with connectivity solutions (electronic modules and iOS and Android software) and worked with it in the development of numerous audio products, including the AwoX StriimSOUND – a high-fidelity Wi-Fi speaker with sound engineering by Cabasse that was released during the first quarter of 2014.
This acquisition will enable AwoX to enhance its offer of Smart Home connected audio solutions with the
extensive range of audio products and systems produced by Cabasse.
In turn, Cabasse will benefit from AwoX’s expertise in Wi-Fi connectivity technologies to cement its foothold as a brand in audio streaming. It will also benefit from AwoX’s proven industrialization, manufacturing and sourcing infrastructure. Lastly, AwoX will assist with the sales and marketing of Cabasse products on a global scale, and particularly in North America and the Asia-Pacific region.
