Simple Audio, the networked audio company based in Scotland that released its first multi-room music streaming system in 2012 and quickly gained a reputation for superior sound performance, today announced that it has been acquired by leading US-based PC enthusiast hardware company Corsair in a multi-million dollar deal. The deal marks another positive chapter in the Simple Audio story and puts the company in a strong position to extend its reach globally.
Peter Murphy, Founder and CEO of Simple Audio commented: “When I started Simple Audio the aim was to make high quality digital music accessible to more people. Now the company is in a much stronger position to make this a reality. Corsair’s extensive resources and worldwide distribution infrastructure will undoubtedly help Simple Audio achieve its ambitions, including plans to launch our products in the USA and Asia during 2013. We’re delighted to be a part of Corsair and very excited about the future.”
Corsair, with half a billion dollars in annual revenue, has built an excellent reputation for designing and manufacturing innovative, high-performance components and peripherals for PC enthusiasts and gamers.
Andy Paul, President and CEO of Corsair commented: “We have followed Simple Audio as a potential investment opportunity since 2010 and we are extremely impressed by their vision of HD digital music in the post-iPod era. Their high quality, high-performance Roomplayer system demystifies and simplifies the process of playing digital music throughout the home. We believe now is the right time to invest in the fast-growing digital music space and are delighted to help Simple Audio bring their incredible vision into reality and to music lovers around the world.”