Yamaha Corp. and NEXO S.A., a leading manufacturer of professional speaker systems, have reached a basic agreement to enter into a strategic alliance with respect to professional audio product development and distribution.
Both companies believe that the integration of advanced digital technology and premier speaker technology will greatly enhance the system solutions in professional audio products. As a part of the alliance, YAMAHA has acquired 10.22% of the common shares of NEXO.
YAMAHA has over 30 years of mixing console development and manufacturing experience, with more than a 15-year history in digital mixing console technology, including industry-standard products, such as PM1D and PM5D. YAMAHA is also well known for its range of digital signal processors, power amplifiers and speakers such as the DME24N/64N and PC-1N power amplifiers.
NEXO is one of the market leaders in concert/touring and installation speakers with an excellent reputation in line-array speakers such as the GEO series as well as the PS series of speakers, which are best sellers around the world. NEXO is also well known for its premier speaker processing technologies.
“The alliance between YAMAHA CORPORATION and NEXO will provide customers an excellent opportunity to realize what will become the future of professional audio product integration,” states Denis Baudier, worldwide sales director, NEXO S.A. “Both companies’ product know-how complement each other with YAMAHA as an expert in DSP and NEXO as one of the leaders in professional audio speaker manufacture, able to provide the market complete system solutions that customers have long awaited.”
The combination of YAMAHA and NEXO products in response to the increasing demand for integrated professional audio systems was key to both companies decision to combine technologies and products through joint-development projects.
“The alliance between YAMAHA CORPORATION and NEXO will enable us to offer the US commercial audio market a complete system solution,” states Larry Italia, general manager, Yamaha Commercial Audio Systems Division. “Customers will be the beneficiaries of this partnership not only with the vast product lines currently offered by both companies but all future products developed as part of the agreement.”