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 ...

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