Beyerdynamic Has Been Sold To A Chinese Company For US$139 Million

Interview With beyerdynamic About Sale to Cosonic

beyerdynamic has begun the process of a sale to Chinese company Cosonic, and we sat down with the company's North American Managing Director. The post beyerdynamic’s NA Managing Director Talks About the Sale to Cosonic appeared first on Wifi Hifi Magazine.

Beyerdynamic Has Been Sold To A Chinese Company For US$139 Million

Beyerdynamics, the German audio brand known for its headphones, has been sold to the Cosonic Intelligent Technologies, the Shenzhen-based audio company that also has stakes in other brands, including Philips, JBL, Beats, and Huawei. The deal concluded to the sum of US$139 million (~RM592 million). In an official press release, the transaction values Beyerdynamic at roughly 14 times its 2024 net profit. Moreover, the acquisition means that Cosoni…