Shure and Stem Audio will continue to operate separately as integration plans for sales and support are finalised.
Shure has acquired California-based Midas Technology, also known as Stem Audio, which provides a suite of products including table, ceiling and wall microphones as well as loudspeakers, control interfaces and hubs.
With the acquisition of Stem Audio, Shure hopes to further expand and diversify its solution offering for organisations of all sizes, while Stem Audio will benefit from the global infrastructure and support capabilities that Shure provides.
Shure and Stem Audio will continue to operate separately as integration plans for sales and support are finalised. Future plans for the respective product portfolios will be shared later.
In the meantime, customers can continue to buy and receive support for Stem Audio products from Stem Audio’s current channels, including StemAudio.com in the US market. This acquisition also includes Midas’ Phoenix Audio Technologies brand.
Stem Audio’s product line, in tandem with Shure’s end-to-end audio ecosystem, including powerful Microflex Advance and IntelliMix product lines and industry-recognised customer support, provides a rich and expansive suite of solutions for customers.
The addition of the Stem Audio line looks to complement Shure’s product offering and provides customers with a greater choice of products as their needs evolve.
Stem Audio’s RoomDesign tool and straight-forward networked installation make it a solution that can be installed by anyone. With advanced technology that customises each device’s performance to the acoustics of a room, audio pickup heat mapping, and a built-in management platform, Stem Audio promises to fit into many enterprise environments with ease.
Commenting on the acquisition, Chris Schyvnick, President and CEO, Shure said: “We both believe in ecosystems. Working together, we aim to provide customers with better options to deploy great audio in more spaces, more cost-effectively, and more quickly. Shure and Stem Audio understand the importance of good quality audio and taking care of customers, so this acquisition is a great fit for both organisations.”
Jacob Marash, CEO and Founder, Stem Audio added: “We’re thrilled to be joining a company with an unrivalled pedigree and history in manufacturing audio products. Shure’s scale and global reach will help make Stem Audio products more available to customers, providing improved value, quality and support.”