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Sennheiser to spin out its consumer audio business February 18, 2021 // By Nick Flaherty German audio specialist Sennheiser is looking for a partner for its consumer business to focus on its professional divisions. The company has three professional divisions covering Pro Audio, Business Communications, and the Berlin-based Neumann microphone business. “In all of these areas we see great potential for growth. At the same time, they are characterized by different customer groups, customer requirements, product life cycles and market dynamics,” said Andreas Sennheiser, Co-CEO of Sennheiser. “To be best able to exploit the potential in each of these markets, we are concentrating our own resources on the three business areas in the Professional division and are looking for a strong partner to invest in our Consumer business, said brother Daniel Sennheiser, the other co-CEO. Both brothers are grandsons of the foun ....
Sennheiser wants to sell its consumer audio business Sennheiser has said that it wants to focus on its professional business and aims to secure partnerships for its consumer business. February 17, 2021 | Updated 10:56 IST Highlights Sennheiser on Tuesday announced that it is looking for a partner to invest in its Consumer business. The company plans to independently invest in its sound competence as well as in its market presence and visibility. The audio-giant has said that it is in talks with potential partners but the public wants the company to find a taker in Google. Sennheiser on Tuesday announced that it is looking for a partner to invest in its Consumer business. The company s consumer business focuses on headphones of all types whereas its other businesses consist of professional audio products including studio microphones, amplifiers, and more. Sennheiser has said that it wants to focus on its professional business and aims to secure par ....
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