AudioQuest Acquires GoldenEar Technology
Quest Group, the Californian parent company of cable and accessory brand AudioQuest, has announced it has acquired loudspeaker brand GoldenEar Technology.
Sandy Gross, CEO and co-founder of GoldenEar, said in an open letter:
I am pleased to announce that The Quest Group, the owner of AudioQuest, has acquired GoldenEar Technology. Owned by Bill Low, an ardent audiophile, The Quest Group, best known as the creator and supplier of the AudioQuest brand, has defined how a focus on audiophile performance can combine with market savvy and understanding, marketing excellence and operational excellence, to achieve exceptional business success.
Sealed with a handshake - Bill Low (left), Sandy Gross (right)
It is reported that The Quest Group's strong presence on the ground in Europe which includes full warehousing and a growing sales-support structure, along with its strong Asia-Pacific presence, will further benefit the GoldenEar Technology brand.
I very much want to continue with my lifelong work of creating great loudspeakers and bringing them to market. I think that TQG's capabilities will help us to create and structure an even more effective market presence, and, with their help and backing, I am confident that our sales team will grow and be able to offer even greater support to you, our dealers, distributors, and to your teams.
In an exclusive StereoNET interview with Bill Low late last year, Bill revealed that even after celebrating forty years of AudioQuest this year, he has no intentions of slowing down or retiring. This latest announcement proves Mr.Low is true to his word.
AudioQuest founder William E. Low (left), with StereoNET Contributor Tom Waters (right) in Sydney last year.
We wish both The Quest Group and GoldenEar Technology the very best for this new chapter.