Fate of Hales Loudspeakers Still Unknown
Many audiophiles—especially owners of Hales loudspeakers—have wondered whether or not the brand will be revived, in view of a <A HREF="http://www.stereophile.com/news/10918/">recent announcement</A> by Audio Video Research of Ann Arbor, Michigan that it has acquired the assets of Wadia Digital and plans to resume production and product development of the revered name. Wadia acquired Hales (two of whose products were still <I>Stereophile</I> "Recommended Components" as of October 2000) last year, just a few months before financial difficulties put Wadia into a nosedive from which it could not recover.