News

Success begets success. Canton, Massachusetts-based Tweeter">http://www.twtr.com/">Tweeter Home Entertainment Group, Inc. announced February 2 that it has acquired Home Entertainment of Texas, Inc. The acquisition gives Tweeter a solid foothold in the Southwest, and is the latest in a takeover campaign that has enveloped two successful regional chains in each of the past two years.

The Consumer">http://www.cema.org">Consumer Electronics Manufacturers Association (CEMA) announced on January 23 that total November audio sales bounced back modestly from an anemic October, but were still off by 1% for both the month and year to date. Total dollars for the first 11 months of 1997 stand at $7.2 billion, compared to $7.3 billion at this time in 1996. Nevertheless, spectacular sales of audio systems are singlehandedly offsetting the lackluster sales in all other areas.

On January 28, Carver">http://www.carver.com">Carver Corporation announced the resignations, effective January 21, 1998, of Mr. Thomas C. Graham and Mr. John F. Vynne as directors of the company so each can devote more time to his respective business. Carver Corp. also announced the resignation of Mr. Stephen M. Williams as a director of the company effective January 27, 1998. Mr. Williams is pursuing other business opportunities that preclude his continued service as a director of Carver Corp.

Attention all you amateur speaker designers furiously creating the world's next revolutionary crossover or cabinet design in your garage: Meniscus">http://www.iserv.net/~meniscus">Meniscus Audio, a manufacturer of loudspeakers that sells directly to consumers through mail-order marketing programs, has announced a loudspeaker design contest that offers the winner the opportunity to have his or her design developed for distribution as a kit. First- and second-place prizes will also be awarded.

Silicon Valley, Jan. 28---John Sunier, host of the nationally syndicated radio program Audiophile">http://www.btown.com/audio.html">Audiophile Audition, and I were here last night at Cogswell College for an Audio Engineering Society-hosted lecture and demonstration by MedianiXhttp://www.medianix.com">MedianiX;. The Mountain View-based semiconductor company has pioneered a "virtual multi-axis" ("VMAx") surround-sound technology using only one pair of closely spaced loudspeakers.