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Gibson Guitar To Merge with TC Group


01/21/2008
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(Gibson) Gibson Guitar, the world's premier musical instrument manufacturer and leader in music technology and TC Group, leaders in professional audio, have announced that they are planning to merge. The announcement was made at the NAMM 2008 show in Anaheim, California by both Gibson Guitar Chairman and CEO Henry Juszkiewicz and CEO of TC Group, Anders Fauerskov.

The TC Group, headquartered in Risskov, Denmark, develops and manufactures first class audio products that provide lasting user value for audio professionals and musicians. The company has a number of premium brands of pro audio technology and produces amplifiers, speakers, digital processors, guitar pedals and other pro audio and MI products. TC Group's customers include top musical artists, world class recording studios, television and radio/TV stations, prominent theatres, commercial installations, and home entertainment.

"This merger will revolutionize the music industry for many years to come," said Henry Juszkiewicz, Chairman and CEO of Gibson Guitar. "The synergy between the two companies will allow us an enormous advantage in the development of new audio technologies and brings together two of the world's most poweful brands." - more on this story

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