Revitalized Audio Research: Exciting News!
Audio Research Corporation has been acquired by AR Tube Audio Corporation, a privately-owned Delaware-based corporation that includes Valerio Cora of Acora Acoustics Corporation as a director. The acquisition was approved by a judge after an asset purchase agreement was made with Lighthouse Management Group. The acquisition is set to provide the financial stability required to resume the growth that Audio Research had achieved over the decades. Valerio Cora, with his extensive business experience and ownership of Audio Research components for many years, is the perfect person to be at the helm.