There were some groans when Thiel changed hands, now comes that news that longstanding UK speaker company, Bowers and Wilkins has been bought by a US group. Audioholics reflects the tenor of much of this reporting:
B&W Purchased by Silicon Valley Startup: Cheers or Tears?: It's one of the most lopsided company acquisitions in recent history. An historic hi-fi speaker manufacturer B&W; with over 1000 employees was bought by a Silicon Valley startup with barely a website.
who says there's no money in hi-end?
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