Revolabs has entered into a definitive agreement to be acquired by Yamaha Corporation. The merger of the two companies will help Yamaha further grow its enterprise presence for audio equipment. Yamaha has also been developing, manufacturing, and selling voice communication devices and professional audio equipment for the expanding audio equipment market for many years, and the sharing of product lines, technology, know-how, and sales networks of both companies will enable the Yamaha Group to provide solutions for the diversifying needs of the market.
Takuya Nakata, president of Yamaha Corporation. “Revolabs’ ethos of creating products that provide value for customers with strong technical capabilities as a base meshes well with the Yamaha Group’s corporate philosophy. By combining Revolabs’ wireless microphone systems and wireless conference phones with Yamaha’s voice communication devices and professional audio equipment, we expect to be able to create even more appealing solutions for our customers. In the future we aim to accelerate our progress in expanding sales in the electronics business domain, one of the goals announced in the Yamaha Management Plan 2016, our medium-term management plan, by combining the technology and know-how of both companies.”
Revolabs will continue to operate as a wholly-owned subsidiary of Yamaha Corporation and execute on its existing roadmap with the current management team.