San Diego - Audio supplier Altec Lansing has moved its executive offices to San Diego from Milford, Pa., hired new top executives, and plans its first network audio products incorporating Apple AirPlay and DLNA certification.

The company said it will continue to maintain warehousing and logistics capabilities in its current Milford location for now but might relocate them to another East Coast location. The Milford facilities are up for sale, and the company is considering leasing them back after the sale, a spokesperson said.

The company moved its executive offices and is bringing engineering and marketing to the facility in order to tap into the area's "broader, deeper talent pool," a spokesperson said. Relocation packages have been offered to employees whose positions are being moved.

The changes follow the appointment earlier this year of president/COO George Stelling, an executive with Prophet Equity, the Southlake, Texas, private-equity firm that bought Altec Lansing from Plantronics in December 2009.

Prophet also bought wireless-technology developer Avega Systems of Australia in 2010 and integrated the two companies.

Other new executives include Paul Stacey, who came on board a month ago as CFO and operations VP. A week ago, Brendon Stead joined Altec Lansing as VP of product management and engineering. Both also now serve on Altec Lansing's board.

Stead was formerly a GM and VP with Harman International and Labtec. Stacey was formerly with Enesco, Ricoh Americas, and Price Waterhouse. Both will be based in San Diego.

"In San Diego, we know Altec Lansing can continue to innovate aggressively in both products and software by tapping deep talent pools in the wireless and networking industries," said Stelling. "As music migrates to the Cloud, and as consumers readily adopt Bluetooth, Wi-Fi and other connected solutions for audio, we feel that our San Diego footprint will play a critical role in future growth in both our audio solutions and technology licensing businesses."

In consumer audio, Altec currently offers computer audio, docking speakers for smartphones and tablets, Bluetooth speakers, and headphones. Later this calendar year, the company plans its first products incorporating Apple AirPlay wireless network technology, and the company said it "is poised to integrate" DLNA wireless-networking technology into its product line.

 In a week or so, it will launch its first earphone line designed specifically for women and their smaller ear canals, a spokesperson said.

No plans for now top re-enter the pro audio market or launch tower and bookshelf speakers for use in component audio systems, a spokesperson said.
Release Date: 
2011-07-20 18:39:04
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Abstract Web: 
San Diego - Audio supplier Altec Lansing has moved its executive offices to San Diego from Milford, Pa., hired new top executives, and plans its first network audio products incorporating Apple AirPlay and DLNA certification.
Article Type: 
News
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