Audio Video News

The technological world moves incredibly fast, with cutting edge trends sometimes getting pushed to the edge of the information and entertainment superhighway almost before the digital ink of their announcements has dried. Netbooks, for example, seemed to be the next big thing for a short time until falling victim to their own limited capabilities. E-readers have faced speculation that they may follow a similar trend, though the jury is still out on this category, with 17 percent of U.S. adults owning one.

In fact, adopters of new technology appear reluctant to let go of the old technology their new devices threaten to replace.

Late last week, D&M Holdings and Boston Acoustics announced that they have signed a definitive merger agreement in which D&M will purchase Boston Acoustics for $17.50 per share in cash for a total of approximately $76 million. The deal adds Boston Acoustics' premium speaker line (along with the Snell brand, which BA acquired within the last couple of years) to D&M's already impressive portfolio, including Denon, Marantz, and McIntosh, as well as the D&M Professional, ReplayTV, Rio, and Escient brands.