CEO leads global company through many shifts in the audio industry
Today, Klipsch Speakers is a sibling company of Japan-based Onkyo Electronics. Both brands were founded in 1946.
Klipsch
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Klipsch sales boom sparks parent firm’s lifeless stock
Fueled by the strong performance of Klipsch and the company’s other premium audio lines—all of which are overseen from Indianapolis by longtime Klipsch CEO Paul Jacobs—Voxx shares have risen more than 200% this year.
Audio-products maker Klipsch rocking as parent struggles
The manufacturer has reinvigorated its product line, brokered new partnerships, and greatly expanded its sales footprint, but the tune from parent New York-based Voxx International Corp. is far less melodic.
Speaker firm Klipsch rocking again after losing its beat
Voxx International Corp.’s Premium Audio segment—essentially Klipsch—has seen three straight quarters of strong sales growth, including a 27-percent showing in the latest quarter.
Assertive analyst takes Klipsch owner to woodshed
The stock market value for Voxx today is just $118 million—far less than it paid just for Klipsch, one of a long list of acquisitions it made dating back a decade.
Exec’s quiet exit leaves no Klipsch atop speaker maker
Michael Klipsch, who stepped down in September as chief legal counsel and president of business development, had been with the indianapolis-based speaker maker nearly 20 years.
Deal crowns Klipsch ‘Cadillac’ of headphones
The Indianapolis-based manufacturer will supply Klipsch Image One headphones to be part of a rear-seat DVD entertainment system for Cadillac’s 2015 and 2016 Escalade Platinum edition.
After setbacks, Klipsch amps up focus on high end
The Indianapolis-based speaker maker is responding to challenges in its industry by returning to its roots—emphasizing premium products, including home speaker systems costing $2,500 to $10,000.
Klipsch bolsters marketing with rollout of Gig mini-speaker
The homegrown speaker and headphone maker Klipsch Group in recent weeks released a bevy of new products and launched a marketing campaign headlined by high-profile athletes and a rock band.
Firm’s Klipsch purchase hasn’t rocked Wall Street
Voxx International Corp.’s $166 million buyout of Indianapolis-based speaker maker Klipsch Group two years ago so far hasn’t generated the excitement on Wall Street that Voxx wants.
Klipsch helps parent firm double cash flow
Indianapolis-based speaker maker now owned by Voxx International posted year-end sales of $169.5 million, which appeared to be flat compared with prior periods.
Klipsch wins restraining order vs. alleged counterfeiters
The order enables the Indianapolis speaker maker to disable the websites where the suspected knockoffs are sold and allows it to restrain the funds of the accused.
Klipsch pushes up earnings for parent company
Klipsch Group parent company Voxx International Corp. said its earnings nearly doubled in its fiscal third quarter, thanks in part to the Indianapolis-based speaker maker it acquired last year.
Klipsch purchase helps fuel Audiovox sales
Audiovox's CEO credited Klipsch with helping Audiovox report strong financials Tuesday. Audiovox completed its purchase of the Indianapolis speaker maker in March.
Local firm shows off for consumer-electronics buffs
Indy Audio Labs is shipping its first finished product and had it certified by THX Ltd., the gold standard in consumer electronics, in time for a major industry trade show this month.
Sleepy Klipsch buyer out to make some noise
Audiovox Corp., the Hauppauge, N.Y.-based company that recently bought the high-end audio firm Klipsch Group, hopes to use the $167 million deal to win over Wall Street.
Klipsch steps down as speaker maker CEO
Longtime Klipsch Group executive Paul Jacobs will take the helm, giving the Indianapolis company its first leader not named Klipsch.
Klipsch selling for $166M, Audiovox says
Klipsch will become a subsidiary of Audiovox and operate as a stand-alone operation in Indianapolis under the leadership of the current management team, Audiovox said.
Audiovox agrees to buy local speaker maker Klipsch
Audiovox said in a statement, though, that the deal is “subject to a number of contingencies.” Indianapolis-based Klipsch was founded in 1945 and has 130 local employees.
High-end audio firm Indy Audio Labs powers up with new hires
An upstart audio products company with offices at Purdue Research Park at AmeriPlex has brought in big guns to launch sales.