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Harman International Industries, Inc has agreed to be acquired by Goldman Sachs Capital Partners (GSCP) and Kohlberg Kravis Roberts & Co. (KKR) for a price of $120 per share (a total near $8 billion). The share price represents what Bloomberg.com characterized as a 17% premium over its price one day earlier. The company's stock had been increasing in value, having risen by about 2.6% since the beginning of 2007, but beginning April 18, the stock began to surge, "indicating some investors anticipated the buyout," according to Bloomberg. John Rogers, a Citigroup analyst, had predicted in February that Harman was choice for acquisition, estimating that private equity buyers could pay a premium of 20% over its share price and still see annual returns of 20%.

A ticket to Home Entertainment 2007—The High Performance Sound & Imaging Show,, to be held May 11-13, 2007 at the Grand Hyatt New York Hotel in New York City, offers attendees a chance to hear live musical performances from some of the great artists of classical music and jazz.

The Internet audio forum Head-Fihttp://www.head-fi.org/forums">Head-Fi; is one of the few places on the Web where you can hang out with truly passionate audiophiles and not come away despairing at the state of current public discourse. So it shouldn't come as a surprise that Head-Fi's regional and national meets have that same sense of relaxed solidarity. But what always strikes me at these events, such as the national Head-Fest 2007 get-together in San Jose on April 21 and 22, is just how darned sociable Head-Fiers are, considering they are celebrating an activity that is so intensely solitary.

Iconic audio manufacturer Linn Products announced April 18 that the Scottish firm will "realign" its business strategy to create "a more focused range of even higher quality products, specifically aimed at the premium end of the consumer market."

If I were to tell you that four months into 2007, I already had a nomination for the year's best-sounding record, you might think me daring. If I told you that it features bandoneon—a chromatic accordion—and cello, you'd probably think me barking mad.

Show attendees at Home Entertainment 2007, the High Performance Sound & Imaging Show of the year, will be treated to several educational seminars and clinics that will help guide and inform them about the choices confronting contemporary music and film lovers looking for better home entertainment experiences.

Billing itself as a "personalized gateway for music discovery," MOGhttp://www.mog.com">MOG; (a port manteau combination of "music" and "blog") has come out of beta testing and announced "the launch of your favorite new way to waste time on the Internet," MOG 2.0. Since my email tagline is "Waste more time: Read my blog,&quot">http://blog.stereophile.com/wesphillips/">blog," John Atkinson reckoned that I was the logical reporter for this new development.