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D&M Acquires Escient

Consolidation is a fact of modern corporate life, but the consumer electronics industry has generally bucked this trend and remained relatively fragmented. Notable exceptions include Harman International and Rockford Corporation (which recently acquired loudspeaker manufacturer NHT)—now it's time to add D&M">http://www.dm-holdings.com">D&M Holdings to that sparse list.

Financial Roundup

Recent financial reports from the consumer electronics industry are all over the map, with some manufacturers reporting declines while others report gains. Sony and Samsung have both posted losses, but Toshiba and JVC made money. Pioneer is holding steady.

Tighter CD Control?

At one time the music industry was known as a cultural force. It could excite the public and change the course of history, even prodding some governments to attempt censorship. These days, the record labels themselves are acting more and more like a police force, looking for ways to restrict and control how music consumers behave.

PS Audio's Power Plant P500

Over the past few years, PS">http://www.psaudio.com">PS Audio's P300http://www.stereophile.com//accessoryreviews/181/">P300; AC regenerator has been very well received by the audiophile community, winning praise (and a Stereophile "Recommended Components" listing) for its ability to lower the noise floor to vanishing levels and to extract unforeseen levels of performance from users' hi-fi systems. Good as it is, the P300 disappointed some because it can't supply enough current for power amps or other juice-hungry gear needing more than its 300W maximum. Some users also complained that despite the sonic improvement offered, the P300 was too bulky for its power rating, ran too hot, and drew too much current when simply idling.

D&M Takes Another Bite

The streak of acquisitions for D&M">http://www.dm-holdings.com">D&M Holdings continues. Last month saw the company pick">http://www.stereophile.com/news/11595/">pick up its third major consumer electronics brand when McIntosh Laboratory was brought into the fold with Denon and Marantz. Last week, D&M announced that it was successful in a bid to acquire certain assets comprising the digital video recorder and MP3 business units of troubled SONICblue.

Recoton Saved

Last week found Recoton strugglinghttp://www.stereophile.com/news/11618/">struggling; to keep its head above water. This week Gemini Industries tossed the beleaguered company a rope, announcing that it had reached an agreement to acquire Recoton's consumer electronics accessories business. In support of this transaction and Gemini's growth plan, the company raised new funding from Boston-based Parthenon Capital.

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