Biamp announces acquisition of Cambridge Sound Management
Biamp has announced the acquisition of Cambridge Sound Management (CSM) from Gladstone Investment Corp. Headquartered in USA, CSM is one of the leading brands in the sound masking market.
CSM is the only provider of direct and in-plenum sound masking products. With approximately 50% market share and more than 20,000 installations, CSM systems are being put to work at more than half of Fortune 100 companies that look to the company to manage sound effectively and create satisfying working conditions within dense open office environments and other settings.
Its products have broad application across market segments including corporate, healthcare, financial services, education, government, technology, and retail and its products have received numerous industry awards and recognitions.
CSM sells through a network of integrators, this model and many of the integrators themselves are identical to Biamp’s, which allows a straightforward and speedy combination and expansion of both entities’ distribution networks.
Biamp president, CEO, and co-chairman Rashid Skaf said: "The acquisition of Cambridge Sound Management unites two great brands in the proAV market. Together, we offer customers better access to industry leading solutions that manage sound and video to address a wide array of modern communications and collaboration challenges. It has been just one year since I led the acquisition of Biamp with Highlander Partners with the stated intent of leveraging it as a platform to build a respected provider of comprehensive audiovisual solutions. This transaction is the first evidence of that strategy being implemented but far from the last. Biamp is on the move!”
Biamp currently offers a range of AV products for communication and collaboration in conference rooms, lecture halls, auditoria, as well as paging and notification for open areas like offices, concourses, retail centers, and casinos. CSM adds an important new sound masking offering for these open areas that integrates naturally with Biamp’s products technologically and operationally.