Shure acquires conferencing audio firm Stem Audio

Shure has confirmed its second acquisition in less than two weeks, this time with the purchase of audio conferencing solutions provider, Stem Audio.

Also known as Midas Technology, California-based Stem Audio specialises in providing a suite of audio conferencing solutions, including table, ceiling and wall microphones, as well as loudspeakers, control interfaces and hubs. The acquisition enables Shure to further expand and diversify its conferencing offering for organisations of all sizes, while Stem Audio will benefit from the Shure’s global infrastructure and support capabilities.

“We both believe in ecosystems. Working together, we aim to provide customers with better options to deploy great audio in more spaces, more cost effectively, and more quickly,” said Chris Schyvnick, president and CEO, Shure. “Shure and Stem Audio understand the importance of good quality audio and taking care of customers, so this acquisition is a great fit for both organisations.”

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“We’re thrilled to be joining a company with an unrivalled pedigree and history in manufacturing audio products,” added Jacob Marash, CEO and founder, Stem Audio. “Shure’s scale and global reach will help make Stem Audio products more available to customers, providing improved value, quality and support.”

The announcement comes less than two weeks after Shure confirmed the strategic acquisition of Finnish software company Wavemark, as part of a bid to bolster its software solutions offering.