TSL has announced its acquisition of loudspeaker monitor specialist, Celtic Audio Ltd.
‘For many years, Celtic Audio has worked closely with our Professional Products Group to assist with the design and manufacture of our range of audio monitoring products,’ says TSL MD, David Phillips. ‘The full acquisition of Celtic Audio now consolidates all of the engineering and design expertise under one company, Television Systems Limited.’
Following the acquisition, David Lyon, a director of Celtic Audio, will act as a design consultant to TSL; fellow Celtic Audio Director John Watkinson will concentrate on his many other activities; and Managing Director David Lambert is expected to retire after 52 years in the industry once the handover is complete. All three are well-known, highly respected industry experts, with Watkinson having written numerous books including The Art of Digital Audio, which has long been the standard reference work in the industry.
‘We have very much enjoyed working with TSL on a variety of audio technology projects,’ says Lambert. ‘Our award-winning designs have contributed to their achievements as they expand their professional audio technology range. We are pleased that Celtic has now been formally absorbed into TSL and we wish the company the best as it continues to market high quality, innovative audio monitoring products to the broadcast market.’
TSL operates two separate businesses, an international, independent broadcast Systems Integrator and a Professional Products Group that designs, manufactures and sells a range of award-winning audio monitoring, tally signalling and power management units.
The acquisition is effective immediately. Terms were not disclosed.
More: www.tsl.co.uk