Sennheiser could be set to sell its consumer division as it places extra focus on professional business units.
The German audio company wants to secure a
partnership to strengthen its market position in consumer
electronics and will start talks with potential partners shortly.
Sennheiser says the move would allow it to move
forward with complete focus on its pro audio,
business communications and Neumann business units with investment ploughed
into sound competence, market presence and visibility. Business communications
was singled out in particular as offering “significant
opportunities for growth”.
You can read the full announcement here.