Active Audio gets cash boost to fund future launches
Active Audio was given a cash injection on November 3, 2014 when Jacques Mahul, founder of FOCAL-JMlab, acquired an interest in the loudspeaker manufacturer.
Investment from Good-Sound, the fund created and managed by Mahul, is tipped to enable Active Audio to launch further products and boost recruitment.
Régis Cazin, CEO of Active Audio, said: "We have a highly ambitious programme for developing innovative products over the next three years. We are looking to strengthen our status as an expert in improving the intelligibility of PA systems. Jacques Mahul's addition to the company represents a tremendous opportunity on both a financial and human level."
Jacques Mahul, founder and director of investment fund Good-Sound, said: “There are only a handful of companies in France that feature such a wealth of audio talent under the same roof. I crossed paths with Active Audio in a previous life and I admired their ability to break new ground. I was keen to join forces and share my experience in an area that continues to excite me and which I know intimately."