Bowers & Wilkins acquired by small Silicon Valley startup

eva b&w

British audio manufacturer Bowers & Wilkins has been acquired by Silicon Valley based EVA Automation Inc, a technology company founded by Gideon Yu. Bowers & Wilkins has forged its position through a relentless commitment to high quality innovative research, development and build. EVA Automation will integrate fully with Bowers &Wilkins’ acoustic engineering prowess by offering innovative AV technologies and product vision that will enable Bowers & Wilkins to grow faster and further.

Joe Atkins, incumbent owner of Bowers & Wilkins, will remain chief executive and will work closely with EVA and Yu to continue to develop Bowers & Wilkins’ position as a world class highly integrated AV company. Gideon Yu is well known for helping to build world-class companies including Facebook, You Tube and Square and will act as executive chairman for Bowers & Wilkins.

Gideon Yu said Bowers & Wilkins brings an incredible brand, experienced and well-respected team and commitment to making high-end audio equipment of unmatched quality.

“We at EVA share the same product vision and passion for home entertainment and look forward to creating fantastic home AV experiences together as one combined company,” Gideon said.

Joe Atkins said its an exciting time for Bowers & Wilkins.

“A brand of true heritage and quality. In Gideon Yu and EVA Automation we have a true innovator in the technology sector,” Joe said.

The post Bowers & Wilkins acquired by small Silicon Valley startup appeared first on Connected Home – Trade.

Reference: Connected Home

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