Filed under: News | Portable Devices
Aug 27 2005, 2:04am EST | by Luigi Lugmayr
D&M Holdings Inc. today announced it would exit the mass-market portable digital audio player
business, currently marketed under the Rio brand, by September 30, 2005.
D&M Holdings Inc. already sold the MP3 player technology in July to SigmaTel, Inc.
The company thinks that the portable media player business is not a strong enough strategic fit for D&M Holdings. They will focus on core Premium AV
business and advanced content server products.
D&M Holdings Inc. is also in the process of acquiring Boston Acoustics, Inc.
So I assume Rio MP3 players should be available at bargain prices soon. The Rio Carbon 6GB player for instance is still a nice device (photo).
D&M Holdings Inc. is based in Tokyo and owns the Denon, Marantz, McIntosh
Laboratory, D&M Professional, ReplayTV(R), Rio(R) and Escient(R) brands.
More details in this press-release.
As ownership of mobile devices, digital content, and apps expands, consumers will be looking for ways to customize the in-vehicle environment with content and services." - Ben Arnold, Director of Industry Analysis at NPD. Portable media devices, such as ...
Full article at: PRWeb
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Luigi Lugmayr
Luigi is the founding chief Editor of I4U News and brings over 15 years
experience in the technology field to the ever evolving and exciting
world of gadgets. He started I4U News back in 2000 and evolved it into
vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.
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