Shure acquires Stem Audio

Shure has acquired lately California-based Midas Technology, Inc., also known as Stem Audio, which is specialized in providing a suite of products including table, ceiling and wall microphones as well as loudspeakers, control interfaces and hubs.

With the acquisition of Stem Audio, Shure will be able to further expand and diversify its solution offering for organizations of all sizes, while Stem Audio will benefit from the global infrastructure and support capabilities that Shure provides.

“We’re thrilled to be joining a company with an unrivaled pedigree and history in manufacturing audio products. Shure’s scale and global reach will help make Stem Audio products more available to customers, providing improved value, quality and support,” said Jacob Marash, CEO and Founder, Stem Audio.

Shure and Stem Audio will continue to operate separately as integration plans for sales and support are finalized and customers will continue to buy and receive support for Stem Audio products from Stem Audio’s current channels, including StemAudio.com in the US market. This acquisition also includes Midas’ Phoenix Audio Technologies brand.