Pioneer and Onkyo unite to bring their home audio into the internet era


Home audio isn't what it used to be -- for many people, it means internet-savvy speakers everywhere instead of a conventional stereo in the den. Pioneer and Onkyo are clearly aware that they need to adapt, as they've just started the process of combining their home theater units with a mind toward modernization. The two will "cope" with the shift in music playback trends through the strengths of their brand names and "superior technologies;" a private equity firm is also taking a controlling stake in Pioneer's home electronics division, so there will be cash available to expand the business. It's still early going, so just what this alliance will do to embrace internet audio isn't clear. However, it's safe to say that they'll be doing more than rolling out the occasional wireless adapter or smartphone dock.


[Image credit: Christian y Sergio Velasco, Flickr]


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Source: Pioneer (PDF)






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