Sonos has announced that it will take over Mayht, a Netherlands-based company that demonstrated new audio transducer technology at CES this year.
Mayht’s Heartmotion technology replaces conventional drivers to create speakers that are 10 times more compact than current speakers. During his CES demo, Mayht said that the reduction in size for the audio drivers does not compromise sound quality, range or output.
“While consumer electronics have become more powerful and compact in recent years, core speaker technology has hardly evolved within the last 100 years,” says Mayht Chief Executive Mattias Scheek. “I truly believe that our Heartmotion speaker technology is the revolution that the industry dreamed of but never thought possible. They will eventually be able to create the sound experiences that people want from everyday consumer electronics and car audio systems.
Apparently, Sonos agrees with the CEO of Mayht, because shortly after the CES demo, Sonos went to work on an acquisition.
“Mayht’s breakthrough in transducer technology will enable Sonos to take another leap forward in our product portfolio,” said Patrick Spence, CEO of Sonos. “This strategic acquisition gives us more incredible people, technology and intellectual property that will further differentiate the Sonos experience, enhance our competitive advantage and accelerate our future roadmap.”
Sonos bought Mayht for $ 100 million in existing cash on hand. Further details on the strategic acquisition will be provided in Sonos’ Q2 earnings call, due in May.
“We are very excited and proud to be a part of Sonos,” adds Mattias Scheek. “Our dream has always been to set a new standard in the audio industry. The integration of our technology into Sonos products will further revolutionize high quality sound.
Sonos has recently sued Google, claiming that the tech giant owns proprietary tech steel to expand its own smart speaker platform. The U.S. International Trade Commission agrees that Google infringed on at least five audio technology patents held by Sonos. Since then, Google has been working on software updates that fundamentally change its smart speaker ecosystem. Users can no longer adjust the speaker volume as a group or use the volume rocker on a connected device.