Biamp, a supplier of professional audio and video solutions based in Beaverton, Ore., today announced the acquisition of Cambridge Sound Management (CSM) from Gladstone Investment Corp. Headquartered in Waltham, Massachusetts, CSM is a leader in the fast-growing sound masking market.
CSM provides direct and in-plenum sound masking solutions and is a frequently installed sound masking brand. With approximately 50-percent market share and more than 20,000 installations, CSM systems are being put to work at organizations of all sizes and types including over half of Fortune 100 companies that look to the company to manage sound effectively and create satisfying working conditions within dense open office environments and other settings. Its solutions have broad application across market segments including corporate, healthcare, financial services, education, government, technology and retail and its products have received numerous industry awards and recognitions, validating their quality and innovativeness. CSM sells through a network of skilled integrators that give it unmatched distribution and support reach. This model and many of the integrators themselves are identical to Biamp’s, which allows a straightforward and speedy combination and expansion of both entities’ distribution networks.
Biamp President, CEO and co-Chairman Rashid Skaf said, “The acquisition of Cambridge Sound Management unites two great brands in the professional audiovisual market. Together, we offer customers better access to industry leading solutions that manage sound and video to address a wide array of modern communications and collaboration challenges.”
Biamp currently offers a wide range of audiovisual solutions that facilitate communication and collaboration in conference rooms, lecture halls, auditoria, as well as paging and notification for open areas like offices, concourses, retail centers and casinos. CSM adds an important new sound masking offering for these open areas that integrates naturally with Biamp’s solutions technologically and operationally. Users buying from Biamp will now get both capabilities within a single integrated platform that provides more functionality with greater reliability, ease-of-use and cost effectiveness.
CSM will join Biamp as a product family within the company’s portfolio, with business functions gradually being blended to form a single Biamp business.