ClearOne Sells Camera Product Line
In order to stay focused on its core competencies in audio conferencing, ClearOne sold the company’s document and educational camera product line to Ken-A-Vision Manufacturing of Kansas City, Missouri. Under the terms of the transaction, Ken-A-Vision received the intellectual property rights to ClearOne’s camera technologies, as well as ownership of current inventory. The sale price was $635,000.
It looks like a good deal for both companies. ClearOne gets some cash, and Ken-A-Vision, which has been in education technology for more than 50 years, gets a new product line.
More Stories Like This
ClearOne Debuts BMA 360DX Mic, Speaker, DSP and Amplifier in a 2 x 2 Ceiling Tile Configuration for UCC
ClearOne launched the BMA 360DX, an all-in-one ceiling tile package for UCC rooms; a beamforming microphone array, a DSP processor with Dante and a built-in multi-channel amplifier in a single ceiling tile. Integrated beamforming microphone processing within the BMA 360DX provides ultra-wideband, frequency-invariant with uniform-gain response across all frequency bands. FiBeam technology gives users full-fidelity […]
ClearOne Sales Decline from, $5.4 Million in Q2 2023 to $2.3 Million Q2 2024
ClearOne reported a 58% sequentially, and 39% year-over-year, decline in revenue citing a “significant decrease in revenues from the audio conferencing category, which includes our DSP mixer products.” But, it was made clear, in the announcement last week, that the company sees the decline from production problems, not a shift in the market or a […]
Since ClearOne Is a Public Company, Lack of MS Teams Rooms Certification Hurt It
ClearOne reported financial results for the three- and twelve-month periods ended Dec. 31, 2023. Q4 2023 (October – December) revenue was $4.2 million, compared to $4.0 million in Q4 2022 and $4.9 million in Q3 2023. The company says the decrease was driven by lower demand for microphone products (and lack of MS Teams Rooms […]