Sound United Being Bought by Healthcare Company Masimo
Viper Holdings, parent company of Sound United, owner of Bowers & Wilkins, Denon, Marantz, Polk Audio and other legacy audio brands, agreed to be acquired by connected-health company Masimo, said the companies Tuesday. The combined company “will leverage Sound United’s expertise across consumer channels” to speed distribution of Masimo’s “expanding portfolio of consumer products,” they said. Masimo markets oximeters, thermometers and other products derived from its business as a supplier to hospitals, says its website. The transaction is expected to close around midyear. Financial terms weren’t disclosed.