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Polk Audio was founded by Matthew Polk, George Klopfer and Sandy Gross in 1972. The three first met one another while attending classes at Johns Hopkins University in Baltimore . After graduating in 1971, the team collaborated on producing a sound system for a local bluegrass music convention.
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In 2004, the firm bought speaker company Definitive Technology; [3] in 2006, it bought Polk Audio. [4] In 2008, the companies adapted a holding company strategy, and their parent became DEI Holdings, Inc. [5] In 2011, the company was bought by private equity firm Charlesbank Capital Partners. [6]
In April 2013, the company combined Polk, Definitive Technology and the Boom Movement brands into a new division called Sound United. [7] In April 2015, the company released its W7 speaker with support for the Play-Fi wireless protocol for multi-room audio, produced by audio company DTS, Inc., now owned by holding company Xperi. [1]
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D+M Group, formerly known as DMGlobal and D&M Holdings, is a Japanese corporation that owned several audio and video brands. It was formed in 2002 from the merger of Denon and Marantz. [1] [2] It had acquired several other companies since that time. Prior to 2008, it was owned by RHJ International, which is associated with Ripplewood Holdings.
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