Dynastrom ApS has been acquired by Roku
September 2017 — Dynastrom ApS, which has created a state-of-the-art wireless audio technology for advanced and robust multi-room audio solutions, has been sold to Roku, Inc. Financial details have not been disclosed.
Dynastrom has created a leading technology, which gives it a substantial competitive advantage over the global technology peers already in the market. Its multi-room audio solutions enable stellar performance, facilitating wireless speakers to stream audio from single to multi-channel stereo speakers independently or across hardware/software platforms. During 2017, the company expanded its portfolio to also focus on TV/streaming boxes offering multi-channel audio for video solutions. Dynastrom is based in Aarhus, Denmark, and is heavily involved with the leading TV manufacturers and HiFi manufacturers of streaming boxes alongside home-integration specialists worldwide.
Roku is a NASDAQ-listed company headquartered in California, USA. Roku manufactures a variety of digital media players that allow customers to access internet-streamed video and sound, predominately for home use. The company employs approximately 700 people with revenues of around US$400 million.
Our role in the transaction
Oaklins' team in Denmark was mandated by the shareholders of Dynastrom to act as the exclusive financial advisor on the sale of the company.
Brian Møller
CEO and Majority Shareholder, Dynastrom ApS
Talk to the deal team
Related deals
OEP Danzig BidCo has completed a mandatory tender offer for the shares of Digital Value
OEP Danzig BidCo S.p.A. has completed a mandatory tender offer for the shares of Digital Value S.p.A.
Learn more360 Experience Group has merged with GoodFellows
360 Experience Group, a European end-to-end service provider of live experiences, and GoodFellows have merged to create one of the largest live experiences players in Europe. By pooling their strengths under the 360 Experience Group banner, the merged group will span the full breadth of the live industry and bring together 16 specialized companies, including Live Legends, Unlimited Productions, Unbranded, TIG Sports and Events and Kumpany. The group will provide end-to-end solutions for the realization of large-scale live entertainment, international sports and public events and impactful brand activations. The combined business will generate over US$90 million in revenue and employ more than 230 people.
Learn moreSRT Marine has completed a placing and subscription
SRT Marine Systems plc has announced an equity raise of at least US$22 million at US$1.10 per share representing a 5.75% discount, through a US$19.4 million accelerated bookbuild placing and a US$2 million subscription by Ocean Infinity, alongside a separate retail offer of up to US$1.3 million.
Learn more