Dynastrom ApS has been acquired by Roku
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.
Oaklins' team in Denmark was mandated by the shareholders of Dynastrom to act as the exclusive financial advisor on the sale of the company.
CEO and Majority Shareholder, Dynastrom ApS
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