The Online Investor
Manufacturing M&A image Manufacturing M&A » By The Online Investor Staff, updated Sun., Apr. 18, 4:19 AM Recent mergers and acquisitions in the Manufacturing M&A category.

Slide #25. ClearOne Sabine

Acquirer: ClearOne (NASDAQ:CLRO)
Acquiree: Sabine
Details: ClearOne, Inc. (NASDAQ: CLRO) today announced the acquisition of Sabine, Inc., solidifying the company's industry-leading portfolio of professional microphones. With the addition of Sabine, ClearOne will have reliable and exclusive access to the wireless microphones that are a critical component of ClearOne's complete microphone portfolio. Under the terms of the transaction, ClearOne will pay approximately $7.5 million in cash and $1.5 million in ClearOne shares. In addition, ClearOne will assume and pay off Sabine debt of $1.25 million and make earn-out payments over the next three years, based on achievement of certain performance criteria.

ClearOne designs, develops and sells conferencing, collaboration and network streaming solutions for voice and visual communications. Co.'s line of conferencing and collaboration products are targeted for large, medium and small businesses, as well as for personal use. Co.'s products can be categorized into the following: audio conferencing including installed DSP based professional audio conferencing, USB-based speakerphones and table-top audio conferencing; microphones consisting of patented beamforming microphones, ceiling microphones and wireless microphones; and video products including video collaboration and AV networking.

Open the CLRO Page at The Online Investor »

Company Name: 
ClearOne Inc
Stock buyback: 
CLRO buyback
Website: 
www.clearone.com
Sector: 
Manufacturing
Number of ETFs Holding CLRO: 
3
Total Market Value Held by ETFs: 
$906453
Total Market Capitalization: 
$53.00M
% of Market Cap. Held by ETFs: 
1.71%
 

Open the CLRO Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes



Strong Buy (4.00 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Manufacturing M&A - Slide 25 of 100 Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2021, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.