Vitec to acquire Audix for $54m.

Vitec, a provider of premium branded hardware products and software solutions, to acquire Audix, a high-quality microphone brand, for $54m. “The brand will significantly increase our total addressable market, advance our audio technology capabilities and, most importantly, bring great people with intimate knowledge of the audio industry, who will be a real asset to the company and enable us to accelerate the delivery of Vitec’s audio strategy and delight the content creator community with easy to use, high fidelity audio capture solutions,” Marco Pezzana, Vitec Imaging Solutions, Divisional CEO.