Soundcast Systems, the Chula Vista-based developer and manufacturer of high-performance wireless music systems, has been purchased by CE Industry icon Jeremy Burkhardt.
Burkhardt was the former CEO of SpeakerCraft, a leader in performance architectural audio and electronic products, until his retirement in May 2012.
"I saw so much opportunity in Soundcast with its amazing products and people that I couldn't help but join forces just eight month after my retiring,” Burkhardt said. "Soundcast is an innovative, engineering driven company and one of the first to deliver high-performance working wireless technology and portable outdoor speakers. The unique opportunity lays in the fact that it's a company with proven cutting-edge wireless, DSP and amplifier technologies with multiple patents under its belt. They've lacked the capital resources to grow the business with more products, marketing and field training initiatives that are necessary for its dealers.”
Burkhardt's longtime business partner, Jeff Francisco, will be taking on the role of chief technology officer.
The company will maintain business with its current management, sales and operations teams from its headquarters in Chula Vista. They will also continue their work with Oscar Ciorneias head of business development.
"Since 2002, when Oscar and I began work with Apple, we proved that we could change the industry with world class products. I am happy to be connected once again," Burkhardt said.
Expansion plans will be announced in the near future for larger headquarters facilities and staffing.
Soundcast's president Mike Weaver states, "Jeremy brings a powerful combination of vision, experience and fervor to Soundcast. All that plus a combination of new products and more ways to use existing platforms to grow with our channel partners. I am excited to work alongside Jeremy, our leadership team and network of global partners to rapidly grow Soundcast to new heights."
The company plans to accelerate the development of new products that best fit the needs of the modern connected world, with many new models slated for 2013 and 2014.