Now, five months after the establishment of this new business unit (and just eight months after Bosch acquired Telex), Bosch continues its steady progression towards pole position in the pro audio market.
Immediately following their acquisition of Telex, Bosch began major investments in the manufacturing, sales and marketing of the former Telex brands, demonstrating a long-term commitment to their growth and profitability.
In particular, the improvement and expansion of the Dynacord factory in Straubing, Germany and the Electro-Voice factory in Morrilton, Arkansas literally adds concrete to the common goals that brought the two companies together — high quality, brand stability and long-term growth.
The former Telex brands continue to develop their individual portfolios under their new ownership—while fully maintaining their existing distribution structure—as the industry witnessed at key trade shows such as NSCA, Musikmesse and NAB.
Though the integration of the former Telex into the Bosch group has been a great success, former Telex Pro Audio Group President Mathias von Heydekampf will leave the company at the end of April 2007. Bosch regrets von Heydekampf’s personal decision but thanks him for his contribution to the companies” success in connection with the Telex acquisition and post merger integration phase.
Bosch Communications Systems - a business unit of Bosch Security Systems - is one of the world’s leading manufacturers and suppliers of professional audio, wireless, life safety and communication equipment. Bosch Communications Systems offers complete system solutions for the world’s most critical, high-profile installations and events.
The Bosch Group is a leading global manufacturer of automotive and industrial technology, consumer goods, and building technology. In fiscal 2006, some 260,000 associates generated sales of 43.7 billion euros. Set up in Stuttgart in 1886 by Robert Bosch (1861-1942) as “Workshop for Precision Mechanics and Electrical Engineering,” the Bosch Group today comprises a manufacturing, sales, and after-sales service network of some 300 subsidiaries and more than 13,000 Bosch service centers in over 140 countries.
The special ownership structure of the Bosch Group guarantees its financial independence and entrepreneurial freedom. It makes it possible for the company to undertake significant up-front investments in the safeguarding of its future, as well as to do justice to its social responsibility in a manner reflective of the spirit and will of its founder. A total of 92 % of the share capital of Robert Bosch GmbH is held by the charitable foundation Robert Bosch Stiftung. The entrepreneurial ownership functions are carried out by Robert Bosch Industrietreuhand KG. www.bosch.com