Indianapolis, IN. Klipsch Inc., renowned for more than half a century as a leading manufacturer of speakers and cabinets for high-end home audio, is steering a new course towards the car audio market. Klipsch has announced an agreement in principle to purchase car sound manufacturer Pyle Industries from Pyle’s parent company Harman International.
“The addition of Pyle to Klipsch will add strength to our manufacturing capabilities and allow us to enter the automotive and OEM businesses,” says Fred Klipsch, Chairman and CEO.
Pyle is based in nearby Huntington, IN. They are known for the Pyle Driver car speaker line. Initial plans call for Pyle’s manufacturing operation to remain independent, with sales and marketing moving to Klipsch headquarters in Indianapolis. The acquisition is expected to be complete sometime in September.
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