Marantz

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Marantz
Company typeSubsidiary
IndustryElectronics
Founded1953; 71 years ago (1953), in Kew Gardens, New York
FounderSaul Marantz
HeadquartersCarlsbad, California, US
ProductsAudio, visual
ParentMasimo
Websitewww.marantz.com

Marantz is a company that develops and sells high-end audio products.[1] The company was founded in New York, but is now based in California.

The first Marantz audio product was designed and built by Saul Marantz in his home in Kew Gardens, New York.[2] The company had a major influence in the development of high fidelity audio systems, and reached the high point of their success in the mid to late 1970s.

During the 1980s, while owned by Philips,[3][4] a pioneer in compact disc technology, Marantz sold some very well received CD players, but other products in the line were not as successful as in the past. Beginning in the early 1990s, Marantz focused on higher-end components. In 2001, Marantz Japan acquired the brand from Philips and owned all overseas sales subsidiaries.

In 2002 Marantz merged with competitor Denon into D&M Holdings Inc., later named D+M Group. On March 1, 2017, Sound United LLC completed the acquisition of D+M Holdings.[5]

History

  • 1952 Saul Marantz sells his first audio product, the "Consolette" pre-amp
  • 1964 Marantz acquired by Superscope Inc.
  • 1966 Beginning with the Model 25, and then 22 and 28, Marantz starts manufacturing its products in Japan through a partnership with Standard Radio Corp.
  • 1974 A manufacturing plant is opened on the Péronnes-lez-Binche site, Walloon Region, Belgium
    Marantz Europe (1974~1985)
  • 1975 Standard Radio Corp. changes its name to Marantz Japan Inc.
  • 1980 Superscope sells the Marantz brand, dealer network, and all overseas assets (except U.S. and Canada) to Philips Electronics
  • 1983 Marantz's audio enhancement technology (Marantz Enhanced Digital Stereo) is introduced
  • 1992 Philips acquires U.S. and Canada trademarks and dealer network
  • 1997 Saul Marantz dies aged 85
  • 2001 Marantz Japan Inc. acquires the brand and all overseas sales subsidiaries
  • 2002 Marantz Japan and Denon merge to form D&M Holdings, to later be joined by other higher-end audio equipment brands such as Boston Acoustics
  • 2008 Philips sells its remaining stake in D&M Holdings, ending a 28-year relationship between Philips and Marantz
  • 2014 Marantz Professional acquired by inMusic Brands
  • 2017 Sound United LLC acquires D+M Group
  • 2019 Ken Ishiwata dies aged 72
  • 2022 Masimo acquires Sound United LLC[6]

Products

Selected products:

Marantz 150 tuner with oscilloscope (1975–1978)
Marantz 2270 receiver

References

  1. ^ Audio Illusions: Marantz
  2. ^ "Legendary Audio Classics: Marantz Classics FAQ". www.classic-audio.com. Retrieved 24 May 2023.
  3. ^ Iverson, John. Three's Company in Stereophile, 16 March 2003.
  4. ^ Iverson, John. Philips and Marantz Japan Re-Shuffle Brand Ownership in Stereophile, 4 March 2001.
  5. ^ Nikkei Asia Review 2018-09-23, Pioneer's woes echo those of earlier Japanese audio legends - What became of Sansui, Nakamichi, and Akai?, retrieved 2020-04-24.
  6. ^ Whooley, Sean (12 April 2022). "Masimo completes acquisition of Sound United". MassDevice. Retrieved 24 May 2023.

External links