Mackie Designs Inc. (NASDAQ: MKIE) announced plans to assume all distribution activities for products developed by Sydec n.v. of Belgium under the Soundscape brand name. Sydec, a leading developer of advanced digital audio technology products, was acquired by Mackie earlier this year.
This move ends a previously announced distribution agreement between Mackie and Soundscape Digital Technologies Ltd., the UK based company that has been marketing and distributing Sydec products under the Soundscape brand name since 1993. Under this new arrangement, Mackie will assume responsibility for the distribution and marketing of Sydec-developed Soundscape products worldwide.
"By bringing the marketing and distribution of Sydec's Soundscape products under the Mackie umbrella, Soundscape dealers and end users will benefit from Mackie's commitment to customer support and product innovation. Even now, the Mackie and Sydec teams are working together on upgrades and updates for Soundscape products," stated Jamie Engen, president and CEO of Mackie Designs.