Goodbye, Escient and Snell
Parent company D&M Holdings is dropping the media server and loudspeaker companies to focus on Denon, Marantz, Boston Acoustics and McIntosh
Escient and Snell Acoustics are going away, as parent company D&M Holdings “will be focusing on our core consumer brands – Denon, Marantz, McIntosh and Boston Acoustics,” according to a company statement.
Escient, a pioneer in media management and digital media servers – and a significant leader in the early days – has seen market share slide as newcomers flood the market.
Most recently, Escient abandoned its Vision movie server.
“There is no recall. … We’re just transitioning to a new line,” Bob Weissburg, president of D&M Holdings NA, told CE Pro at the time.
Today, the brand will be transitioned into the ether.
According to the statement:
During this transition, Escient will deliver necessary software upgrades for its existing products and will continue to support its dealers and customers by honoring warranty repairs and maintaining customer service.
In addition, D&M is dropping Snell Acoustics, which seemed to be getting a boost from its parent company a couple of years ago.
D&M says, “The changing landscape of the speaker industry has made it extremely difficult for Snell to remain a viable business. The advanced loudspeaker technologies developed at Snell, however, will be leveraged by other D&M brands.”
In its statement, D&M says the company is “well positioned for further growth in fiscal year 2010” and that “2010 will also see our company continue to invest in R&D, as we integrate new technologies in areas like streaming, networking, ease of use, and integration.”
CE Pro will provide additional details later today.
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Julie Jacobson is founding editor of CE Pro, the leading media brand for the home-technology channel. She has covered the smart-home industry since 1994, long before there was much of an Internet, let alone an Internet of things. Currently she studies, speaks, writes and rabble-rouses in the areas of home automation, security, networked A/V, wellness-related technology, biophilic design, and the business of home technology. Julie majored in Economics at the University of Michigan, spent a year abroad at Cambridge University, and earned an MBA from the University of Texas at Austin. She is a recipient of the annual CTA TechHome Leadership Award, and a CEDIA Fellows honoree. A washed-up Ultimate Frisbee player, Julie currently resides in San Antonio, Texas and sometimes St. Paul, Minn. Follow on Twitter: @juliejacobson Email Julie at email@example.com
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