Roland acquires a 70-percent stake in headphone maker V-Moda
V-MODA, the award-winning maker of world-class high-fidelity headphones and audio devices, today announces a brand-new partnership with Roland to together develop the next breakthrough music products. The merger provides V-MODA the resources to accelerate product development, push the boundaries of audio innovation and reach a global audience.
Under the deal, V-Moda founder and CEO Val Kolton will retain 30-percent ownership of the company. The other details are staying confidential for the moment, though Kolton did have the following to say in a statement issued with the announcement “For more than a decade, we have vigorously crafted high-end personal audio products for modern audiophiles that reproduce music for a concert and club-like experience, this partnership is not strictly a business deal; it’s a strategic synergy that will bridge the high-quality sound, materials and design of our products with the legendary genre-changing sound expertise and commitment to excellence from Roland. Roland’s 808, 909, the contribution to the development of the MIDI protocol and countless products helped to lay the foundation and forge today’s music, and together we can carry on the tradition.”
Mr. Jun-ichi Miki, CEO of Roland, said, “We’re pleased V-MODA has joined the Roland family of brands. V-MODA revolutionized headphones and has pushed the envelope of personalization. Their Milano design, material research and professional DJ roots along with their loyal customers are incredible assets for Roland. It’s an exciting time for both companies, and we are eager for the talent at V-MODA and Roland to collaborate. This new team and the audience that the products are going to attract will definitely inspire the future of music.”