Audio equipment supplier Focusrite (LON: TUNE) has reassured the market that trading is in line with expectations and the share price has recovered from recent lows. Linea Research Holdings is the latest acquisition by Focusrite and it should be earnings enhancing this year.
UK-based Linea is a designer and manufacturer of professional audio equipment, including amplifiers and software products. Existing subsidiary Martin Audio is already a customer of Linea, and the technology is in the iKON amplifier range for live tours. Linea management is being retained and it will continue to sell to...
