TSL has revealed plans to acquired monitoring specialist Celtic Audio.
TSL MD David Phillips stated: "For many years Celtic Audio has worked closely with our Professional Products Group to assist with the design and manufacture of our range of audio monitoring products. The full acquisition of Celtic Audio now consolidates all of the engineering and design expertise under one company, Television Systems Limited."
The company has also stated that Celtic Audio director David Lyon will take the position of design consultant to TSL, while fellow Celtic director John Watkinson will pursue other endeavours and MD David Lambert will likely retire once the acquisition handover is complete.
"We have very much enjoyed working with TSL on a variety of audio technology projects; our award winning designs have contributed to their achievements as they expand their professional audio technology range,” Lambert stated. “We are pleased that Celtic has now been formally absorbed into TSL and we wish the company the best as it continues to market high quality, innovative audio monitoring products to the broadcast market."
TSL two business arms are divided into an international, independent broadcast Systems Integrator and a Professional Products Group.
The acquisition is effective immediately. Terms were not disclosed.