Jamo (company)
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| Founded | 1968  |
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Jamo is a Danish manufacturer of loudspeakers. The company was founded in 1968 by Preben Jacobsen and his brother-in-law, Julius Mortensen. The company name is derived from the founders' surnames. At one point, Jamo employed more than 400 workers at its factory in Glyngøre and grossed hundreds of millions of dollars; in 1994, it was Europe's largest speaker manufacturer.
In 1998, the company had produced and sold more than 11.5 million units. In 2002, businessman Anders Høiris was hired as director to reverse declining sales. His efforts proved unsuccessful; a major company backer, FSN Capital, then transferred its interest in the brand to Jyske Bank. Høiris then resigned. Company production has, since 2004, been located in China. Jamo was taken over in 2005 by an American firm, Klipsch Audio Technologies,[1] which Høiris had arranged for before his departure.
References
- ^ "JAMO Speakers at Audio Affair". audioaffair.co.uk. Retrieved 25 November 2018.