In 2005 Altec Lansing Technologies was acquired by Plantronics, 2009 bought by Prophet Equity, and has been owned since 2012 by the Infinity Group, a company which acquires struggling companies. Since then, there has been a string of owners, purchased in 1986 by Sparkomatic, with the Pro equipment still made by Mark IV Audio, Mark IV sold out to Telex, who closed down the Pro division and folded its products into Electro-Voice. In 1984, Gulton Industries purchased the brand out of Chapter 11 bankruptcy. It was reorganized under Chapter 11 as Altec Corporation and continued for 10 years. By 1974, the company was saddled with debt.
LTV spun off Altec which it loaded down with debt first. In 1958 the Altec Lansing Corporation was purchased by James Ling who made it part of LTV Ling Altec. In 1941, the Altec Services Company purchased the nearly bankrupt Lansing Manufacturing Company and melded the two names, forming the Altec Lansing Corporation, and with the manufacturing capabilities of the former Lansing Manufacturing Company, they quickly expanded into manufacturing horn loudspeakers. Originally, Altec Services Company serviced the theater sound systems the company founders had helped develop. Įngineers at Western Electric, who later formed Altec Services Company, developed the technology for motion picture sound that was introduced in 1927, with the release of The Jazz Singer. Their primary products are loudspeakers and associated audio electronics for professional, home, automotive and multimedia applications. is an American audio electronics company founded in 1927. Consumer loudspeakers, headphones, in-ear monitorsĪltec Lansing, Inc.
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