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ClearOne gobbles up Sabine in $9M deal

March 6, 2014 | Telepresence Options

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Story and images by Anthony Clark / The Gainesville Sun

ClearOne has acquired Alachua-based audio equipment manufacturer Sabine in a $9 million cash and stock deal, the company announced Wednesday.

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Sabine has been supplying wireless microphone products sold under the ClearOne brand since late 2012.

ClearOne, based in Salt Lake City, provides video conferencing and professional audio products for businesses, as well as digital streaming equipment and digital sign products. The company trades on the Nasdaq stock exchange under the symbol CLRO and reported $49.6 million in revenue last year, a 7 percent increase over 2012.

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