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Califone Acquires Headphones and Headsets from Telex
Posted on Monday, April 4, 2011
Califone Acquires Headphones and Headsets from Telex Califone, a subsidiary of School Specialty® (NASDAQ: SCHS), announced today that it has reached an agreement to acquire the Discovery™, Odyssey™, Explorer™, 610™ brand names of headphones, headsets and their replaceable cords from Telex®. The purchase, effective immediately, transitions the manufacturing, marketing and distribution of the product lines to fall under full Califone ownership and management. Long considered by school resellers and educators alike to be premium lines in classroom and libraries due to their exceptional quality and durability, they will be available in June as complements to the existing Califone line of headphones and headsets. Financial details of the transaction were not released.