TSL, the systems integrator and product manufacturer specialising in broadcast, has acquired Celtic Audio Ltd, the UK-based developer of high-end pro-audio technology for the accurate monitoring of sound.
TSL managing director David Phillips said, "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."
David Lyon, a director of Celtic Audio, will act as a design consultant to TSL; fellow Celtic Audio director and renowned author John Watkinson will concentrate on his many other activities; and managing director David Lambert will, according to TSL, "probably retire after 52 years in the industry once the acquisition handover is complete".
According to Lambert, "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. 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 operates two separate businesses: an international, independent broadcast Systems Integrator: and a Professional Products Group that designs, manufactures and sells audio monitoring, tally signalling and power management units. Last year, TSL was listed in the Sunday Times PricewaterhouseCoopers Profit Track 100, a table which recognises Britain's top 100 private companies with the fastest-growing profits over the last three years.
The acquisition is effective immediately, and terms were not disclosed.