Parasound Under New Ownership
Bay Area-based Parasound, known for reasonably priced audio components, especially those designed by John Curl, is under new ownership. The new owner, David Sheriff, an entrepreneur who specializes in product growth and supply chain management, has pledged to maintain Parasound's reputation for excellence while shepherding the company to "take the next step." In a conversation with Stereophile, Sheriff, previous Parasound owner Richard Schram, and Jeanie Schram, Richard's life partner, discussed the reasons for the shift and Sheriff's plans for the company.
Source: stereophile.com