Soundking Group of China Buys Cadac
NINGBO, China — Soundking Group Co. Ltd. announced that it had acquired the assets, trademark and intellectual property of Cadac Electronics plc, effective immediately. Bob Thomas has been appointed as general manager of the new operating company, Cadac Holdings Ltd. Soundking said all 25 current Cadac employees were being retained, with R&D and production continuing in the U.K.
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