Dynastrom ApS has been acquired by Roku

Dynastrom ApS, which has created a state-of-the-art wireless audio technology for advanced and robust multi-room audio solutions, has been sold to Roku, Inc. Financial details have not been disclosed.

Dynastrom has created a leading technology, which gives it a substantial competitive advantage over the global technology peers already in the market. Its multi-room audio solutions enable stellar performance, facilitating wireless speakers to stream audio from single to multi-channel stereo speakers independently or across hardware/software platforms. During 2017, the company expanded its portfolio to also focus on TV/streaming boxes offering multi-channel audio for video solutions. Dynastrom is based in Aarhus, Denmark, and is heavily involved with the leading TV manufacturers and HiFi manufacturers of streaming boxes alongside home-integration specialists worldwide.

Roku is a NASDAQ-listed company headquartered in California, USA. Roku manufactures a variety of digital media players that allow customers to access internet-streamed video and sound, predominately for home use. The company employs approximately 700 people with revenues of around US$400 million.

Oaklins' team in Denmark was mandated by the shareholders of Dynastrom to act as the exclusive financial advisor on the sale of the company.