Mukilteo, Wash. – Rane Corporation, longtime manufacturer of pro-audio and DJ products, announced today that company co-founders Linda Arink and Dennis Bohn have agreed to sell Rane Corporation to InMusic LLC.
The transaction is set to be completed this summer. After the sale, Ms. Arink and Mr. Bohn plan to step down and retire.
“Rane will continue some operations out of the Mukilteo, Wash., headquarters,” says Ms. Arink.
Ms. Arink believes that with the added resources, engineering talent, and additional IP, InMusic is an ideal buyer for Rane Corporation and will help it grow now and in the future.
Rane will join InMusic’s stable that includes 13 other technology brands. Based in Cumberland, R.I., InMusic brands include AIR, Akai Professional, Alesis, Alto Professional, Denon DJ, Denon Professional, ION Audio, Marantz Professional, MARQ Lighting, M-Audio, MixMeister, Numark and SONiVOX.
