Seattle, WA (January 9, 2019)—Audio DSP hardware and software company Symetrix has been sold by current owner, Julia Ogden, to Mark and Rachelle Graham.
Most recently the CEO of Loud Technologies for eight years, Mark Graham has spent more than 30 years in the audio industry, and was also previously the president of Harman’s Crown Audio. Rachelle Graham has been a marketing manager for several large organizations, including Agilent Technologies, the University of Kansas and BioServe Space Technologies, one of NASA's Commercial Space Centers.
"This is an exciting opportunity for us," said Graham. "We have admired Symetrix, both the company and the people, for a long time. I'm really looking forward to building on the successful foundation built over the past four decades and maintaining the rock-solid reputation of the company."
Symetrix will remain at the same location, and all employees will be retained. Ogden will continue to work for the company throughout a transition period and will also serve on the company's board of directors going forward.
Ogden noted, "I knew I could never sell this business unless it was to the right people. It had to be someone who cared about the business and all the exceptional people who work here, and our business partners around the globe. I was looking for continuity and an alliance with the same high standards and core values that sets Symetrix apart from the crowd. I believe the Grahams are the perfect fit.
Symetrix is slated to launch several new products in coming months. "The launch of our new products will move ahead seamlessly. We've put a lot of thought into how to make the transition as smooth as possible so that none of our deadlines slip,” Ogden added.
Symetrix • www.symetrix.co