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Skullcandy Inc. is an American company based in Park City, Utah, that markets technology such as headphones, earphones, Bluetooth speakers and other products. [ 3 ] It was acquired by Mill Road Capital for $196.9 million and the deal was finalized on October 3, 2016, making Skullcandy a wholly owned private subsidiary of that company.
In early 2011, the publicly traded Utah-based company, Skullcandy, purchased Astro Gaming for $10.8 million, acquiring all assets. [6] In 2016, Mill Road Capital purchased all outstanding stock of Skullcandy and its subsidiary, Astro Gaming. [7] In 2017, Logitech acquired Astro Gaming from Mill Road for $85 million dollars. [8]
Shares of Skullcandy opened nearly 7% higher this morning after a Bloomberg article quoted analysts and fund managers who see the battered maker of in-ear headphones as a takeover candidate. There ...
On March 20, 2011, Deutsche Telekom AG accepted a US$39 billion stock and cash purchase offer from AT&T Inc. for T-Mobile USA, Inc. According to an industry analyst, after the introduction of the iPhone in 2007, T-Mobile USA began to lose lucrative contract customers, dropping to 78.3 percent of subscribers in 2010, compared to 85% in 2006.
Skullcandy is targeting adjusted earnings to grow 10% to 20% to between $1.10 a share and $1.20 a share. Net sales should grow by 18% to 27%. Analysts are roughly parked in the middle of the ranges.
Born. July 4, 1974 (age 59) Nationality. American. Education. Bachelor's Degree. Alma mater. University of Colorado Boulder. Richard P. "Rick" Alden(born July 4, 1964 in Baltimore, Maryland) is an American entrepreneur and the founder and former CEO of Skullcandy, Inc., Device Step-In Snowboard Bindings, Stance Socks, and co-founder of Plus550 LLC.
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1747 Olentangy River Rd, Columbus, OH · Directions · (614) 299-9425