Key Developments: Clearone Inc (CLRO.OQ)

CLRO.OQ on NASDAQ Stock Exchange Capital Market

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22 Jul 2014
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Latest Key Developments (Source: Significant Developments)

All-New 512x512 Channel CONVERGE Matrix Sound Reinforcement And Distribution System unveiled by ClearOne Inc
Monday, 16 Jun 2014 09:30am EDT 

ClearOne Inc:Launches CONVERGE MatrixSound Reinforcement Distribution and Processing System enabled with Dante networking.Available in Q4, 2014, this new system leverages the utility of existing Ethernet networks for routing and distribution of networked audio, supporting up to 512x512 uncompressed channels for audio matrix mixing.This solution will be unveiled at the InfoComm 2014 Conference in Las Vegas, where ClearOne is exhibiting in Booth #N1827.  Full Article

ClearOne Inc finalizes Spontania acquisition
Tuesday, 1 Apr 2014 09:39am EDT 

ClearOne Inc:Finalized acquisition of Spontania cloud-based technology from Spain-based Dialcom Networks SL.This technology completes company's strategy to build an all-inclusive video collaboration portfolio.  Full Article

ClearOne Inc acquires Sabine, Inc
Wednesday, 5 Mar 2014 08:00am EST 

ClearOne Inc:Announced the acquisition of Sabine, Inc., a wireless microphone solutions supplier.Says it will pay about $7.5 million in cash and $1.5 million in ClearOne shares.Says it will assume and pay off Sabine debt of $1.25 million and make earn-out payments over the next three years.  Full Article

ClearOne Inc to acquire Spontania
Tuesday, 7 Jan 2014 09:30am EST 

ClearOne Inc:Says it has entered into an agreement to acquire Spontania from Spain-based Dialcom Networks, S.L. in an all-cash deal for 3.65 mln euros ($5.0 mln).Says Spontania is a software-based cloud collaboration solution which combines the benefits of video conferencing and web conferencing into an enterprise solution that can scale to tens of thousands of users.  Full Article

ClearOne Inc Authorizes Stock Buy-Back
Thursday, 21 Feb 2013 04:20pm EST 

ClearOne Inc announced that the Company's Board of Directors has approved an increase in the Company's stock repurchase program from $3.0 million to $10.0 million of its outstanding shares of common stock. Under the initial program implemented May 16, 2012, ClearOne was authorized to repurchase up to $2 million of its outstanding shares of common stock from time to time over a twelve-month period. On July 30, 2012, the Board of Directors increased the amount approved for repurchase from $2.0 million to $3.0 million. The Board approval on February 20, 2013 increases the amount the Company may repurchase from $3.0 million to $10.0 million in open market or privately negotiated transactions depending on prevailing market conditions and other factors. All purchases will be executed in accordance with applicable federal securities laws.  Full Article

ClearOne Communications Inc Announces Distribution Agreement with D&H Distributing
Thursday, 6 Dec 2012 08:01am EST 

ClearOne Communications Inc announced a distribution agreement with D&H Distributing. Under the terms of the agreement, D&H will distribute ClearOne's new line of software-based video conferencing solutions and its USB, analog and VoIP conference phones to authorized technology resellers and retailers in North America .  Full Article

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