inMusic Brands Set to Acquire Renowned Audio Manufacturer Rane Corporation
Highly regarded maker of innovative audio products and solutions for the professional audio and DJ markets, Rane Corporation is to join inMusic’s lineup of companies. According to the announcement released by Jack O’Donnell’s group of companies, Rane co-founders Linda Arink and Dennis Bohn have agreed to sell Rane Corporation to inMusic LLC. inMusic Brands announced that the transaction is set to be completed this summer. After the sale, Ms. Arink and Mr. Bohn plan to step down and retire.