Corporate History
The company was founded by Peter J. Walker in 1936 in London, and was initially called S.P. Fidelity Sound Systems. In 1936 the name was changed to the Acoustical Manufacturing Co. Ltd. The company moved from London to Huntingdon in 1941 after being bombed out of London in World War II.
The company initially produced only public address equipment but after the war they began to produce equipment designed for use in the home as a result of the rising demand for high quality domestic sound reproduction. Within a few years the company had transitioned almost entirely to manufacturing models for the home audio market.
The name "QUAD" is an acronym for "Quality Unit Amplifier Domestic", used to describe the QUAD I amplifier. In 1983, when having become known for their QUAD range of products, the Acoustical Manufacturing Co. Ltd changed its name to QUAD Electroacoustics Ltd.
In 1995, QUAD Electroacoustics Ltd was bought by Verity Group plc, joining its existing brands of Wharfedale and Mission. A few changes were made, including shifting all production to Shenzhen China.
In September 1997 the company changed ownership again as Verity Group sold off businesses to finance its development of flat panel loudspeakers. With Wharfedale it became part of the International Audio Group under the management of Bernard and Michael Chang. Since Walker's death in 2003, the firm has had only its design ethos--"the closest approach to the original sound"--in common with the British hi-fi firm he founded in 1936.
Read more about this topic: Quad Electroacoustics
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