Who bought ARC?

If it is true, one or two million for the purchase of ARC seems ridiculously cheap for such a well established & prestigous company. It is good that the new owners will retain alot of the old employees but the question arises as to why it was up for sale in the first place. As mentioned above, maybe because Audio Research failed to enter the Home Theater market?

Maybe it's as simple as the owner retiring and cashing in his chips. Lots of successful manufacturers have ignored home theater. JRDG has even ignored digital.

Why so cheap? Maybe so he could dictate terms and protect his employees.

The sale price was never confirmed - it is a rumor.