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Wisa Tech - WISA STOCK NEWS

Welcome to our dedicated page for Wisa Tech news (Ticker: WISA), a resource for investors and traders seeking the latest updates and insights on Wisa Tech stock.

Overview

Wisa Tech (WISA) is a fabless semiconductor company renowned for its pioneering wireless audio integrated circuits. By leveraging its award-winning summit wireless technology, the company delivers integrated circuit solutions that enable high-definition, distortion-free audio distribution for home entertainment and professional audio systems. Key industry terms such as wireless audio technology, integrated circuits, and digital home entertainment underscore its strategic focus and domain expertise.

Core Business and Technology

At its core, Wisa Tech is dedicated to the design and development of wireless audio integrated circuits that allow audio systems to transmit and receive multi-channel, high-definition sound seamlessly. The company’s technology is engineered for integration into a variety of audio decode sources including digital televisions, sound bars, PA systems, AV receivers, Blu-ray players, set-top boxes, and gaming systems. By doing so, Wisa Tech ensures that consumer electronic manufacturers and professional audio integrators can achieve an optimal balance between performance and efficiency without the constraints of traditional wired connections.

Business Model and Revenue Generation

Wisa Tech operates on a fabless semiconductor model, which means it focuses on research, design, and development of its proprietary technologies while outsourcing manufacturing to specialized foundries. This model allows the company to concentrate on innovation, reduce capital expenditure, and maintain agility in product development. Its revenue is generated through strategic licensing and supply agreements with leading consumer electronics and pro-audio companies, which value its ability to provide reliable, high-performance wireless audio solutions.

Market Position and Global Reach

Having established a strong foundation in the wireless audio market, Wisa Tech enjoys a reputable position as a key enabler of cutting-edge audio solutions. Headquartered in Beaverton, Oregon, Wisa Tech has expanded its operational footprint globally with regional offices in technology hubs such as San Jose, California, as well as key Asian markets including Taiwan, Korea, and Japan. This geographical diversity not only supports its R&D initiatives but also ensures tailored market penetration strategies and customer support across different regions.

Technological Innovations and Industry Interconnections

Wisa Tech’s innovative approach is underscored by its development of integrated wireless transmit and receive technologies that facilitate the seamless distribution of high-definition audio. This technology is central to the integration of interoperability standards, such as those developed under the Wireless Speaker and Audio Association (WiSA), which the company helped co-found. With these standards in place, Wisa Tech’s solutions are capable of ensuring compatibility and high performance across different types of audio devices, thus reinforcing its credibility among electronic manufacturers and audio system integrators.

Operational Excellence and Competitive Landscape

The company’s operational strategy is characterized by continuous innovation and a commitment to technical excellence. By focusing on areas such as advanced signal processing, low-latency wireless transmission, and robust digital-to-analog integration, Wisa Tech differentiates itself from competitors. It faces challenges typical to the semiconductor industry, including rapid technological changes and the need for ongoing investment in R&D, yet it consistently reinforces its market position through strategic partnerships and an emphasis on industry standards.

Applications and End-User Benefits

Wisa Tech’s products are integral to a range of applications in both home entertainment and professional settings. In homes, its technology translates into immersive, high-definition audio experiences across a variety of consumer electronics. In professional audio, the company’s integrated circuits support systems used in public address setups, concert venues, and large-scale event productions. Manufacturers rely on its proven technology to deliver clarity and fidelity in audio reproduction without the complexity of traditional wired systems.

Industry Expertise and Trustworthiness

With a deep commitment to innovation, Wisa Tech exemplifies the principles of Expertise, Experience, Authoritativeness, and Trustworthiness (E-E-A-T) within the semiconductor sector. Its extensive research background and dedication to quality have cemented its reputation as a trusted partner in the development of wireless audio solutions. The company’s emphasis on reliability and performance is supported by rigorous testing protocols and adherence to international standards, ensuring that its products fulfill the technical demands of both consumer and professional markets.

Conclusion

Wisa Tech (WISA) offers an in-depth and nuanced perspective on the evolution of wireless audio technology. Its commitment to providing integrated circuit solutions that balance performance, compatibility, and ease of integration has made it an essential player in both home entertainment and pro-audio sectors. By combining innovative design, global operational reach, and adherence to industry standards, Wisa Tech continues to set benchmarks in the realm of wireless audio integration, making its technology an enduring asset for manufacturers and end-users alike.

Rhea-AI Summary

WiSA Association, a subsidiary of WiSA Technologies (NASDAQ: WISA), announces significant product launches for CES 2025, including three reference designs, three mobile applications, and the SoundSend E transmitter. The company plans to change its name to Datavault Inc. and ticker to ADIO in January 2025.

The new WiSA E-based reference designs include the 'Player1' wireless audio transmitter platform, 'Dragon' powered receiver platform, and 'Pegasus' passive receiver platform. These designs enable quick development of branded wireless audio products.

The company is launching three mobile apps: WiSA Certification App for product development, WiSA Express App for TV connectivity, and WiSA Connect App for system management. The new SoundSend E transmitter features HDMI ARC/eARC, optical and Bluetooth inputs, upgraded DSP, and automatic speaker detection.

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The WiSA Association has announced a correction to their CES 2025 innovation showcase press release. The updated announcement highlights three major developments: WiSA E-based Reference Designs, new mobile applications, and the SoundSend E technology. These innovations are set to be featured at the Consumer Electronics Show (CES) 2025 in Beaverton, Oregon.

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WiSA Technologies announces the integration of its WiSA E wireless multichannel audio software into Sagemcom's Video Soundbox (VSB) set-top box, which has been shipping globally since December 2024. The VSB combines a high-quality soundbar with a set-top box, offering consumers an all-in-one solution for digital TV and streaming services.

The WiSA E software enables Dolby Atmos audio to be transported wirelessly to external speakers, including rear and upfiring speakers. This integration eliminates the need for separate transmit hardware modules, reducing BOM costs for manufacturers while providing consumers with a simplified setup for immersive audio experiences.

Sagemcom, achieving over €3 billion in turnover and being a world leader in its markets, has incorporated this technology to deliver enhanced audio capabilities alongside their advanced video and smart features in the VSB set-top box.

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WiSA Technologies (NASDAQ: WISA) announced a conference call scheduled for December 30th at 8 am PT / 11 am ET to discuss their previously announced definitive agreement to acquire CompuSystems, Inc. (CSI), a leading provider of registration, data analytics, and lead management services for live events. The call will feature key executives including Nate Bradley (Data Vault Holdings CEO), Mark LoGiurato (CSI CEO), Brett Moyer (WiSA Technologies CEO), and Michael Fazio (CSI Controlling Investor). The company also anticipates closing its acquisition of Datavault® intellectual property and IT assets, with plans to rebrand as Datavault Inc. around December 31, 2024.

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WiSA Technologies (NASDAQ: WISA) has announced a definitive agreement to acquire CompuSystems, Inc. (CSI), a provider of registration, data analytics, and lead management services for live events. CSI is expected to contribute $13-15 million in revenue and $3-4 million in EBITDA in 2025.

The acquisition aligns with WiSA's anticipated acquisition of Datavault's assets and planned name change to Datavault Inc. by December 31, 2024. The integration will combine CSI's event management expertise with Datavault's ADIO platform, enabling experiential audio tours and Web 3.0 data monetization. The transaction is expected to close around January 31, 2025, with financial terms undisclosed.

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WiSA Technologies (NASDAQ: WISA) has received 94% stockholder approval to acquire Data Vault Holdings' assets for 40 million shares of common stock plus a $10 million 3-year Note. The transaction, valued between $266M and $501M in a fairness opinion, is expected to close around December 31, 2024.

Following the closure, WiSA will be renamed to Datavault Inc. and transform into a data technology and licensing company focusing on two main solutions: Data Sciences for Web 3.0 data management and Acoustic Sciences for spatial HD sound transmission. The company will leverage Datavault's platform for managing and monetizing data in the Web 3.0 environment, offering blockchain data solutions and AI integration.

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WiSA Technologies (NASDAQ: WISA) has received overwhelming stockholder approval to acquire Data Vault Holdings' assets, with 94% of stockholders voting in favor. The transaction involves issuing 40 million shares of restricted common stock plus a $10 million 3-year Note. A fairness opinion valued Data Vault's assets between $266M and $501M.

Upon closing, expected around December 31, 2024, WiSA Technologies will be renamed to Datavault Inc. The company will transform into a data technology and licensing company focusing on two main solutions: Data Sciences for Web 3.0 data management and Acoustic Sciences for spatial HD sound transmission. The deal includes a 3% royalty on future revenues from Datavault and ADIO product lines.

The Datavault Platform enables data monetization in the Web 3.0 environment, offering solutions for managing name, image, and likeness (NIL) licensing through blockchain technology, while ensuring privacy and credential protection.

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Data Vault Holdings has partnered with CompuSystems (CSI) to integrate its ADIO technology into CSI's M3 Expo Wallet app. The partnership will expand ADIO's reach to over 125 trade shows in 2025, accessing more than 1.4 million registrants. The integration combines ADIO's proximity-based engagement with CSI's prospect-matching algorithms, enabling exhibitors to deliver targeted content through inaudible tones in real-time to opt-in attendees.

The enhanced M3 Expo Wallet will be rolled out across all CSI-serviced events starting January 2025. This development comes as Data Vault Holdings is under a definitive asset purchase agreement to sell its Datavault and ADIO IP and IT assets to WiSA Technologies (NASDAQ: WISA), with the closing expected before December 31, 2024.

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WiSA Technologies (NASDAQ: WISA) has mailed its Definitive Proxy Statement for the 2024 Annual Meeting of Stockholders, scheduled for December 20, 2024. The key focus is the planned $210 million acquisition of Data Vault Holdings' assets, including AI, blockchain, and Data Web 3.0 IP assets.

The purchase price comprises 40 million WiSA common shares at $5 per share, a $10 million 3-year Note, and a 3% royalty on applicable product revenues. The board unanimously recommends stockholders vote in favor of the Asset Purchase, which includes High-Performance Computing software and acoustic technologies IP. Stockholders of record as of November 6, 2024, can vote online, by phone, or mail.

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WiSA Technologies (NASDAQ: WISA) has filed a Preliminary Proxy Statement for its Annual Meeting regarding its planned $210 million acquisition of Data Vault Holdings' assets. The purchase price includes 40 million shares at $5 per share, a $10 million 3-year Note, and a 3% royalty on applicable product revenues. The acquisition encompasses AI, blockchain, and Data Web 3.0 IP assets, including High-Performance Computing software and acoustic technologies IP. Data Vault's recent achievements include receiving three new patents, launching DVHolo hologram product suite, partnering with CLEAR for KYC solutions, and launching VerifyU with Arizona State University.

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FAQ

What is the current stock price of Wisa Tech (WISA)?

The current stock price of Wisa Tech (WISA) is $1.21 as of February 14, 2025.

What is the market cap of Wisa Tech (WISA)?

The market cap of Wisa Tech (WISA) is approximately 63.0M.

What is the core business of Wisa Tech?

Wisa Tech specializes in designing and developing wireless audio integrated circuits. These circuits enable high-definition audio transmission for home entertainment and professional audio applications.

How does Wisa Tech generate revenue?

The company operates on a fabless semiconductor model, focusing on innovation and licensing its wireless audio technology to consumer electronics and pro-audio manufacturers. It builds revenue through strategic supply and licensing agreements.

What markets does Wisa Tech serve?

Wisa Tech serves both the home entertainment and professional audio markets. Its solutions are integrated into devices such as digital televisions, sound bars, AV receivers, and professional PA systems.

How does Wisa Tech ensure high-quality audio performance?

By employing advanced signal processing and robust digital-to-analog conversion, Wisa Tech provides integrated solutions that deliver high-definition, distortion-free audio. Its technology is also designed to meet strict interoperability standards.

In what ways is Wisa Tech connected to industry standards?

Wisa Tech is a co-founder of the Wireless Speaker and Audio Association (WiSA) standard, which promotes interoperability in wireless audio systems. This involvement underlines its commitment to industry harmonization and technical excellence.

Where is Wisa Tech headquartered and what is its global presence?

Headquartered in Beaverton, Oregon, Wisa Tech has a significant global presence with key operational offices in prominent technology regions such as San Jose, Taiwan, Korea, and Japan, aiding both its R&D and market expansion strategies.

How does the fabless model benefit Wisa Tech?

The fabless semiconductor model allows Wisa Tech to focus on innovation and design without the overhead of manufacturing. This model enables the company to maintain agility and invest in cutting-edge R&D while partnering with dedicated foundries for production.

What distinguishes Wisa Tech from its competitors?

Wisa Tech distinguishes itself through its award-winning wireless audio technology, a deep commitment to innovation, and adherence to strict international standards for audio quality and interoperability. Its strategic global presence further reinforces its competitive advantage.
Wisa Tech

Nasdaq:WISA

WISA Rankings

WISA Stock Data

62.96M
39.58M
31.57%
2.13%
2.63%
Software - Infrastructure
Semiconductors & Related Devices
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United States
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