Jeremy Burkhardt needs to watch out if bad luck comes in threes…
First his altercation with Nortek drives him from Speakercraft. Now his acquisition of Soundcast has fallen through.
Although he sounded genuinely enthusiastic about the purchase, Burkhardt let a 90-day deal-or-no-deal deadline pass by without completing the deal.
Sources say Burkhardt had the money to close the deal, but the owners got nervous (and perhaps greedy for independence as well as money). While the deal was going down, their first two Bluetooth products got a good reception without Burkhardt’s intervention.