Esoteric News - Merger with Teac

"Esoteric Company will merge with its parent company TEAC Corporation in April 2024...."

Not certain how this change will be reflected in the reorganized company? I wonder if they are simply removing a layer(s) of management as a cost saving measure? Getting new products to market more quickly?

As a satisfied user of Esoteric products I'm hoping the result is all positive.
 
I always had the impression the companies were linked already. I saw this on the Esoteric fan page an Esoteric representative says Esoteric will keep their name and business as usual.

Teac has always been interesting to me, seemingly able to offer good products when they want then putting strange entry level stuff in places like Costco. Recently I heard a Teac DAC and was impressed. I'm guessing some trickly down tech maybe. They also have some good value integrated amps.
 
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