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Steinway Musical Instruments, Inc.
Steinway Musical Instruments, Inc. is a worldwide musical instrument manufacturing and marketing conglomerate, based in Astoria, New York, the United States. It was formed in a 1995 merger between the Selmer Industries and Steinway Musical Properties, the parent company of Steinway & Sons piano manufacturers. From 1996 to 2013, Steinway Musical Instruments was traded at the New York Stock Exchange (NYSE) under the abbreviation LVB, for Ludwig van Beethoven. It was acquired by the Paulson & Co. private capital firm in 2013. Through acquisitions and mergers, the company has acquired a large number of musical instrument brand names and manufacturing facilities. Steinway Musical Instruments acquired the flute manufacturer Emerson in 1997, the piano keyboard maker Kluge in 1998, and the Steinway Hall in Manhattan in 1999. In 2000 it acquired the wind instrument manufacturer United Musical Instruments and in 2003 merged it with their subsidiary The Selmer Company to form the Conn ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Steinway Musical Instruments - Logo
Steinway & Sons, also known as Steinway (), is a German-American piano company, founded in 1853 in Manhattan by German piano builder Heinrich Engelhard Steinweg (later known as Henry E. Steinway). The company's growth led to the opening of a factory in New York City, United States, and later a factory in Hamburg, Germany. The factory in the Queens borough of New York City supplies the Americas, and the factory in Hamburg supplies the rest of the world. Steinway is a prominent piano company, known for making pianos of high quality and for inventions within the area of piano development. Steinway has been granted 139 patents in piano making, with the first in 1857. The company's share of the high-end grand piano market consistently exceeds 80 percent. The dominant position has been criticized, with some musicians and writers arguing that it has blocked innovation and led to a homogenization of the sound favored by pianists. Steinway pianos have received numerous awards. On ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
