Clearone announces closure of asset sale transaction

Salt lake city--(business wire)--clearone, inc. (nasdaq: clro), a technology innovator and global competitor in the conferencing, collaboration, and network streaming solutions market, today announced that it has entered into a definitive agreement to sell certain assets to biamp systems, llc, a leading global provider of professional audio-visual solutions. this asset sale is part of clearone's ongoing strategic process and in support of its previously disclosed plan to pursue one or more tran.
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