ClearOne sells IP, brands, and product designs to Biamp; swap program offered

CLEARONE INC

ClearOne sells intellectual property, brands, and product designs to Biamp; no deal value disclosed.
Biamp not assuming liabilities or support obligations; ClearOne continues warranty and support for deployed products.
Biamp offers equipment swap program at 10%+ discount; extra 5% if swap completed by end of 2025.
Biamp will not resell ClearOne products; existing ClearOne inventory sold through distributors only.
ClearOne to facilitate introductions for distributors interested in Biamp partnership.

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