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- Startup EVA Automation will close without declaring bankruptcyThe name of EVA Automation is known in the audio world thanks to Bowers & Wilkins: it was this startup that acquired one of the largest audio companies, and it was its multi-room technology that became the basis of the Formation line of devices.
- Sound United completes acquisition of Bowers & WilkinsEva Automation had driven the launch of B&W Formation, the company's first multi-room wireless system, with rumours subsequently swirling around the success or otherwise of the likes of the B&W Formation Duo. The Bowers & Wilkins Home app, which powers the Formation range, was developed by Eva Automation and hasn't been updated since February.
- Bowers & Wilkins CEO resigns, restructuring expert appointedGideon Yu, the ex-Facebook CFO who led Eva Automation's shock acquisition of B&W in 2016, has left Bowers & Wilkins, according to company filings. Gregory Lee, who was made CEO at the end of 2019, also appears to have resigned from that role.
- EVA Automation Escapes Forced Bankruptcy; But Shuts Down AnywayTPV’s Petition Infuriates EVA Automation. TPV filed this action to force EVA into Chapter 7 bankruptcy, when they realized they were a large unsecured lender of $30 million for a failed product launch.
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