What do you think bowtie427ss
OK, you asked.
I think 25+ years ago it was time to stick a fork in it. That horse won't be beat back to life. Really, you could go all the way back to Jimmy Ling and the damage done during the LTV era. I don't think the corporation ever fully recovered from that.
Without a lead engineering team, there is no innovation or development. Without innovation and development, there are no new products. To the working audio world(sound reinforcement, theater sound, recording) Altec hadn't introduced a
game changer product since the introduction of the duplex, and VOT's in the late 1940's. Fundamentally, there's very little difference between a 1950's A7, and the last A7-8 system to leave the factory in the 1990's. Sure there were small upgrades in driver construction(some of which were forced by scarcity and economics, not innovation and development) and crossover application, but no significant engineering changes or developments.
The best that's going to happen, and it did, is that somebody with great means and a hobby interest in audio will come along and pump a little life support into the dying carcass. There is/was zero new engineering. Any new products were simply re-iterations of the past.
The "Altec" brand name is alive and well, they make boom trucks/derricks, and chippers. They likely enjoy a healthier annual bottom line than the Altec Lansing Corporation ever did in the 70's, 80's, and 90's.
Don't get me wrong, i still love my antiquated, and obsolete Altecs, and i will continue to do so. But, i do fully recognize that in today's audio world they are obsolete antiques.
Time marches on...