"Rane Corporation, founded and incorporated in 1981 in Washington State, is a privately held company. The owners all previously worked together in middle management positions at Phase Linear Corporation, a high-end consumer electronics company. With this background, they pooled over 40 years of combined audio experience to create Rane Corporation. Owners became separate department heads based upon their expertise. This organization created an unusually strong structure, since all department heads had a unique owner's perspective in making it succeed."