What ever happened to Krell ?

Forgot to mention preamp was phantom II.

Krell is alive and well. The company certainly survived  some dark and challenging days but has rebounded in a significant way. Yes, they'll likely not ever return to making the "muscle machines" on which their reputation rested for so many years. But as a current and original owner of the FPB 300cx, still in possession of the KPS CD player and having enjoyed for years the iconic KCT stereo preamp, I'm happy to say I traded that preamp and sold it in favor of the new Foundation 4K. Without a doubt, having heard many, this is an AMAZING and solidly built machine that delivers absolutely fantastic sound and video and switches like nobody's business. I would challenge anyone to offer up a BETTER sounding prepro at this [reasonsble] price. In fact, one might have to spend 20-25k to get a machine that sounds as good as this glorious machine for about 7.5K 

hk_fan said
"I personally will never purchase a Krell product after what the current ownership did to Dan."

Some months ago on PBS (Public Broadcasting System) television in the USA, there was a show about start up companies. As they grow they need capital and get it from Venture capitalists. Generally in around 4 years the founder(s) is kicked out. The show highlighted companies like Cisco, Apple, although they did bring Jobs back, and others I can’t remember. One of the founders of the clothing store Banana Republic wrote a book about the early days, the investors, and then literally showing up one day and her access card not opening the gate.
Many of the founders do leave with a bunch of money. The Banana Republic founders got $5 million for a company that at the time was making many many times that amount each year-ad a zero and multiply by something.
It is not always a clear cut situation. Many of the founders, Tycho for example, go public but the founders still think all the assets are in their own checking account, and many founders do not know how to run a large company, or even behave like an adult--I will not mention a certain ride sharing company. The Tycho founder went to jail.
The Venture capitalist strategy is to invest in a lot of companies, loose on most and hope to make a killing on a few. Sometimes this means another option: killing the company to cut the their losses. There have been more than a few audio companies that that has happened to.
It is also true that founders tend to have a lot more heart, soul and creativity than capitalists. I remember when the change occurred at Banana Republic. Before most of their clothing was military surplus from around the world, odd quirky wonderful things with odd quirky wonderful store layouts. After the change the stores looked like any other clothing store with the usual racks and new clothing that was undistinguished from any other other store. Within a few years they were moribund. A decade or more later they were resurrected as a sort of high-end Gap (same owner).
End of rant.

What's the deal, does Krell outsource to China? Or was that one device a few years back?

Being friends with some of the guys at Krell, I was told there wasn't much choice but to get rid of Dan. When the financial crises hit it hurt Krell badly and Dan had sold his controlling interest in the company. Dan spent lots of money and was sort of out of control from what I gleaned. I was told Dan didn't do much anymore when it came to designing and hadn't for a while.

A friend at the company said he had known and worked with Dan for over ten years and considered him a friend. He was fired by Dan. He says he would have understood if Dan had told himself but he sent a co-worker to tell him he was out. And Dan never spoke to him again. He was rehired when Dan left.

I've owned lot's of Krell products over the years and enjoyed them. My last was the 700C which I sold. I still have an old amp and a few other pieces. They still work and sound great. I still think they are one of the best High end products available. I've gotten more into vintage audio and mostly use a pair of rebuilt Citation IIs. But whenever I hook up the old Krell KSA 250S, I'm never disappointed.

It's sad Dan had to leave but he seems to be doing well. Hopefully it was a good move for both he and Krell but only time will tell.