Founded by Uli Behringer in 1989, Behringer has been synonymous with affordable music and sound equipment. The company is by roots German, but now manufactures most of its products in China to keep costs low. In 1996, Behringer launched the EURODESK MX8000 mixing console, delivering features from boards costing twice as much. Beyond mixers and speakers, Behringer also went on to develop a wide range of feedback elimination solutions, rackmount digital processors, analog crossovers, microphones, DJ mixers, and more. Behringer is currently owned by the parent company – Music Tribe – an organisation that also owns the reputed Midas, Klark Teknik, Bugera, Eurotec and Turbosound (formerly owned by Harman). By the year 2007, Behringer became the 14th largest manufacturer of music products.