The TerraTec Electronic GmbH is today known as the H & S Entwicklungsgesellschaft Nettetal GmbH. It is a Nettetal (NRW)-based company founded in 1994, which had specialized in the development and distribution of PC sound cards. H & S is the licensor for the brand Terratec and developer of Internet radio Noxon. In 2012 the H & S then had file for bankruptcy. A year later, the Ultron AG acquired the trademark rights of the company.