[yeyeogun]

Avid will Acquire Pinnacle Systems. That was announced today. I wonder is this fueled at Apple. Pinnacle owns Cu-base and Avid owns Digidesign (Pro Tools). Apple is said to announce a DAW based application. Both Avid and Pinnacle have been struggling with Final Cut Pro. Any takes?

[yeyeogun]

Sorry just found out that:

Yamaha grabs Cubase maker Steinberg

Yamaha Corp. on Tuesday announced that has "reach a basic agreement" to acquire 100 percent of the common stock of Steinberg Media Technologies GmbH, makers of Cubase, Nuendo, and other products used in music and media production and audio editing. The transaction is valued at US$28.5 million, and is subject to the customary regulatory approvals. Yamaha said it hopes to close the deal by late January 2005.


Yamaha will acquire Steinberg from Pinnacle Systems Inc., the California-based video editing system manufacturer that acquired Steinberg in 2003. Yamaha has had an ongoing relationship with Steinberg since the mid 1990s, according to a statement released by the company. Yamaha plans to continue to emphasize its relationship with Steinberg by promoting its "Studio Connection" initiative and hopes to expand the market for music professionals and general users alike.


Yamaha has acquires Steinberg by a "closed competitive bidding" process that finished yesterday. As part of the acquisition Yamaha acquires Steinberg's US sales business, which will be overseen by Yamaha Corp. of America.

Still Avid and Pinnacle!

[InvaderZim]

Originally Posted by yeyeogun Sorry just found out that: Yamaha grabs Cubase maker Steinberg Yamaha Corp. on Tuesday announced that has "reach a basic agreement" to acquire 100 percent of the common stock of Steinberg Media Technologies GmbH, makers of Cubase, Nuendo, and other products used in music and media production and audio editing. The transaction is valued at US$28.5 million, and is subject to the customary regulatory approvals. Yamaha said it hopes to close the deal by late January 2005. Yamaha will acquire Steinberg from Pinnacle Systems Inc., the California-based video editing system manufacturer that acquired Steinberg in 2003. Yamaha has had an ongoing relationship with Steinberg since the mid 1990s, according to a statement released by the company. Yamaha plans to continue to emphasize its relationship with Steinberg by promoting its "Studio Connection" initiative and hopes to expand the market for music professionals and general users alike. Yamaha has acquires Steinberg by a "closed competitive bidding" process that finished yesterday. As part of the acquisition Yamaha acquires Steinberg's US sales business, which will be overseen by Yamaha Corp. of America. Still Avid and Pinnacle!

Pinnacle's software is mostly on the Windows platform. Liquid Edition would suit and complment Avid's video editor,

[FFL]

The Mating Of Dinosaurs.

[francis]

Well, QuickTime's the cockroach of all millenia then.