*** "All things are possible" Mark 10:27 ***
please feel free to post relevant information in the pre-existing threads if file attachments or images are not displayed you may need to register/login logging in also enables you to use the arrow keys to page back + forth Recent | Who | Artists | USB | Firewire | VST | Retrospects | Commodore | ATARI ST | Amiga | IBM/DOS | WIN/PC | Mac | MacOS9 | Drums | Drum Machines | Synths | Modules | Samplers | Tape | Mixers | Software | GFX | Midi Interfaces | Midi Sequencers | ControllersE-mu | Ensoniq | Akai "S" | MPCs | Roland "MC"Roland "S" | Roland "JV" | JV addons | Hardware Effects | iOS | android | DAW Software Timeline

Author Topic: Yamaha grabs Cubase maker Steinberg (Dec 21 2004)  (Read 100 times)

0 Members and 1 Guest are viewing this topic.

Online chrisNova777

  • Administrator
  • Posts: 7612
  • Gender: Male
  • "Vintage MIDI Sequencing + Audio Production"
    • www.oldschooldaw.com | vintage audio production software + hardware info
Yamaha grabs Cubase maker Steinberg (Dec 21 2004)
« on: February 13, 2019, 07:50:27 AM »
https://www.macworld.com/article/1041570/yamaha.html

Quote
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.

This story, "Yamaha grabs Cubase maker Steinberg" was originally published by PCWorld.

To comment on this article and other Macworld content, visit our Facebook page or our Twitter feed.
« Last Edit: February 13, 2019, 07:50:52 AM by chrisNova777 »