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Digital Audio

Gibson Guitars, Cirrus Logic Partner on Networked Digital Audio

Authored by Mark Hefflinger on November 9, 2005 - 8:59am.
Nashville, Tenn. - Gibson Guitar Corp. announced on Wednesday that it has partnered with chipmaker Cirrus Logic to develop new digital audio networking products. The companies will collaborate on next-generation, gigabit Ethernet-based products for use in recording, live music distribution and network-based consumer content delivery.
tags: Deals | Gibson Guitars | Cirrus Logic | Digital Audio |

Avid to Acquire Digital Audio Firm M-Audio for $80 Million

Authored by Mark Hefflinger on August 13, 2004 - 2:54am.
Tewksbury, Mass. -- Avid Technology, a major provider of video production technology, has agreed to pay $80 million in cash and 2 million shares of common stock to acquire Irwindale, Calif.-based M-Audio, a provider of digital audio and MIDI technology for electronic musicians and audio professionals. The deal also includes earn-out provisions, based on M-Audio's future financial performance. Founded in 1988, M-Audio has about 200 employees in the U.S. and Europe who develop products for the professional and consumer audio markets. "With this acquisition, we're bolstering our investment in the home studio market segment, the fastest growing portion of our audio business, where we achieved roughly 40% year-over-year growth in Q2 of 2004," said David Krall, CEO of Avid.
tags: Avid | M-Audio | Digital Audio |

Digital Audio Amplifier Developer D2Audio Raises $15.5 Million

Authored by Mark Hefflinger on October 8, 2003 - 4:51am.
Austin -- D2Audio, a developer of digital audio amplifiers for the professional and consumer markets, announced on Wednesday that it has raised $15.5 million in its second round of venture capital financing. Lightspeed Venture Partners led the investment round; Austin Ventures and Sevin Rosen Funds also participated. Austin-based D2Audio says its "intelligent" amplifiers are capable of recognizing the speakers to which they are attached and optimizing the sound accordingly, and can take into consideration the room's characteristics and even the location of the audience in the room.
tags: VC | Digital Audio | D2Audio | Amplifier |

U.K.-based Digital Audio Developer Imerge Raises $1.1 Million

Authored by Mark Hefflinger on January 24, 2003 - 5:02am.
Cambridge, England -- Imerge, a developer of Internet-connected, hard disk-based audio products and media appliances, announced that it has raised $1.1 million in its most recent round of financing. Investors included British Smaller Businesses, Generics and JVB Private Equity. Cambridge-based Imerge's XiVA software and hardware reference platforms have been licensed by consumer electronics manufacturers including Marantz, Onkyo, Revox and Linn. The company also manufactures the SoundServer S200, a CD/digital music player with an 80GB hard drive.
tags: VC | U.K | Digital Audio | Imerge |