RioReport: Stealth Firm Broadband Instruments Developing Digital Music TechAuthored by Mark Hefflinger on February 1, 2007 - 10:49am.
San Francisco - Wired News reported on Thursday that a stealth-mode company called Broadband Instruments, founded by former executives at Musicmatch, iRiver and Rio, is developing unspecified digital music technology that may include a consumer device and wireless functionality. tags: Music | Iriver | Musicmatch | Rio | Broadband Instruments | Sevin Rosen Funds | AustinVentrues |
Japanese Firm Buys Sonicblue's ReplayTV, Rio Units for $36 MillionAuthored by Mark Hefflinger on April 22, 2003 - 1:37am.
Tokyo -- D&M Holdings, parent company of Japanese consumer electronics firms Denon and Marantz, announced that it has emerged as the successful bidder for the ReplayTV personal video recorder business and Rio MP3 player business of bankrupt consumer electronics firm Sonicblue. Tokyo-based D&M paid only $36.2 million for the units, compared to the $40 million it initially offered Sonicblue in a deal that fell through as its deadline expired. The company will acquire Sonicblue's inventory, receivables, intellectual property and capital equipment, as well as selected contractual relationships and liabilities. D&M also intends to keep all ReplayTV customers and will design, manufacture and distribute a line of ReplayTV and Rio products, under a newly created division called Digital Networks North America. D&M reported that in the last 12 months, ReplayTV had revenue of approximately $22 million and Rio had revenue of approximately $62 million http://www.dm-holdings.com/en/20030417.html
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