Avid has issued a press release announcing that it will acquire M-Audio.
Tewksbury, MA – August 13, 2004 – Avid Technology, Inc. (NASDAQ: AVID) today announced that it has entered into a definitive agreement to acquire Midiman, Inc., doing business as M-Audio – a leading provider of digital audio and MIDI solutions for electronic musicians and audio professionals. At closing, Avid will pay approximately $80 million in cash, issue approximately 2 million shares of Avid common stock, and assume all outstanding M-Audio stock options.M-Audio has posted a short Q&A discussing what changes are in store for M-Audio's customers as a result of this agreement.
|1. BIF - $340||2. Ryu Connor - $250||3. mbutrovich - $250|
|4. YetAnotherGeek2 - $200||5. End User - $150||6. Captain Ned - $100|
|7. Anonymous Gerbil - $100||8. Bill Door - $100||9. ericfulmer - $100|
|10. dkanter - $100|
|Phanteks Eclipse P400 gets a tempered glass option||0|
|GeForce driver 375.57 is prepared for Titanfall 2||1|
|Radeon 16.10.2 drivers add support for October's big games||10|
|Strong revenue doesn't stem red ink in AMD's fiscal third quarter||25|
|Razer unsheathes the Blade Pro gaming laptop||17|
|Acer XB241YU G-Sync display stalks the FreeSync competition||19|
|PowerColor Devil Box cages high-performance graphics cards||23|
|Samsung builds 8GB LPDDR4 packages on its 10-nm process||8|
|Latest Nintendo console can Switch form factors on the fly||128|
|A real "console monitor" would be 720p @ 30 Hz ;P||+55|