MERGERS AND ACQUISITIONS

MACKIE BUYS ACUMA LABS LTD. Mackie Designs Inc. announced the completion of the purchase of Victoria, BC-based Acuma Labs Ltd. According to executive
Author:
Publish date:

MACKIE BUYS ACUMA LABS LTD.Mackie Designs Inc. announced the completion of the purchase of Victoria, BC-based Acuma Labs Ltd. According to executive VP of engineering Peter Watts, "Acuma provides focused digital technology resources to Mackie's engineering group, enhancing our development of increasingly sophisticated professional audio products."

UNIVERSAL AUDIO ACQUIRES KIND OF LOUDSanta Cruz, Calif.-based Universal Audio has completed the acquisition of Kind of Loud Technologies. The two companies will be based out of Santa Cruz and share the name Universal Audio Inc.; the company's new slogan will be "Analog Ears, Digital Minds." According to a press release, the combined company goal "...is to bridge the best of classic analog recording technology with the flexibility of the modern digital studio. The company is developing an entirely new product line merging the best of its technical capabilities."