Re: LVS to sell AVID
Quote:
Originally Posted by Tweakhead
My preferred new owners would be:
1. Solid State Logic
2. Focusrite
3. Universal Audio
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SSL "merged" with another company to stay afloat.
Focusrite is pretty extended on purchasing (low cost) subsidiaries Novation, Adam Audio, Martin Audio, and Sequential. All in the low million dollar range -- they aren't sent to have capital for the billion dollar range.
Universal Audio went through layoffs recently and rethinking their strategy (another company faltering at the moment)
None of them have the interest in broadcast/video market which would be needed for Avid.
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