Yamaha buys Steinberg

sinix · Post by **sinix** » Tue Dec 21, 2004 8:00 pm

http://www.pinnaclesys.com/aboutus/PR/N ... angue_ID=7

From the Pinancle website:
-----------------------------------------------------------------
MOUNTAIN VIEW, Calif. 12/20/2004-Pinnacle Systems, Inc. (NASDAQ: PCLE), a leader in digital video solutions, today announced that it has entered into a definitive agreement to sell its Hamburg, Germany-based Steinberg audio software business to Yamaha Corporation. The transaction, which is subject to regulatory approval, is expected to be completed during Pinnacle’s third fiscal quarter ended March 31, 2005.

"Steinberg’s accomplishments and leadership in the professional audio software industry are directly inline with Yamaha’s long track record of success in that same industry," said Patti Hart, Pinnacle Systems Chairman and CEO. "We believe the deal is beneficial to both Pinnacle and Yamaha, and is absolutely the right move for Steinberg."

As part of the transaction, Steinberg and Pinnacle will cross-license certain intellectual property on a royalty-free basis and Pinnacle will continue to distribute Steinberg’s WaveLab Lite audio editing product with Pinnacle Studio Media Suite.

"For Pinnacle Systems this decision continues to tighten the company’s focus on our core strengths in the digital video solutions market," continued Hart. "We believe it also allows us to bring greater management and financial resources to leverage our core strengths in digital video for long-term market leadership and growth."

Pinnacle entered the audio business in January 2003 when it acquired Steinberg Media Technologies A.G., a market leader in professional audio software that was founded in 1984.
----------------------------------------------------------------

doodyrh · Post by **doodyrh** » Wed Dec 22, 2004 5:17 pm

My New Year's wish is that they also buy Creamware.

valis · Post by **valis** » Wed Dec 22, 2004 8:16 pm

Yamaha buy Creamware? NO! hehe. Yamaha has done their fare share of innovation in the past but I can think of a few other companies that would be a better match...

Post by **hubird** » Wed Dec 22, 2004 8:26 pm

Apple?

Immanuel · Post by **Immanuel** » Wed Dec 22, 2004 8:37 pm

GRRRRRR

sinix · Post by **sinix** » Wed Dec 22, 2004 9:12 pm

Noooooooo!!! Not Apple!!

I love my ibook, but I don't want a G5 desktop.

Too much money invested in PC!

Post by **hubird** » Wed Dec 22, 2004 11:19 pm

sorry, it was just an idea...

kensuguro · Post by **kensuguro** » Thu Dec 23, 2004 12:52 am

well, yamaha did need a serious software department.. I think yamaha made some of the crappiest audio software to date, including their hardware synth's internal software.

heh, imagine a Motif with built in Cubase. lol.

[ This Message was edited by: kensuguro on 2004-12-23 00:52 ]

Neutron · Post by **Neutron** » Thu Dec 23, 2004 1:51 am

maybe they can get them to make a software module to program my FS1R in a much less annoying fashion. its a great synth and all but programming it is a PITA! (but maybe totally user friendly for japanese people!)

valis · Post by **valis** » Thu Dec 23, 2004 4:52 am

I use sounddiver for my FS1R (there's 2 other software editors for it too btw).

Only downside to it for me is that the relationship between teh formant operators and the fm operators isn't spelled out 100%...

Anyway good luck to Steinberg & Yamaha, I'm curious to see if the layer between the OS & the Steinberg apps that has been under development with Yamaha will work out into something that allows Sounddiver-like communication between different applications & hardware.

wayne · Post by **wayne** » Thu Dec 23, 2004 7:16 am

Don't forget, on every one of those motorcycles is a badge depicting 3 tuning forks - my first instrument was a yamaha (euphonium) - and i still play a cheap student yamaha trombone that is a fine instrument.

This has no bearing on this thread, but who knows what will happen, other than those involved at the business end? We'll see

braincell · Post by **braincell** » Wed Jan 05, 2005 6:43 pm

Yamaha won't be buying Creamware soon. I think Frank made it clear that Creamware is not for sale. It's a shame though because progress will continue to go at a snails pace due to lack of funds, also we are not generating the profit so there will continue to be an emphasis on the radio software.

wsippel · Post by **wsippel** » Sun Jan 09, 2005 8:34 pm

Yeah! Yamaha bought Steinberg, so I emailed them, asking if they would change the license for the VST headers now - and guess what? They will change it to BSD! Open source VST plugins! For every platform! That, my friends, is really great news!!!

If that's really due to the takeover - very possible, considering Yamaha also plans to open up all MLAN specs, as well as announced support for open-source devs to implement Linux/ BSD drivers -, I really _love_ Yamaha!

Anyone here with freeware VST plugins he/ she wants to be ported to Linux?

narly · Post by **narly** » Mon Jan 10, 2005 10:01 pm

Crap - ! All this Yamaha talk...

I'm missing my FZ-750

...

alfonso · Post by **alfonso** » Tue Jan 11, 2005 1:28 pm

A bike?

ChrisWerner · Post by **ChrisWerner** » Thu Jan 13, 2005 4:27 am

Hmm, does it mean that I´ll see an ad, of a built-in Cubase version in the next Yamaha Tyros-Hyper-XXL-BIG one man - single hand orchestra portable keyboard, in my next mail-order house catalogue, between gym machines and kid toys? *sick*

_________________
Music starts where any language ends

[ This Message was edited by: ChrisWerner on 2005-01-13 04:29 ]

Counterparts · Post by **Counterparts** » Thu Jan 13, 2005 4:39 am

alfonso wrote:
A bike?

'tis indeed, although as far as Yammys go, I've always hankered after a XJ900 (dunno why, just like them). IIRC the FZ was the first 5-valve/cylinder production bike..? Fast too!

narly · Post by **narly** » Thu Jan 13, 2005 9:25 pm

I didn't start the OT bike-talk - but tis a good reminisce 5 valve Genesis will rip your arms outta the sockets.

In all, Yamaha buying Steiney has to be better than if Gibson had bought them! Other than Sequential has anything really perished under them?

valis · Post by **valis** » Thu Jan 13, 2005 10:16 pm

I wouldn't say Sequential perished so much as was 'absorbed' into later products (tho sadly that probably wasn't much consolance to the Sequential staff).

johnbowen · Post by **johnbowen** » Fri Jan 14, 2005 12:08 am

"Absorbed into later products?" Hardly....

Yes, Yamaha later produced a couple of synths with the Vector idea implemented, but none of those were designed by the ex-Sequential team. We had all moved to Korg by then...

When Yamaha bought the company, we had just released the Prophet 3000 (having desparately shipped 50 units late in October 1987 to try to stave off collapse), and we thought perhaps they were interested in the improved sampling technology (they had recently shown a 12-bit sampler the TX16W, but hadn't shipped yet). When Dave Smith, Scott Peterson, and I arrived at Yamaha's headquarters that December, we saw on our tour of the factory, stacks and stacks of TX16Ws in warehouses - there must have been hundreds ready to go.

We had enough parts for another 150-200 Prophet 3000s, and in the Spring they agreed to hire back our assembly line work force to put these together. This was the extent of Yamaha's involvment with any Sequential product, and I still believe that they mainly purchased Sequential to remove the brand from the marketplace (away from other possible suitors,etc.).

Howevr, I also can say that those of us who were kept on (and it was a small group of 8 or so) were assigned the task of creating another synth product of our own design, but this product was never produced by Yamaha; rather, it provided the genesis for what would become the Wavestation, our first design for Korg, who quickly appeared on the scene when Yamaha decided to cut us loose in April '89.

And so it was....
peace,

_________________
john bowen
zarg music

[ This Message was edited by: johnbowen on 2005-01-14 00:10 ]

[ This Message was edited by: johnbowen on 2005-01-14 00:12 ]