Sale To InMusic (2012-present)
In mid-2012, Avid sold M-Audio to inMusic as part of an attempt to streamline operations and reduce operating costs. Along with its consumer music hardware products, inMusic also acquired the AIR software group's IP and engineering team, responsible for many of the virtual instruments and plug-ins for the Pro Tools audio production software platform. Avid retained the Mbox range of audio interfaces and some other formerly M-Audio-brand products.
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Famous quotes containing the word sale:
“[T]he dignity of parliament it seems can brook no opposition to it’s power. Strange that a set of men who have made sale of their virtue to the minister should yet talk of retaining dignity!”
—Thomas Jefferson (1743–1826)