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:
“I hate this shallow Americanism which hopes to get rich by credit, to get knowledge by raps on midnight tables, to learn the economy of the mind by phrenology, or skill without study, or mastery without apprenticeship, or the sale of goods through pretending that they sell, or power through making believe you are powerful, or through a packed jury or caucus, bribery and “repeating” votes, or wealth by fraud.”
—Ralph Waldo Emerson (1803–1882)