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Pinnacle Systems Agrees To Acquire Steinberg Media Technologies AG
Old 19th December 2002
  #1
Lives for gear
 
🎧 15 years
Pinnacle Systems Agrees To Acquire Steinberg Media Technologies AG

Whoa. Pinnacle is buying Steinberg, effective January 2003.

The Germans all seem intent on being owned by Californians. Weird.

No idea what this means for Steinberg's development plans. Watch it be a "PC only" scene just to spite Apple.....tut .


Regards,
Brian T
Old 19th December 2002
  #2
Lives for gear
 
Renie's Avatar
 
🎧 15 years
I just posted this on Jules forum and took it off when I saw you had already covered the news here. It is interesting stuff!
Old 19th December 2002
  #3
Gear Maniac
 
🎧 15 years
in the conference call they said they will definately be continueing support for Apple products...so no worries there....I'd be more worried for DP if anything...

What's interesting is they have been in talks about this for 7 months..slightly before the Apple/Emagic aquisition...so possibly knowing this spurred Apple to the purchase...although...I guess this was all inevitable anyway...
Old 19th December 2002
  #4
Lives for gear
 
🎧 15 years
I Don't mind

Apple and Pinnacle have a good relationship teaming up to promote and sell the Pinnacle Cinewave system.

Kind of makes you wonder if soon someone will make a play for MOTU.
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