LONDON, UK: Focusrite plc (AIM: TUNE), the global music and audio products group supplying hardware and software used by professional and amateur musicians and the entertainment industry, announced the acquisition of Sheriff Technology Limited, trading as OutBoard. The initial cash consideration of £2.37 million will be funded from internal cash resources and existing facilities. There…
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Focusrite plc acquires Linea Research Holdings for £12.6 million
LONDON, UK: Focusrite plc (AIM: TUNE), the global music and audio products company supplying hardware and software used by professional and amateur musicians and the entertainment industry, announced the acquisition of Linea Research Holdings Ltd, a UK based designer and manufacturer of professional audio equipment. The total consideration to be paid is £12.6 million for…
Focusrite plc buys Sequential LLC in a $24 million deal
LONDON: Focusrite plc, the global music and audio products company, has bought Sequential LLC, a California based, world-renowned, high-end synthesizer company. The existing management and team will stay with the business post acquisition. The total consideration to be paid is $24 million (c£18 million) for the business, with initial consideration of approximately $20 million of…