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PRO AUDIO CONSOLIDATION

 COMPILED BY SARAH BENZULY

Mix, May 1, 2008

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Within just a few days of each other, Prism Sound announced it had acquired SADiE (formerly owned by Studio Audio & Video Limited), D&M Holdings had acquired Allen & Heath Holdings Limited and Blue Microphones was bought by Transom Capital.

While SADiE continued to release upgrades and find sales here and there across the country, the company had “gone into administration” in February to relieve itself of debt. Upon hearing this news, Prism Sound directors Graham Boswell and Ian Dennis negotiated the deal, bringing the PC-based DAW manufacturer under the Prism Sound business while retaining the SADiE name. Existing customers will continue to have access to product support using the same contact info as before, while new orders can be placed with Prism Sound's sales offices. According to Dennis, “We will also be looking at ways in which SADiE and Prism Sound products can be packaged into attractive bundles. Looking further into the future, we have the financial and engineering resources to aggressively develop new products and ensure that they are effectively promoted to broadcast and pro audio customers.”

Allen & Heath, meanwhile, joins D&M's Calrec and D&M Pro brands (including Denon), increasing D&M's stronghold in the live sound and DJ markets, especially with Allen & Heath's latest product release: the iLive mixing system. Allen & Heath will continue to be led by Glenn Rogers and its current management team.

Blue Microphones' founders, Skipper Wise and Martins Saulespurens (pictured, from left), will retain an ownership interest in their company and continue building microphones following the closing of the transaction with Transom Capital. According to the news release, Transom Capital will become more “hands-on,” operationally, while leaving the microphone design and manufacture to Blue's team.



© 2008, Primedia Business Magazines and Media, a PRIMEDIA company. All rights reserved. This article is protected by United States copyright and other intellectual property laws and may not be reproduced, rewritten, distributed, redisseminated, transmitted, displayed, published or broadcast, directly or indirectly, in any medium without the prior written permission of PRIMEDIA Business Corp.

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