Re: [linux-audio-dev] Steinberg acquired by Pinnacle

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Subject: Re: [linux-audio-dev] Steinberg acquired by Pinnacle
From: John Lazzaro (lazzaro_AT_CS.Berkeley.EDU)
Date: Thu Dec 19 2002 - 21:53:47 EET


> Paul Davis <paul_AT_linuxaudiosystems.com> writes:
>
> i am also mildly suprised by the value of the deal. steinberg is
> effectively valued at US$24 million.

They sold at a discount to Emagic ... Apple paid 30M for Emagic,
and Apple is not known for over-paying for smaller acquisitions
(NeXT is a different story, although one could argue that Steve
 as iCEO was worth every penny ...).

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John Lazzaro -- Research Specialist -- CS Division -- EECS -- UC Berkeley
lazzaro [at] cs [dot] berkeley [dot] edu www.cs.berkeley.edu/~lazzaro
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