Music technology company Audiofile Engineering has been acquired by Krekeltronics, a Minnesota-based product development firm. A new team will be resuming development on popular Audiofile products such as Fidelia, Vio, and Audiofile Calc, and has expanded contract product development services to assist with hardware, firmware, software, and integration, partnering with key audio technology and market leaders.
Popular downtown Toronto specialty MIDI and audio equipment retailer Saved By Technology has been acquired by Long & McQuade but will retain its name and staff. The announcement was made today by store co-owner Jim Burgess.
“The building in downtown Toronto where we have been located since May 1986 has been sold, and in order to ensure the continued operations of the company we have entered into a business agreement with Long & McQuade, who are now the new owners and managers. By mid-June, Saved By Technology will be moving to an exciting new location at 2 Eastern Avenue,” Burgess wrote in an email to clients and customers.
Eastman Music Company, a manufacturer and distributor of musical instruments and accessories, announced that it has made a significant investment in Backun Musical Services, a Canadian manufacturer of clarinets and woodwind accessories. This investment builds on the existing Eastman distribution of Backun products to dealers in North America. The deal sees Backun President Morrie Backun and Eastman CEO Qian Ni sharing co-ownership of Backun Musical Services.
The Eastman family of products, which includes Eastman, Wm. S. Haynes and S.E. Shires, now includes Backun clarinets and accessories. The agreement brings Backun’s woodwind instrument designs and manufacturing technologies into the Eastman portfolio, while leveraging Eastman’s brand and dealer relationships.
Hal Leonard announced that effective immediately it has acquired Schaum Publications, the publisher of educational piano materials. The joint announcement was made by Larry Morton, president of Hal Leonard, and Wesley Schaum, president of Schaum Publications.
Schaum Publications, Inc. was founded in 1959 by John W. Schaum. The company publishes scores of quality piano materials integrating method, theory, technique, and repertoire into a comprehensive education resources. The Schaum catalog includes over 700 titles including the bestselling Fingerpowerý line of products that have been used by tens of thousands of piano students over the years. John’s son Wesley has been running the operation since 1989 and came to Hal Leonard when he decided it was time for a change.
Rode Founder and Managing Director Peter Freedman and TSL Products’ Managing Director Chris Exelby signed the deal on Nov. 21, 2016, sealing a deal that now sees Freedman Electronics take control over the entire SoundField company, including the current product line as well as all IP associated with the brand. The existing product line will continue, and all support and warranty for SoundField products will now be handled through the new entity. TSL Products will retain the upmix/downmix processing product range, which will be rebranded.
London-based FXpansion adds a large collection of sounds and effects to ROLI’s growing range of music creation tools. The Seaboard, ROLI’s touch-responsive instrument, will now be developed alongside FXpansion’s virtual instruments including BFD3 collection of acoustic drum sounds, and the Strobe2 analog-modelled software synthesizer.