04.10.2008 04:23 PM
Prism Sound acquires SADiE
Prism Sound, manufacturer of analog/digital interfaces and converters for the recording and broadcast markets, has acquired the business and intellectual property rights of SADiE, formerly owned by Studio Audio and Video. The SADiE brand name, known for its premium PC-based digital audio workstations products, will be retained as part of the Prism Sound business.
Prism Sound directors Graham Boswell and Ian Dennis negotiated the deal after learning that SADiE had run into deep financial problems in February. "We were very saddened to hear that SADiE had run into problems," Boswell said. "The company's reputation for innovation and creativity is truly remarkable and its digital audio workstations are rightly considered to be the best in the world. SADiE has always insisted on the highest standards of engineering and this is reflected in the quality of its product range and the tremendous loyalty of its customers."
According to the company, Prism Sound's initial aim is to place the existing SADiE product range on a secure business footing. Existing clients will have full access to product support as before, while new orders are being accepted by Prism Sound's sales offices in Cambridge and New Jersey. Deliveries will resume almost immediately.
Over the next few months, Prism Sound will identify a new location that will allow it to combine both businesses. During this transitional period, the Prism Sound team will operate from SADiE's old headquarters in Stretham, Cambridge, as well as the company’s main offices.
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