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

you know what i find so odd about this? somehow, i guess i grew up with the idea that well-known companies should be buying lesser-known companies. anybody who does anything with computers and audio knows steinberg. who has ever heard of pinnacle systems outside of the broadcast world? anyway, it looks to me like pinnacle want to give avid a run for their money. i am also mildly suprised by the value of the deal. steinberg is effectively valued at US$24 million. its a huge confirmation, if ever there was one, of the tiny niche market that computer music represents. steinberg has to be one of the pre-eminent companies in the field, and have been in business in some form or another for more than a decade. that they are worth only US$24M at this point says very little about them and a lot about the size of the (paying) market for these products. --p