8 votes

Moog bought by inMusic

5 comments

  1. [2]
    sleepydave
    Link
    Just after Native Instruments announced Plugin Alliance/Brainworx et al. will be merged into their proprietary DRM software centre crap - I feel like the pro audio sector is heading down a pretty...

    Just after Native Instruments announced Plugin Alliance/Brainworx et al. will be merged into their proprietary DRM software centre crap - I feel like the pro audio sector is heading down a pretty grim path. Moog is the last company that I would have ever imagined allowing themselves to be bought out by a company like InMusic and it almost seems to mark the end of an era for pro audio.

    7 votes
    1. oidar
      Link Parent
      I believe they also acquired izotope as well in the not distant past.

      I believe they also acquired izotope as well in the not distant past.

      2 votes
  2. Akir
    Link
    I knew InMusic because they were the company making Akai and Alesis equipment, but this news made me realize that they have bought a crazy amount of companies in the past few years. It looks like...

    I knew InMusic because they were the company making Akai and Alesis equipment, but this news made me realize that they have bought a crazy amount of companies in the past few years. It looks like the music industry is growing a new evil overlord.

    It should be illegal to buy companies instead of doing real innovation.

    1 vote
  3. [2]
    Aiwass
    Link
    Oh no! I guess them being employee owned means they voted for this? Curious to know how it went down, I’ve always thought Moog would be a great place to work.

    Oh no! I guess them being employee owned means they voted for this? Curious to know how it went down, I’ve always thought Moog would be a great place to work.

    1 vote
    1. McFin
      Link Parent
      49% employee owned, so they don't actually have a vote in what goes on. The CEO still held the controlling percent at 51. That's not to say that Adams just did whatever he wanted without employee...

      49% employee owned, so they don't actually have a vote in what goes on. The CEO still held the controlling percent at 51.

      That's not to say that Adams just did whatever he wanted without employee input - we don't really know the nuances of how this deal played out internally. But at 51% he wasn't beholden to his employees.

      3 votes