Yamaha Just Bought Line 6

Thats a bit of a surprise      20/12/13
Yamaha Just Bought Line 6


Due dilligence and all that stuff not with standing, Line 6 have just posted that they are to be aqquired by Yamaha. Didn't see that coming, no.

But I guess given Yamaha's recent success of the THR series of amps, which really are quite brilliant, they are gravitating to the same orbit. We know little apart from what Line 6 have announced, but it will be very interesting to see what happens next.

Here's what we know:

Outline of agreement

Based on the resolutions adopted by the Line 6 board of directors on December 19 and the Yamaha board of directors on December 20, a definitive agreement has been executed regarding the acquisition of all of the capital stock of Line 6.

Yamaha will acquire all of the capital stock of Line 6 owned by the founders, venture funds and employees.

The transaction is expected to be completed during January 2014 after receipt of customary regulatory approvals.

 

 

z

More From: YAMAHA
Even more news...

 


Yamaha MG10 - 10-Input Mixer
$149.99


Yamaha i-MX1 MIDI Interface Cable
$69.99


More Videos

Cymru Beats 2016: Eden Grey Interview and Live Set 

From Cymru Beats 2016


MESSE 2016: Antelope Audio LiveClock 

A portable BNC word clock for all your live clocking needs!


Meet The Makers: Mark Verbos -Verbos Electronics 

Manufacturer, Buchla expert and Performer


MESSE 2016: Empirical Labs DocDerr EQ Is Great For Guitars 

If you dig clean guitar sounds, try this