Steinberg sold

  • Thread starter Thread starter Rocky Racoon
  • Start date Start date
I wonder what this will mean for the future? Will Steiny get more money to invest in development and fixing things? Or will it just be the same Steiny, but under the watch of this larger company.

I guess only time will tell.
 
:( :( :( :( :( :( :( :( :( :( :( :( :(

:'(
I hate those company takeovers :'( it'll never be like in the old days now ... :(
 
Chriss,
You mean their after sales service will get worse?
 
I can shed a bit of light on what is going on.

This is a friendly buy-out and not a hostile takeover and it sounds like we will be just fine. Charley and friends are still in control of Steinberg and it's direction. They will operate as a arm of Pinnacle and Steiney products will be "Steinberg...a division of Pinnacle". Product names will be the same, although there was speculation that the cheapest Cubasis could possible be re-named but this was unconfirmed. The Steiny workforce is expected to be cut from approx 150 employees to 100, but most of the cuts would be in the administrative areas. All continued support and development of Steinberg products will continue as if they were never bought.

A couple of my thoughts from what I have read. I have heard both accolades and gripes about Pinnacle as a company, but one thing that everyone seems to agree on is that they have much better distribution and public visability that Steinberg had, so that will bode well for an increased userbase which in turn should lead to better development of SX which makes up approx 50% of the Steinberg userbase. With their marraige with Pinnacle we could see some exciting video features for those who are looking to do more serious scoring with SX. I think that the future looks good for us now that the smoke has cleared and we see where we stand. Of course only time will tell, but at least it is looking positive currently.
 
Noticed that it was sold for only $25 million. None of these software companies are very large.

For the people out there using crackz, this is what happens when you steal. It was a factor with Logic.
 
gdoubleyou said:
Noticed that it was sold for only $25 million. None of these software companies are very large.

For the people out there using crackz, this is what happens when you steal. It was a factor with Logic.
Click to expand...

Absolutely.
 
gdoubleyou said:
Noticed that it was sold for only $25 million. None of these software companies are very large.

For the people out there using crackz, this is what happens when you steal. It was a factor with Logic.
Click to expand...

Yep, and Sonic Foundry just sold it's audio/video arm of the company because it isn't keeping it's head above water. Stock shares that got as high as $125 a share are now under $1. Since I use SoundForge 6.0, and was/am considering buying CD Architect it is more than a bit concerning.

That's the beauty of the crack users, they have blinders on. They talk about the "big greedy corporations" (instead of the "little greedy crack users") and how they make all this money and are living like kings....none of them know the truth. They don't research who they are stealing from. They don't want to know the truth....it would cut back on their stealing! ;)
 
Anyone know where I can download a crack for SX?

While you're at it, maybe you could send me a new motherboard, processor (at least 2.0Ghz), a nice SCSI drive, and a MOTU HD192... Oh, yeah... and the Waves bundle, and a nice Royer ribbon mic, a UAD DSP card, and maybe an SSL console for good measure....

.... and what's your sister doing tonight?? :eek:

Chris
 
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