|
Forum Index | Read LUG: Policy/Rules Messages Threads Digests | Post New Message | Search!
From finance.yahoo.com
Read the bit regarding windows users. I use a Mac myself but still, I think
its madness!!!
Apple Acquires Emagic
CUPERTINO, Calif. and HAMBURG, Germany, July 1 /PRNewswire-FirstCall/ --
Apple® (Nasdaq: AAPL - News) today announced it has acquired Emagic, a
leading provider of professional software solutions for computer based music
production. Emagic's most popular product, Logic, is actively used by over
200,000 musicians around the world. Emagic will operate as a wholly owned
division of Apple.
"Emagic has set the industry standard for professional music creation
and
production," said Sina Tamaddon, Apple's senior vice president of
Applications. "We're very excited to have the Emagic team join Apple
and
create more amazing products for musicians."
Macintosh®-based products account for over 65 percent of Emagic's
current
revenues. Emagic's Windows-based product offerings will be discontinued on
September 30, 2002.
Apple ignited the personal computer revolution in the 1970s with the Apple
II and reinvented the personal computer in the 1980s with the Macintosh.
Apple is committed to bringing the best personal computing experience to
students, educators, creative professionals and consumers around the world
through its innovative hardware, software and Internet offerings.
This press release contains certain "forward-looking" statements
within the
meaning of the Private Securities Litigation Reform Act of 1995. These
statements are based on management's current expectations and are subject to
uncertainty and changes in circumstances. Actual results may vary materially
from the expectations contained herein. The forward-looking statements
contained herein include statements about the consummation of the
transaction with Emagic and benefits of the pending transaction with Emagic.
Factors that could cause actual results to differ materially from those
described herein include the inability to obtain regulatory approvals and
the inability to successfully integrate the Emagic business. Apple Computer
is under no obligation to (and expressly disclaims any such obligation to)
update or alter its forward-looking statements, whether as a result of new
information, future events or otherwise.
NOTE TO EDITORS: For additional information visit Apple's PR website (
www.apple.com/pr/ ), or call Apple's Media Helpline at (408) 974-2042.
Apple, the Apple logo, Mac, Mac OS and Macintosh are trademarks of Apple.
Other company and product names may be trademarks of their respective
owners.
SOURCE: Apple Computer, Inc.
Forum Index | Read LUG: Policy/Rules Messages Threads Digests | Post New Message | Search! © 1994-2008, All Rights Reserved. |