Euphonix Goes Private

Feb 13, 2002 12:00 PM, Editors


Education Guide

Mix is gearing up to present its longstanding annual Audio Education Guide in its November 2014 issue. Want to have your school listed in the directory, or do you need to update your current directory listing? Add an image, program description, or a logo to your listing! Get your school in the Mix Education Guide 2014.

Euphonix (Palo Alto, CA) announced on February 7, 2002, that its board of directors unanimously approved the filing of Form 15 with the Securities and Exchange Commission. Filing Form 15 allows Euphonix to suspend its obligations to file periodic reports with the Securities and Exchange Commission, including Forms 10-Q and 10-K. As a result, Euphonix is now a privately held company.

Euphonix also recently garnered the necessary shareholder approval for its $6.0 million line of credit secured in November 2001, and the restructuring of the company's existing promissory notes, which included extending the maturity dates to December 2003. The $6.0 million line of credit will be used to support investment in new-product development and future operations.

Chairman of the Board, musician and filmmaker, Dieter Meier explained the reasoning behind the new investment and the company's goals: "To aggressively attack the large-format post and broadcast market, my group of investors recently decided to commit sufficient funds in the order of $6 million. I want to make Euphonix very profitable and very strong…we are in business for the long haul."

For more, visit

Acceptable Use Policy
blog comments powered by Disqus

Mix Books

Modern Recording and Mixing

This 2-DVD set will show you how the best in the music industry set up a studio to make world-class records. Regardless of what gear you are using, the information you'll find here will allow you to take advantage of decades of expert knowledge. Order now $39.95

Mastering Cubase 4

Electronic Musician magazine and Thomson Course Technology PTR have joined forces again to create the second volume in their Personal Studio Series, Mastering Steinberg's Cubase(tm). Edited and produced by the staff of Electronic Musician, this special issue is not only a must-read for users of Cubase(tm) software, but it also delivers essential information for anyone recording/producing music in a personal-studio. Order now $12.95



Delivered straight to your inbox every other week, MixLine takes you straight into the studio, with new product announcements, industry news, upcoming events, recent recording/post projects and much more. Click here to read the latest edition; sign up here.

MixLine Live

Delivered straight to your inbox every other week, MixLine Live takes you on the road with today's hottest tours, new sound reinforcement professional products, recent installs, industry news and much more. Click here to read the latest edition; sign up here.

[an error occurred while processing this directive]

The Wire, a virtual press conference offering postings of the latest gear and music news, direct from the source. Visit the The Wire for the latest press postings.