Avid Acquires Sibelius, Makers of Music Notation, Composition, Coursework, Publishing Software
Posted Aug 3, 2006

Avid Technology, Inc. has announced that it has acquired Sibelius Software Ltd., for approximately $23 million in cash. London-based Sibelius is a music applications software company with products for professionals, educators, and students who want to use computers to write, teach, or learn music. The deal further expands Avid's broad portfolio of digital content creation tools with leading software for music notation and composition, coursework, testing, playback, publishing, authoring, and e-commerce.

As a business unit of Avid's audio division, Digidesign, Sibelius will continue to develop and market its own line of software, and going forward, customers can expect to see exclusive and targeted product offerings that combine a range of powerful tools, including Sibelius software, Digidesign Pro Tools Academic software, and M-Audio keyboards, microphones, and other audio peripherals. "

Sibelius' core product line comprises software tools for editing and arranging music notation in both electronic and printed form. A wide range of customers use the company's products, including professional musicians for composing and creating scores for film and TV, orchestral performances and recordings; educational institutions for teaching music at all levels; and individuals who need to provide musical notation as a means to publish their work. Entrenched in music education programs around the world, the Sibelius product line also includes applications for teaching and testing music in elementary institutions up through the university level.

www.sibelius.com
www.avid.com
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